Physical limitations will keep this energy source a niche provider of U.S. electricity needs.
To understand the folly that drives too much of the nation’s energy policies, consider these basic facts about wind energy.
After decades of federal subsidies—almost $24 billion according to a recent estimate by former U.S. Sen. Phil Gramm—nowhere in the United States, or anywhere else, has an array of wind turbines replaced a single conventional power plant. Nowhere.
But wind farms do take up space. The available data from wind-power companies, with which the Environmental Protection Agency agrees, show that the most effective of them can generate about five kilowatts per acre. This means 300 square miles of land—192,000 acres—are necessary to generate the 1,000 megawatts (a billion watts) of electricity that a conventional power plant using coal, nuclear energy or natural gas can generate on a few hundred acres. A billion watts fulfills the average annual power demand of a city of 700,000. Continue reading
The wind-power industry is expensive, passes costs on to the consumer and does not create many jobs in return. The claims of the green lobby that wind farms will generate abundant energy and economic growth are not consistent with the facts.
Today, The Sunday Telegraph reveals how many ”green jobs’’ the wind-power industry really generates in exchange for its generous subsidies. The figures show that for 12 months until February 2013, a little over £1.2 billion was paid out to wind farms through a consumer subsidy financed by a supplement on electricity bills. During that period, the industry employed just 12,000 people, which means that each wind-farm job cost consumers £100,000 – an astonishing figure. Continue reading
“Funneling taxpayer money to support green energy distorts the market and creates a huge amount of economic inefficiency — like a homeowner being pressured to use Uncle Bob for home repairs, even though the work is slow, poor quality and needlessly expensive, just because he’s family.”
by Merrill Matthews
Did President Obama somehow become the most pro-energy president in decades? You could be forgiven if that was your take-away from his comments on energy policy in his State of the Union speech.
But applying the Truth-o-Meter to several of his claims reveals a very different administration than the one on display during Obama’s speech.
Claim 1. “We produce more oil at home than we have in 15 years.”
The vast majority of increased oil and gas production has come from drilling on private lands, over which — thankfully — the Obama administration has no control. Continue reading