A picture taken in May 2001 shows the world's largest offshore windmill farm, Middelgrunden Windmill Farm, located in the Oeresund, three km from Copenhagen harbour. (AFP/Getty Images)From The Washington Times:
Subsidizing this source could mandate a hefty consumer cost.
Repeating past mistakes has long been a part of Washington's energy policy, but Congress used to wait a while before making the same blunder again. Not anymore. New legislation requiring wind energy closely resembles the ethanol mandate that sparked a backlash just last year.
For many years, wind has benefited from generous tax credits and subsidies, but it still provides less than 2 percent of the nation's electricity. By comparison, coal supplies around 50 percent (and with considerably fewer federal incentives). Natural gas and nuclear, meanwhile, account for about 20 percent each.
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