Is the Wind Industry as Financially Solvent as They Claim?
MINOT, N.D. — The wind energy industry has a fairy tale they like to promulgate. One in which, after decades of intense government intervention in the energy markets on their behalf, their product can stand on its own two feet.
They use this fairy tale to explain the demise of coal-fired energy. Smug wind industry apparatchiks will talk until they’re blue in the face about how it’s not their fault coal isn’t competitive anymore. It’s just the market, they tell us.
Putting lie to this propaganda is something that has become an end-of-year tradition in Congress. Namely, the surprise renewal of massive production subsidies for wind energy as a part of some must-pass appropriations bill.