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Author Topic: "Study: Wind subsidies cost non-wind states hundreds of millions"  (Read 977 times)
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WhiskeyGirl
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« on: December 02, 2013, 06:48:12 PM »

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As the deadline for Congress to extend federal tax credits for wind energy production fast approaches, a new study finds the subsidies amount to wealth transfers from taxpayers in non-wind states to the tune of hundreds of millions of dollars.

“According to our calculations, taxpayers in 30 states and the District of Columbia paid more to the federal government in 2012 to support wind subsidies than wind producers in those states received,” according to the free-market Institute for Energy Research

“Of those 30 net losing states, 11 states and the District of Columbia had no wind production and received zero subsidies but still paid their share of the tax burden related to federal wind subsidies,” said IER , which opposes extending tax subsidies for wind energy.



Read more: http://dailycaller.com/2013/12/02/study-wind-subsidies-cost-non-wind-states-hundreds-of-millions/#ixzz2mMgjDTar

No one should steal the labor of others.  Pay for your own wind.  Fund your own welfare.

just my humble opinions
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