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The Obama Budget and Wind Power

Posted by Institute for Energy Research on Feb 17, 2012 at 01:20 AM

Wind industry simply cannot continue to rely on the American taxpayer

In the 1970s and 1980s, the proponents of wind power claimed that renewables would be cost-competitive in a few years if they just received some subsidies for a few years. But thirty years later, renewables proponents are still clamoring for subsidies from U.S. taxpayers. Despite a trillion dollar deficit, President Obama is once again responding to the renewable promoters and asking Congress to approve his budget with billions of dollars in energy subsidies.

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