Report: Massive Subsidies Being Shelled Out For Renewable Energy

[rangerrebew]

Report: Massive Subsidies Being Shelled Out For Renewable Energy
Jason Hopkins
3:31 PM 04/13/2018
 
 

A new report reveals the billions of dollars in subsidies being quietly shelled out to renewable energy technologies, all on the back of the American taxpayer.

The renewable industry’s dependence on government subsidies has been well documented, but a recent American Rising Squared investigation painted a more clear picture of just how much state and federal taxpayer money is being spent to prop up solar and wind energy companies. Among the key findings: billions in financial aid from the federal government and a burgeoning number of programs at the state level to keep otherwise-noncompetitive renewable energy companies afloat.

http://dailycaller.com/2018/04/13/report-massive-subsidies-renewable-energy/

[IsailedawayfromFR]

Horrible waste of taxpayer money.

The real elephant in the room is revelation of the recipients of these subsidies, who invariably will be rich and we'll connected individuals.