From The Infrastructurist:
There’s a wonderful article in the current issue of Insight, the energy journal published by Platts, called “The Unbearable Lightness of Wind.”
The author, Ross McCracken, tackles the question that nobody has posed yet – what are the economic consequences going to be of putting up all these wind turbines with government subsidies, mandates and “feed-in tariffs” that tell the utilities, “Buy it whatever it costs”?
“The conundrum,” McCracken writes, “lies in the fact that wind does not directly displace fossil fuel generating capacity, but will make this capacity less profitable to maintain.”
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