Jeffrey D. Allred, Deseret News
The 2012 report from the U.S. Department of Energy identifies $37.16 billion in federal subsidies for electrical power in the 2010 fiscal year. Per megawatt-hour, natural gas, oil, and coal received 64 cents, hydropower 82 cents, nuclear $3.14, wind $56.29, and solar an appalling subsidy of $775.64.
For every tax dollar subsidy to coal, oil, and natural gas, wind received $88 and solar $1212. As for electrical power generated, wind and solar provided 2.3 percent of U.S. electricity while fossil fuels provided 78 percent or 34 times the electricity from renewables.
The truth is that wind and solar are not viable without continuous taxpayer subsidies. Furthermore, fossil fuels paid over $10 billion in taxes in 2009 while wind and solar are heavily subsidized.
This raises a radical idea. Eliminate all federal energy subsidies — an energy plan that makes financial sense for overburdened taxpayers.
Salt Lake City
- Jay Evensen: On Second Thought: The 1 percent...
- H. David Burton: Calling on local leaders to...
- Radon, the unrecognized killer
- Frank Pignanelli & LaVarr Webb: Iowa caucus...
- In our opinion: The lesson of international...
- Drew Clark: Why Utah's thriving technology...
- Charles Krauthammer: The 'establishment'...
- Letter: Hillary and FOIA
- My view: Get insurance out of health care 51
- Dan Liljenquist: What we learned from... 20
- Letter: Hillary and FOIA 17
- Letter: No labels in 2016? 16
- Letter: Leave public land alone 14
- Letter: How to improve our air 12
- Arthur Cyr: US presidential politics... 12
- Is it time for our first woman president? 11