Allowing current practices to continue – or worse, permitting Big Wind to expand to generate 25% of US electricity – would be a catastrophe of monumental proportions
Congress and the White House are struggling to find even one subsidy or entitlement program that they are willing to cut. But the American Wind Energy Association (AWEA) insists that the 2.2-cents per kilowatt-hour Production Tax Credit (PTC) for wind electricity must be preserved yet again – and then (maybe, partially) phased out over the next five years. With combined subsidy and PTC price tag of $12 billion in 2013, this is utter nonsense.
