More Bad News Blows in for Wind Power

Visions of wind farms stretching across the prairie capture our imagination, and our tax subsidies. CEOs of great companies like GE shill for wind to sell turbines. Spain warned the US about the illusion of green jobs, which turned into a costly boondoggle that increased the cost of electricity and created few sustainable new jobs.

The UK Mail reports that more than half the subsidized wind farms in England were built where there is not enough wind. Some deliver only around 5% of potential, while most others are under 25%. The report concludes that subsidies – and the allure of quick payback – are driving developers to build in the wrong places. Only eight of the 104 on-shore wind farms are above 30%, which is a reasonable threshold for proper siting. To add insult to injury, the Mail further reports that taxes to pay for these boondoggles are set to treble over the next decade.

• Create Content With AI
• Become A Funded Futures Trader