Thursday, December 16, 2010

Other Energies get Subsidized Too

Here is a great reminder from DougS that other types of energy receive subsidies, boosts and preferential treatment from the government too -- also at taxpayer expense. It originated in the comment thread from this recent blog post but it's so thoughtful that it deserves to be on the front page.

This was a reply to my expression of angst about the requirement that power companies buy SRECs (or generate green energy themselves).


It if makes you feel any better coal gets billions in subsidies every year. Unfortunately, our system is setup such that those with the money can lobby congress and get tax breaks, etc. This means that the ratepayer/taxpayer is the stuck with the bill.

The SREC is a subsidy as well, but it is hard to compete when one form of energy is subsidized and other is not. So, solar, coal, corn and the rest of them enjoy breaks at the expense of the ratepayer. It is up to you to pick your poison/weapon, and I'm glad to choose solar over the others.

Here is an article on some of the coal subsidies.


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