Expensive Cheap Energy

From Watts Up With That?

Guest Post by Willis Eschenbach

Well, our beloved US Gummint, in the form of the Energy Information Agency, just released the latest data on the horrendously large taxpayer subsidies for unreliable, intermittent renewable energy. So I thought I should boil all the numbers down to make sense out of them. Here’s the result.

Note that the subsidy for solar is about 50% higher than the electricity purchase price paid by most US utilities … so the solar scammers make money no matter what.

That’s it. That’s the whole post, right there.

Stay well out there, dear friends, the world is rapidly becoming neither saner nor safer,

w.