Trump to Big Wind: You blow!
Wall Street Journal (1/12/25) article: "Every once in a while Donald Trump says something that shocks Washington with its blunt truth. So it was during last week’s discursive press conference when he observed that wind power isn’t economic without subsidies. Wind farms 'only work if you get a subsidy,' Mr. Trump mused. 'The only people that want them are the people that are getting rich off windmills, getting massive subsidies from the U.S. government. And it’s the most expensive energy there is. It’s many, many times more expensive than clean natural gas. . . . You don’t want energy that needs subsidy.' The media’s fact-checkers pounced and proclaimed that wind energy is among the cheapest and fastest-growing power sources. But that’s only because of rich subsidies, which were sweetened by the Inflation Reduction Act. Federal tax credits can cover 50% of the cost of building an offshore wind farm and more than 80% of the cost onshore."
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