“Big Wind and Big Solar won’t have to stop feeding at the federal trough for decades to come,” writes Robert Bryce in Forbes. In the gigantic bill just signed by the president: “[T]he tax credits for solar and wind are the most expensive energy-related provisions in the tax code. Between 2021 and 2031, the tax…
Tag: Subsidies
Are Wood Pellets Carbon-Free? Of Course Not, But They Are Defined That Way and Here’s Why
The European Union is considering removing a rule that—in the effort to meet international carbon-reduction goals—has been defining wood pellets as “carbon-free” fuels. That special elevation of wood pellets has made their production a thriving industry in the United States, which exports substantial amounts of wood pellets to England and other parts of Europe. However,…
Unpleasant Truths about Electric Vehicles
Robert L. Bradley, Jr., writing for the Institute of Energy Research, points out that electric vehicles are benefiting from “subsidies galore.” Yet the average price of an EV is $11,000 more than a comparable gasoline-fueled car. Bradley lists the subsidies: Pursuant to federal legislation in 2008/2009, EV purchasers have received up to $7,500 in tax…