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Obama Cares About Big Bird Not Real Birds

Steve of CA Wrote: Oct 28, 2012 9:56 PM
Mary Kay, what is the problem in developing wind energy in addition to the more conventional sources? Why would this cause electricity rates to be four times more expensive?

The number of days until the election can now be counted on both hands. Regardless of the outcome, we know one issue will be buried under the fiscal-cliff news—where it hopes to fly under the radar. This one issue? The extension of the Production Tax Credit (PTC) for wind energy—which is bound to be present in lame-duck session negotiations, as it is currently scheduled to expire on December 31.

Using taxpayer dollars, the PTC supposedly “makes wind power more competitive with other sources of electricity”—though wind energy is still more expensive than traditionally fueled electricity and raises the costs...

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