China again added more wind capacity in 2011 than did the United States: 2.6 times as much, according to the Global Wind Energy Council.[i] But even though China built an impressive 18 gigawatts of wind capacity last year, the wind…
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In the 1970s and 1980s, the proponents of wind power claimed that renewables would be cost-competitive in a few years if they just received some subsidies for a few years. But thirty years later, renewables proponents are still clamoring for…
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The world’s largest wind turbine manufacturer is laying off employees due to over capacity in the market from competition from Chinese suppliers and lower demand in European and U.S. markets as unsustainable subsidies decline. Strong headwinds are blowing against the…
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The Institute for Energy Research (IER) is committed to free-market policy solutions for America’s energy needs. IER has repeatedly argued that reducing the federal government’s intervention in the energy sector would reduce prices for consumers and, especially in our current…
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Bloomberg’s New Energy Finance forecast is predicting that global clean energy investments may double to $395 billion by 2020, led by growth in offshore wind and solar power.[i] But, the Dutch find that offshore wind is too expensive to subsidize…
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Those who study energy policy know that the taxpayers have been subsidizing renewable energy sources for decades. Since these alternatives cannot (yet) survive except in tiny niches on their own, they need government support. A recent NYT article on the…
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