Not so long ago it seemed Big Wind was on the verge of collapse what with the federal subsidies the industry relies on about to be pulled. But then those subsidies were renewed, and now there are plans for a 41% expansion of wind power capacity in North Dakota: The extension of a key federal…
Fiscal Cliff Deal Contained $12 Billion For Continuing Wind Subsidies
You wouldn’t think that a bill which was supposedly about fixing the nation’s fiscal problems would be porked up with handouts for special interests, but you’d be wrong. The “fiscal cliff” deal was chock full of goodies, including $12 billion in continues subsidies for Big Wind: Among the leaders in this glorious formation are companies…
Spain Selling Off Wind Farms
Remember when President Obama was touting Spain’s “green energy” policies as something worth emulating here in the United States? Well Spain, where unemployment has hit rates as high as 20%, is now selling off their wind farms (via Million Dollar Way): In its concerted effort to reduce debt and maintain investment grade credit rating, Iberdrola…