I was going to suggest, most new power sources need some initial stability to establish and get to an equal footing to the long established and susidised old sources.
I was going to suggest ethanol as a good example, they had a 10 cents a gallon subsidy for 20 years, and then it ended.
Wind energy and pkotovoltics doesn't have a good payoff, not a good future. They need a 1/3 cost subsidy today still, and then an ongoing subsidy of retail price support for a wholesale product?
I'm good with that if it's a 10 year deal and phase out over the next decade or two.
But I'm not seeing the phaseout, or how wind and photovoltaic is close to real wholesale electric costs, or a path to get an installation close to those costs?
Ethanol worked. The modest subsidy provided seed money and made lenders comfortable extending start up loans, and through time the process proved itself to be viable on its own. That is a success story.
Solar is mighty questionable? Sure sucks to need a 30-40% govt subsidy for your numbers to work.
I'm not against solar. But it needs better numbers than what we have to be sustainable?
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Today's Featured Article - Show Coverage: Godfrey, Illinois Country Days - by Cindy Ladage. Except for last fourth of July's Old Gold show in Springfield, Illinois, I don't remember when it was so hot. Nevertheless, the heat didn't keep vendors and visitors alike from enjoying the third annual Country Day's Event. Jane Elliott said the event was originally a one man show. "Barry Seiler, owner of Country Town Farm Supply store used to invite people up to the Johne Deere store. He would give hats and a free meal for everyone that brings a tractor." Elliott said while this
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