It’s asinine to subsidize oil but not wind power

Wait, on what planet does this make sense?  From the Left Action Facebook page:

Send Congress a message, and tell your reps to renew the Production Tax Credit for wind energy.

It’s mind boggling that we might continue subsidies for oil production while letting credits for wind energy lapse.

Yes, it IS mind boggling.  Look, oil has been pretty much the same since we started drilling for it in the 1850’s.  Hell, it’s been the same for a few million years before that, but you get my point.  If it can’t make it on its own in a free market, why in the world should we subsidize it?  What the heck is going to change with oil that hasn’t changed in the last 150 years?

Wind power, on the other hand, is rapidly getting more efficient and cost-effective, thanks to technological advances.  Some subsidization to help it get over the hump to cost competitiveness seems eminently logical, given the advances already shown.  Not to mention that wind power is pollution free, while oil is chock full of what the economists would call “negative externalities” (pollution, heating up the Earth, spawning conversations that start with “what the hell is that smell”, etc.)

Look, I can understand an argument for not subsidizing either.  I don’t agree, but it’s not a crazy one.   But tax breaks for oil, while eliminating them for wind?  That’s taking stupidity to 11.

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About John Hlinko

John Hlinko is a frequent political pundit on TV, and the founder of Left Action, a network of over 1 million activists. He is also the author of, "Share, Retweet, Repeat: Get Your Message Read and Spread," ranked by Amazon.com as the # 1 "hot new release" in web marketing in early 2012. Follow him on Twitter and Facebook
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One Response to It’s asinine to subsidize oil but not wind power

  1. mwh2os says:

    What do you mean? Not subsidize oil! I hear all the oil barons screaming at once. Wind power is virtually free and it will always be available, just like solar. Oil is the way to go because it is finite, and we can create wars over it, and regulate its price easier then wind and solar. Since “average Joe” as Romney likes to refer to us, cannot just walk out back and get some for free. Why do you think Reagan stopped the R&D on solar. So that the “Republicans” and the “Elite” can complete their evil plan. Big Oil, Coal, Gas, Electric Companies, Automakers, Bankers, Wall Street, and some other Corporations along with organized religion all work in conjunction with each other. They “Control” everything that happens and when it happens in the world, from wars to the price of bread. They play on “average Joe’s ” fears and ignorance to chip away at our freedoms. Why did Bush create the mess he did? He had eight years to do it. We cannot expect Obama to fix all of in just 3 and half years. If it benefits anyone outside of their little click, then it must be bad, and stopped. Like our so called US education it has done little except teach you how to conform and do as your told. Forget thinking for yourselves, you have not been taught to do that. Therefore you must follow the “wolves like lambs to the slaughter”, We are their slaves, if we want things to change than we have to stop using their products, and funding their so-called charities. We as dumb-ed down and numbed out consumers are now completely dependent on them and their products. Because if “average Joe” could afford to put solar panels, and wind-turbines in his yard he might not need to work so hard to earn a pittance from those who earn a Kings ransom off of his labor. Plus “average Joe” might complain if he has to pay more taxes, and higher power bills in order to subsidize R&D for wind and solar, since all these corporations get a free pass and hand outs. Plus one day “average Joe” might say all our power comes from free energy sources, such as wind, water, and solar that he may refuse to pay more than what he pays now for energy, or just opt to create his own. If they cannot justify rate hikes to increase their profits how will they function, or survive.

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