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Wind Enjoying Record Year, but NYT Leaves Out Why

Peter Behr and Jenny Mandel report for The New York Times that “wind power weathered a second year of recession to post new records of generation.”

But what Behr and Mandel do not report is that wind producers are also enjoying record subsidies. The 2009 stimulus bill includes $16.7 billion for renewable energy and energy efficiency and $4.0 billion towards loan guarantees for renewable energy. The government handouts already in place helped as well. An April 2008 study of subsidies for the energy industry finds that wind and solar receive over $20 per kilowatt hour in … Continue Reading