redblack
A subsidy is a check dude..a check.. cash.
is it? looks to me like it’s a tax credit, just like nuclear and fossil fuels get. that liberal rag, WSJ, seems to agree.
http://online.wsj.com/article/SB10000872396390443659204577575203384685874.html
then there’s this:
The wind industry is big business in Nolan County, where Sweetwater is located. The tax base has grown from about $500 million in 2000 to $3 billion today. Besides making some ranchers rich, the money has pumped dollars into rural school districts where some new schools have been built for the first time in nearly a century.
Read more here: http://www.kansascity.com/2012/08/24/3776822/texas-wind-energy-boom-may-go.html#storylink=cpy
8.5 percent of texas’ grid is powered by wind. looks like some trickle-up economics at work in texas – which, by the yea, is right there at the federal pork trough that you hate so much.
note that john cornyn (R-TX) and chuck grassley (R-IA) support extending the wind energy tax credit.
so if the fossil fuels and nuclear industries need their federal tax incentives to be competitive and viable, why isn’t the same true for other forms of energy production?