From tomorrows Wall Street Journal, an opinion article that examines energy subsidies as determined by the U.S. Energy Information Agency.
Solar Energy $24.34/megawatt hour
Wind $23.37
Clean coal $29.81
Normal coal $ 0.44
Natural Gas $ 0.25
Hydroelectric $ 0.67
Nuclear Power $ 1.59
I am certainly for sending less money to OPEC, but we also need to make sure our government is spending our tax dollars wisely.
The opinion piece concludes…
All of this shows that there is a reason fossil fuels continue to dominate American energy production: They are extremely cost-effective. That’s a reality to keep in mind the next time you hear a politician talk about creating millions of “green jobs.” Those jobs won’t come cheap, and you’ll be paying for them.
