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    The Two Faces of the Wind Industry

    A new report from the Department of Energy projects slower growth and a “direct and negative” impact on U.S. wind manufacturers if a $22-per-megawatt-hour (after tax) production tax credit (PTC) is not extended. A projected drop in new installation is not surprising. You get more of something when you subsidize … More

    Absent Tax Credits, the Free Market Works for Wind Energy

    The wind production tax credit (PTC) expired again at the close of 2013, but Congress need not reconsider it. Although new power capacity installations were 92 percent below their 2012 levels, the wind industry still added 1,084 megawatts (MW) to existing production in 2013. American Wind Energy Association CEO Tom … More

    Top Wind Utility: Wind Subsidy Benefits Industry, Not Consumers

    The biggest wind energy purchaser in the country may sever ties with the industry’s largest trade group in the wake of a bitter fight to sustain subsidies for wind energy producers that, the company says, benefit producers at the expense of utilities and electricity consumers. Xcel Energy, which had the … More

    Another Free-Money Report

    Because the concept of opportunity cost is fundamental to all of economics, it is covered in the first chapter of every principles-of-economics textbook. Opportunity cost tells us what we give up when make decisions on consumption and production. There are no free lunches. In spite of the universal agreement on … More