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TAYLOR AND TANTON: Blow off wind-production tax credit
Expensive source can’t compete
Question of the Day
In sum, there is no reason to think wind electricity will become competitive with conventional sources or replace any meaningful amount of fossil fuel. If we continue expanding it, wind generation will increase the cost of electricity, tie us to fossil fuels indefinitely and require us to build transmission lines that otherwise would be unnecessary. Those are no reasons for shifting any of wind’s cost from ratepayers to taxpayers. Congress should allow the wind-production tax credit to expire, as it always was intended to do.
George Taylor is a research fellow at the American Tradition Institute, where Tom Tanton is the director of science and technology assessment.
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