“As long as these subsidies and tax credits exist, clean-energy executives will likely spend most of their time pursuing advanced legal and accounting methods rather than investing in studies, innovation, new transmission technology and turbine development.”
Patrick Jenevein rails against wind subsidies in the Wall Street Journal:
… Government subsidies to new wind farms have only made the industry less focused on reducing costs. In turn, the industry produces a product that isn’t as efficient or cheap as it might be if we focused less on working the political system and more on research and development. After the 2009 subsidy became available, wind farms were increasingly built in less-windy locations, according to the Department of Energy’s “2011 Wind Technologies Market Report.” The average wind-power project built in 2011 was located in an area with wind conditions 16% worse than those of the average project in 1998-99…
Do there things and there will be no more EPA or DOE to mess with our rights and waste our resources. . .
http://articlevprojecttorestoreliberty.com/
“As long as these subsidies and tax credits exist, clean-energy executives will likely spend most of their time pursuing advanced legal and accounting methods rather than investing in studies, innovation, new transmission technology and turbine development.”
The answer is only one innovation away. Jenevein shares the persistent belief that Tomorrow’s Wind Power will work, but we are trapped in Today’s Wind Power, because executives just aren’t making the right investments.
Only Obama knows the right investments.
Jenevein thinks we’d find The Answer if we just did some research. Wind generation of electric power dates to 1887. We have over a century of research. But it’s as if it never happened to Jenevein.
BTW . . . note that Jenevein isn’t taking his wallet out to invest in wind generation research.