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December 26, 2012

The Multiple Distortions of Wind Subsidies

Phil Gramm, Wall Street Journal


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Federal subsidies for new wind-power generation will end on Dec. 31 unless they are renewed by Congress. For the sake of our economy and the smooth operation of the energy market, Congress should let the subsidies lapse. They waste taxpayer money, subvert the allocation of capital, and generate a social...

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TAGGED: wind energy

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