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Monday, March 19, 2012

Green Failure -- Wind Farms

An article at the Daily Mail that is critical of Britain's decision to subsidize wind farms, and uses the failure of wind generators in the United States as an example.
‘The key lesson from history is that when the subsidies go, the wind farms go,’ he told me. ‘It costs too much to maintain them and they just get abandoned.’

How ironic that the British government is pushing through permissions for thousands of new turbines just as the Americans are going cool on the idea.

The latest figures show U.S. investment in wind energy plunged 38 per cent last year. Experts say there are simply too many turbines out there and not enough people buying the electricity.

Republicans in Congress want to cut wind energy’s 20-year-old subsidy at the end of the year.

Why, they ask, should the debt-laden country be giving wind energy companies a 30 per cent tax credit, costing taxpayers nearly $3 billion a year, when wind accounts for only 2.3 per cent of America’s electricity and 8 per cent of its pollution-free electricity?

Wind energy companies claim the move will ‘kill 37,000 jobs, shut plants and cancel billions of dollars in private investment’.

They don’t mention more abandoned windmills, but it hardly seems impossible.

Nicolas Loris, an energy analyst at the Heritage Foundation, a conservative think tank in Washington, told me it just goes to prove ‘you can build anything if you subsidise it enough’.

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