This paper rigorously demonstrates that wind electrical generation is very costly and that subsidies for wind energy through tax credits at the federal and state levels merely hides these costs even as they drive increased wind energy investment.
What’s more, wind generation accomplishes little in reducing carbon-dioxide emissions and, even if it did, potential reductions in Oklahoma would be insignificant globally.
Finally, while wind power subsidies destabilize Oklahoma’s state finances, they provide a negligible amount of property tax funding to schools.
Additional contributions in the paper are provided by Per Bylund, Paul C. Knappenberger, and Byron Schlomach.
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Author: Robert Michaels
Abstract: An encore reposting of the research from the 1889 Institute.