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Green Energy and its Rich Subsidies

There is so much low-hanging fruit on the federal government's tree of waste. Within the past 1 1/2 months, we've growled about $125 billion of "improper payments on March 8. Then this month, on April 11, we growled about 601 ways to cut $639 billion in wasteful spending, and then yesterday, we growled about the massive waste in our massive federal government.

Consequently, it was depressing to read John Merline's report in the weekend Investor's Business Daily (IBD) that "even with subsidies, green energy's future is dim." Here's how Merline begins his reporting:

"It's a lot easier to throw money at wind and solar projects than it is to get energy out of them. That, at least, is the conclusion one could draw from the Energy Information Administration's latest Annual Energy Outlook, released this week.

"President Obama has made it his mission to push the country toward renewable "green" energy. He's certainly put the taxpayers' money where his mouth is.

"The EIA — part of the Energy Department — reported last month that the federal government spent roughly $45 billion just from 2010 to 2013 on renewable energy subsidies, mostly for wind and solar. Obama's budget calls for a 13% hike in current subsidy levels.

"In a speech this year, Obama said this "investment" has paid off, claiming that "we've doubled the production of clean energy."

"What he didn't say is that even with that doubling, solar and wind still account for less than 3% of the total energy supply, according to the new Outlook report.

"Nor did Obama mention that, even with billions upon billions in subsidies, solar and wind will still account for a mere 4% of the nation's energy supply by 2040 — a quarter-century from now."

Read Merline's entire report for IBD here. Note especially the graphic showing "renewables' dim future.

Was the $45 billion, mentioned above, that was flushed down the proverbial rathole from 2010 to 2013 part of GAO's already reported wasteful spending? A question worth asking members of Congress, it seems. Growls readers are urged to contact their members of Congress to ask this, or another question about government waste. Only when they see a sufficient number of their pitchfork-carrying constituents will they act to reduce waste and duplication in the federal government. Contact information is available at Thomas (use left-hand column). Taxpayers living in Virginia's Arlington County, should contact:

  • Senator Mark Warner (D) -  write to him or call (202) 224-2023
  • Senator Tim Kaine (D) -- write to him or call (202) 224-4024
  • Representative Don Beyer (D) -- write to him or call (202) 225-4376.

Ask for a written response. And, tell them ACTA sent you.

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