Failing the laugh test: Wind, solar power make subsidy accusations

Free-market economists can debate whether the federal government should assign preference to baseload power that is available 24/7 and is relatively immune to supply interruptions. But people championing wind and solar power are the last ones who can criticize coal and nuclear power finally being considered for a small portion of the renewable power industry’s federal energy subsidies.

The Essence of Liberty: Volume I: Liberty and History: The Rise and Fall of the Noble Experiment with Constitutionally Limited Government (Liberty and ... Limited Government) (Volume 1) If your product has to be subsidized to compete, the free market is telling you that it is not needed and you shouldn’t be holding a gun to the productive class’ head to make it work. — jtl, 419

by CFACT

The lavishly subsidized wind and solar power industries apparently don’t like other meth dealers – er, make that energy subsidy recipients – on their federal-pork street corner. The evidence? Wind and solar apologists are squealing with outrage that coal and nuclear power may finally get their own small piece of the action.

The Essence of Liberty: Volume II: The Economics of Liberty (Volume 2)   For important context, the wind and solar power industries each receive such enormous taxpayer subsidies that all other energy industries combined do not receive as much taxpayer pork as either wind or solar power alone. According to the U.S. Energy Information administration, the net subsidies for coal, oil, natural gas, and nuclear power combined amount to only 1/9th of the amount of federal renewable energy subsidies (see Table 3: https://www.eia.gov/analysis/requests/subsidy/pdf/subsidy.pdf).

The Essence of Liberty: Volume III: A Universal Philosophy of Political Economy (Liberty: A Universal Political Ethic) (Volume 3)Keeping wind and solar power’s dominance of the energy subsidy racket in mind, wind and solar apologists are making laughable objections to Energy Secretary Rick Perry’s proposal to provide credit – on energy security grounds – to power facilities that can produce electricity 24/7 and can store their fuel onsite. With coal and nuclear power fitting these energy security goals, and wind and solar power falling short, renewable power apologists claim energy security considerations amount to “subsidies” and “bailouts” for coal and nuclear power.

The Betrayed: On Warriors, Cowboys and Other MisfitsFor example, University of Michigan professor Mark J. Perry argued Tuesday in the Washington Examiner (https://www.washingtonexaminer.com/opinion/energy-bailout-plan-would-raise-consumer-prices-all-for-nothing) that coal and nuclear power “are being pushed out of competitive electricity markets by an abundance of cheap natural gas and renewable energy.” He may be correct that low natural gas prices are giving coal and nuclear power a run for their money, but wind and solar power prices certainly don’t. It is precisely because wind and solar power Combat Shooter's Handbook are so expensive and unreliable that the wind and solar industries need lavish subsidies and renewable power mandates to force consumers to purchase their products.

Perry digs himself a deeper hole by calling energy security considerations a “bailout” and then arguing, “It is time to let natural gas and renewable power earn their fair share of the electricity market, unencumbered by government interference.”

Reconnaissance Marine MCI 03.32f: Marine Corps Institute“Unencumbered by government interference”?!! This is a renewable power apologist talking? Forgive us for spewing our coffee all over our keyboard as we read this.

Free-market economists can debate whether the federal government should assign preference to baseload power that is available 24/7 and is relatively immune to supply interruptions. But people championing wind and solar power are the last ones who can criticize coal and nuclear power finally being considered for a small portion of the renewable power industry’s federal energy subsidies.A Handbook for Ranch Managers Planned Grazing: A Study Guide and Reference Manual Environmental & Natural Resource Economics: The Austrian View

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The Betrayed: On Warriors, Cowboys and Other MisfitsThe Betrayed: On Warriors, Cowboys and Other Misfits. Although woven around the experiences and adventures of one man, this is also the story of the people who lived during the period of time in American history that an entire generation was betrayed It is the story of the dramatically changing times in which this personal odyssey took place. It is the story of the betrayal of an entire generation of Americans and particularly the 40% (of the military aged males) of that generation that fought the Vietnam war.

 

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About Land & Livestock Interntional, Inc.

Land and Livestock International, Inc. is a leading agribusiness management firm providing a complete line of services to the range livestock industry. We believe that private property is the foundation of America. Private property and free markets go hand in hand—without property there is no freedom. We also believe that free markets, not government intervention, hold the key to natural resource conservation and environmental preservation. No government bureaucrat can (or will) understand and treat the land with as much respect as its owner. The bureaucrat simply does not have the same motives as does the owner of a capital interest in the property. Our specialty is the working livestock ranch simply because there are so many very good reasons for owning such a property. We provide educational, management and consulting services with a focus on ecologically and financially sustainable land management that will enhance natural processes (water and mineral cycles, energy flow and community dynamics) while enhancing profits and steadily building wealth.
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One Response to Failing the laugh test: Wind, solar power make subsidy accusations

  1. Reblogged this on Land & Livestock International, Inc. and commented:

    If your product has to be subsidized to compete, the free market is telling you that it is not needed and you shouldn’t be holding a gun to the productive class’ head to make it work. — jtl, 419

    Like

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