April 18 -- The national transition away from fossil fuels and toward an increasing reliance on power from the wind and sun has been becalmed by the expiration of the Production Tax Credit, a 2.3 cents per kilowatt hour subsidy granted wind power generators.
Some argue that the subsidy, first offered in the 1990s to stimulate the development of alternatives to coal and oil energy, has outlived its usefulness. It’s time, they say, for power from wind turbines to compete in the marketplace on an equal basis with other sources, including natural gas. We say, not yet. >>View Article