The wind industry often peddles the false claim that conventional energy sources like natural gas, coal, and nuclear receive more subsidies than wind power. Industry lobbyists at the American Wind Energy Association (AWEA) use this myth as a talking point to push for more subsidies, including the federal Production Tax Credit. In reality, the exact opposite is true—wind energy requires massive subsidies to compete with conventional fuels—and new data (once again) prove it.
Recently, the U.S. Energy Information Administration (EIA) released a new report on federal energy subsidies. An analysis of EIA’s data by the Institute for Energy Research found that despite the wind lobby’s claims, wind energy is by far the most heavily subsidized fuel source, receiving more subsidies to produce less energy than conventional fuels. Moreover, even the data AWEA cites to bolster its case shows that wind is a bad deal for taxpayers….