I don’t know about you, but I think I pay enough in taxes. Particularly, when I read the ’50 examples of government waste’ by the Heritage Foundation. Enough is enough. MIT has a tremendous reputation of graduating and recruiting some of the brightest minds in America. It is no surprise, then, that they have confirmed what so many of us have been screaming for years. Now, if you live in Ohio, know that BigWind is pushing our legislature to reduce our wind turbine setbacks, so they can plant MORE turbines across our state!! What happens if the rug is pulled out from under this renewable technology? What will happen to the structures that will dot our landscape? They will deteriorate and then become dangerous, as maintenance will be cost-prohibitive. Who is then at risk? Everyone below…
Researchers at the Massachusetts Institute of Technology have confirmed what many in the energy world already knew: Without government support or high taxes, green energy will never be able to compete with conventional, more reliable power plants.
The study, announced by MIT’s News Office Wednesday, determined that conventional energy would be consistently less expensive than green energy over the next 10 years. The study concludes that the government could make green energy competitive by offering enormous amounts of taxpayer support.
The study confirms that green energy can only work when energy prices are extremely high and require government support. Projections from the International Energy Agency estimate that developing wind and solar power enough to substantially impact global warming could cost up to $16.5 trillion by 2030….
The MIT study also noted that solar and wind power are more than twice as expensive as natural gas, and tax on carbon dioxide emissions could increase electricity prices enough for green sources to compete. Even environmental groups such as The Sierra Club worry increasingly cheap energy will make the case for green power weaker.
“Wind and solar can’t compete with conventional sources on their own merits,” Chris Warren, a spokesperson for the Institute for Energy Research, told The Daily Caller News Foundation. “That’s why the national environmental lobby and their allies are peddling the idea of a carbon tax. They want to punish the use of natural gas, oil and, coal to make their preferred sources appear more profitable. In practice, a carbon tax would have a devastating impact on American families already struggling in the Obama economy–hurting the poor and middle class the most.”
Critics have said carbon taxation disproportionately harms the poorest members of society….