Energy subsidies exposed
By: Bob Weeks (Diary) | August 20th at 01:55 PM |
On the campaign trail, President Barack Obama calls for an end to energy subsidies for the fossil fuel industry. It turns out, however, that this industry receives relatively little subsidy, while the president’s favored forms of energy investment — wind and solar — receive much more. Additionally, coal, oil, and gas industries paid billions in taxes to the federal government, while electricity produced by solar | Read More »
Tags:
Barack Obama,
Carl Brewer,
Economics,
Free markets,
Jerry Moran,
Kansas Policy Institute,
Mike Pompeo,
Sam Brownback,
Subsidy,
Taxation,
Wind power
Brownback, Moran wrong on wind tax credits
By: Bob Weeks (Diary) | March 19th at 08:49 PM |
In the following commentary, Kansas Governor Sam Brownback and U.S. Senator Jerry Moran of Kansas make the case for extending the production tax credit (PTC) for the production of electrical power by wind. The PTC pays generators of wind power 2.2 cents per kilowatt-hour produced. To place that in context, a typical Westar customer in Kansas that uses 1,000 kilowatt-hours in the summer pays $95.22 | Read More »