Trillions in taxpayer subsidies haven’t made wind and solar power cheaper or better for Americans
NY Post
Despite us constantly being told that solar and wind are now the cheapest forms of electricity, governments around the world needed to spend $1.8 trillion on the green transition last year.
“Wind and solar are already significantly cheaper than coal and oil” is how President Biden conveniently justifies spending hundreds of billions of dollars on green subsidies.
Indeed, arguing that wind and solar are the cheapest is a meme employed by green lobbyists, activists and politicians around the world.
Unfortunately, as the huge subsidies show, the claim is wildly deceptive.
Wind and solar energy only produce power when the sun is shining or the wind is blowing. The rest of the time, their electricity is infinitely expensive and a backup system is needed.
This is why global electricity remains almost two-thirds reliant on fossil fuels — and why we, on current trends, are an entire century away from eliminating fossil fuels from electricity generation.
