A great article about the politics of energy based on the reaction of wind & solar advocates whining about the proposal to ensure that the USA keep enough of its base load generating fleet to keep the lights on. Written by Stephen Moore, who was involved in writing the administration's tax bill.
Excerpt: "But the idea that renewables are “cheap” is a lie, and those on the Left know it. Let’s be clear about an economic reality that environmentalists have spent four decades trying to hide: Without massive government subsidies, there would be no wind or solar energy to speak of. They are complete creatures of government favoritism, and after 30 years, we still can’t cut the umbilical cord."
Excerpt: "I helped write and negotiate the just-passed Trump tax bill. When we tried to get rid of the renewable energy tax credit (i.e., create a “free market in energy”), the green lobby went ballistic and told Republicans this would put much of the industry out of business.
For every dollar of subsidy that coal and nuclear power receive, wind power gets almost $5 and solar receives about $20. This does not even include the biggest subsidy of all: About half the states have renewable-energy standards requiring utilities to buy 20 percent to 30 percent of their power from wind and solar, regardless of the price. What other industry in America has that kind of golden parachute?"
Link to full article: https://patriotpost.us/opinion/56623?mailing_id=3553&utm_medium...