Don’t bother reading the words. That’s the least interesting part of this predictably-green-leaning blog post by the Washington Post’s Brad Plumer. The included graph, down below, really tells the story in an easily-understood way. All Plumer adds is the usual hand-wringing one gets from “green energy” proponents in the press, who fear what the elimination of wind subsidies will do to that government-dependent industry.
Completely absent from Plumer’s thoughts are the beleaguered taxpayers who have to pay for this massive energy scam. But the guy works in Washington, so what would one expect? He’s worried much more about the fiscal cliff facing wind operators than the fiscal cliff facing the taxpayers who are the wind beneath the industry’s wings.
Here’s the chart:
What it clearly illustrates is the symbiotic relationship that exists between Big Wind and Big Government. Without the latter, the former would implode, or at least contract to a scale that makes more market sense. Wind industry expansions and contractions are directly tied to, and dependent upon, government support efforts of one kind or another, if not direct subsidies than mandates. It’s a dependency trap that will continue indefinitely until we remove some industry crutches — it has more than just one, as I point out in a previous post – and ask Big Wind to walk on its own.
If that can’t happen in the context of the deepening fiscal crisis, it will never happen, and we’ll just come to view this as another American industry that functions as a permanent ward of the state.