In response to:

Romney Smacks Wind Energy Money Grab

Tom24 Wrote: Aug 24, 2012 11:52 AM
On a final note, I really don't blame Tom Carnahan for this mess. He was simply an opportunist who took advantage and I would guess likely had a little inside knowledge to make that possible. I blame the politicians on both sides of the isle that created such wealth wasting boondoggles. Ultimately though I blame the stupid public who supported the whole mess by electing the politicians that wrote the laws that made it possible, for which they and their families will pay through their own reduced wealth.

For twenty years American taxpayers have been supporting the wind energy industry through the Production Tax Credit (PTC) and twenty before that in various forms of favoritism.

Each time it is scheduled to expire, the lobbyists from the American Wind Energy Association (AWEA) fight for its extension, claiming the infant industry is almost ready to stand on its own and just needs a little more help. The PTC appeals to an emotional and ideological viewpoint as the idea of “free” energy seems attractive—but it can’t stand up when viewed through the filter of facts and science.

Now that...

Related Tags: Energy Money Wind