Wednesday, November 02, 2022

It's always been a scam to make the rich, richer!-----Why Should Taxpayers Subsidize Unreliable Renewables?

Why Should Taxpayers Subsidize Unreliable Renewables? - By Taylor Tougaw

"Unsurprisingly, it appears that members of Congress have no idea how they are spending taxpayer dollars. 
  • Despite billions of taxpayer subsidies toward these industries in the last 30 years, their adoption remains stagnant. In fact, only 3 percent of global energy comes from solar and wind combined. 
...Unfortunately, no amount of money can overcome basic science.
Industry experts have long bemoaned the unreliability of renewables like wind and solar. 
While they are right to do so, let’s try to understand why. 
The answer has to do with capacity factors, which is a rating that all energy sources have based on how much energy they could produce under perfect circumstances divided by how much energy they actually produce...

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