[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]


Add NWW headlines to your site (click here)

when your community is targeted

Get weekly updates

RSS feeds and more

Keep Wind Watch online and independent!

Donate via Stripe

Donate via Paypal

Selected Documents

All Documents

Research Links


Press Releases


Campaign Material

Photos & Graphics


Allied Groups

Wind Watch is a registered educational charity, founded in 2005.

News Watch Home

Critics: Market, not taxpayers, should fund new energy projects 

Credit:  By Erin Smith | Boston Herald | May 20, 2014 | bostonherald.com ~~

Critics of green energy incentives say the federal government shouldn’t gamble with taxpayer dollars – especially when they often go to the politically connected.

“I think if wind projects are economically competitive they shouldn’t need the taxpayers’ help in getting these projects off the ground,” said Nick Loris, senior policy analyst in energy and environment at the Heritage Foundation. “There’s a huge demand for electricity, and that’s not going to go away anytime soon. It should be determined by the market – not the taxpayer.”

Loris said incentives for green energy often go to politically wired projects rather than those that are financially viable.

“Whether they’re Democrats or Republicans – if it stands to benefit their state, they don’t care if the rest of us have to pay for it,” Loris said. “That’s not how energy policy should work.”

Critics of renewable energy incentives point to solar-panel-maker Solyndra, which received $528 million in federal loans before going bankrupt in 2011.

“There’s definitely been a lot of government projects that have gone on to be profitable,” Loris said. “But to me it’s an argument that they didn’t need the government loans in the first place. There are a lot of good ideas out there, and those are the projects that will be able to secure private financing.”

However, supporters of the incentives argue other energy industries get the same help and the nation should invest in homegrown resources. Peter Kelley, a spokesman for American Wind Energy Association, says the government already subsidizes natural gas and nuclear energy, and incentives help create investments in wind farms.

“Homegrown energy is very important to everyone across the political spectrum, and this is a huge source of energy within our borders,” said Kelley. “The benefit of wind is you sign a 20-year contract, and the price gets locked in, whereas the price of natural gas is volatile from year to year.”

Kelley also defended federal loan guarantees, saying they have a better track record than most private businesses. “They may not have perfect record,” he said. “But they have a much higher track record than the economy as a whole.”

Source:  By Erin Smith | Boston Herald | May 20, 2014 | bostonherald.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

Wind Watch relies entirely
on User Contributions
   Donate via Stripe
(via Stripe)
Donate via Paypal
(via Paypal)


e-mail X FB LI M TG TS G Share

News Watch Home

Get the Facts
© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.


Wind Watch on X Wind Watch on Facebook Wind Watch on Linked In

Wind Watch on Mastodon Wind Watch on Truth Social

Wind Watch on Gab Wind Watch on Bluesky