Latest posts by H. Sterling Burnett (see all)
- Why a Carbon Tax Does Not Work - February 24, 2018
- Time for the Clean Power Plan to Go, Endangerment Finding Should Be Next - February 23, 2018
- President Trump on Energy and the Environment, an Assessment of His First Year - February 22, 2018
Former Oklahoma 7-term Congressman Ernest Istook is leading the charge against a renewal of the wind-power production tax credit which under which the federal government pays wind power producers 2.3 cents per kilowatt hour. Even with this subsidy, wind power is more expensive than traditional fossil fuel power plants.
Over ten years the federal government has paid tens of billions of dollars to wind producers for unreliable power. Istook points out that raising the costs of energy, as the PTC does, harms the poor, minorities and those on fixed incomes the worst. He argues for an energy neutral energy policy. No subsidies for any energy source and equal treatment under tax laws.