Stop Subsidizing the Slaughter

Stop Subsidizing the Slaughter

Congress and the White House are struggling to find even one subsidy or entitlement program that they are willing to cut. Meanwhile, the American Wind Energy Association (AWEA) insists that the 2.2-cents per kilowatt-hour Production Tax Credit (PTC) for wind electricity should be extended yet again – and then (maybe, partially) phased out over the next five years. By then, claims CEO Denise Bode, wind energy could be cost-competitive with other energy sources. What nonsense. No evidence supports any of this.

Wind energy is a net jobs and economic loser. By raising electricity costs for factories, internet hubs, offices, malls,...