The argument that subsidy rates for renewable energies are economically draining is severely flawed. Articles, such as “The Energy Subsidy Tally”, published by the Wall Street Journal, fail to evaluate the performance of renewable energies relative to the oil, gas and coal industries in their nascence. The economic reality of renewables is therefore distorted, often in favor of a political agenda.
Early Energy Subsidies Were Higher Than They Are Now
Adjusting for inflation, the earliest subsidies for the oil, gas and coal industries were significantly higher than the subsidies supporting renewable energies today. In fact, research by Nancy Pfund and Ben Healey at Yale University found that the government spent an inflation-adjusted $1.8 billion annually on oil and gas subsidies in early years, while current subsidies for renewable energies amount to approximately $400 million, annually[i]. Accounting for 5 percent of the Federal budget, subsidy dollars for “traditional” energy sources poured significant capital into early research and development, leading to innovation and eventually to reduced costs in these industries.
What’s more, renewable energy subsidies have generated greater economic growth than earlier subsidies for oil and gas did. To this point, Pfund and Healey found that the per-dollar increase in energy generation is ten times higher for current renewable energy subsidies than it was for early oil subsidies. [ii]
Renewables Drive Real Growth
The fact that renewable energy is driving more growth for the U.S. economy than oil and gas did in earlier years should be applauded. However, commonly used metrics do not take into account the significant investment required to integrate such a new, sophisticated industry into the U.S. market. Failure to effectively communicate progress in renewable energies therefore leads to misconceptions about the industry’s economic sustainability.
Policy makers should evaluate the renewable energies sector relative to traditional energies at similar periods in their development. Decisions should be made based on the industry’s proven potential given the benchmarks it has surpassed, despite serious headwinds and lackluster support. If we’re already generating more power, per subsidy dollar, than our competitors did during their formative years, think of how far innovation in the renewable energy sector could take America.
i,ii Pfund, Nancy and Ben Healey. “Should the Government Subsidize Alternative Energy?” Yale School of Management. http://qn.som.yale.edu/content/should-government-subsidize-alternative-energy
flomax price uk
generic for flomax
buy tretinoin gel
arimidex 1 mg capsules
[url=http://ulasix.com/]furosemide 80 mg coupon[/url]
tretinoin best price can i buy diflucan from canada
strattera canada price
Highly descriptive post, I liked that bit. Will there be a part 2?
bilgine sor
промокод 1хбет. Click Here:👉 http://www.newlcn.com/pages/news/promo_kod_1xbet_na_segodnya_pri_registracii.html
I’m not sure why but this weblog is loading incredibly
slow for me. Is anyone else having this problem or is
it a problem on my end? I’ll check back later on and see if
the problem still exists.
https://kunate.net/video/espn-sex-japanis-video
coursework in english
coursework history
do my coursework online
Hello, i think that i noticed you visited my site so i
got here to return the favor?.I’m attempting to to find
things to enhance my website!I suppose its good enough
to make use of a few of your concepts!!
porn new
It’s going to be finish of mine day, however before end I
am reading this wonderful paragraph to improve
my experience.
new porno
Pretty part of content. I simply stumbled upon your web site and
in accession capital to assert that I get actually enjoyed account your blog posts.
Any way I will be subscribing on your feeds and even I success
you get admission to persistently quickly.
new sex
Wow, incredible weblog structure! How long have you been running
a blog for? you made running a blog look easy.
The total look of your web site is excellent, let alone the content material!
new xxx
Howdy! Would you mind if I share your blog with my facebook group?
There’s a lot of people that I think would really appreciate your content.
Please let me know. Cheers
hd new porn
I’d like to thank you for the efforts you have put in penning this blog.
I am hoping to see the same high-grade blog posts from
you in the future as well. In fact, your creative writing abilities has motivated me to get my
own, personal website now 😉
new porn
bedava hesap sitesi sana bedava hesaplar verir, eğer sende bedava hesap istiyorsan bedava
hesaplar sitesine girmen gerekir. ücretsiz hesap almak için ücretsiz
hesaplar sitemizden bedava hesab araması yapman lazım.
hesap bedava sitesi senin içindir.
bedava hesap
I just like the valuable info you provide in your articles.
I will bookmark your blog and check once more here regularly.
I’m moderately sure I will be informed a lot of new stuff right right here!
Best of luck for the next!
ahkam mahmak
all inclusive beach resorts cancun
https://www.allaboutcuisines.com/cooking-school-classes/all
cancun resorts club med
https://www.alebiba.pl/?d=user&id=141075
cancun vacation destination scam
https://nolier.com/article/north-goa-vs-south-goa-the-never-ending-dilemma-of-visiting-the-hippest-city-in-2022
motel 6 jack london square
https://1abakan.ru/forum/showthread-41046/
all inclusive adult resorts in cancun
https://1abakan.ru/forum/showthread-41046/
safest cancun resorts
most luxurious hotels in cancun
best hotels for singles in cancun
cancun all.inclusive deals
cancun package
cheap all inclusive vacation cancun
cnacun
all inclusive in cancun adults only
best all inclusive resorts in cancun for adults
best all-inclusive hotels in cancun
top cancun resorts all inclusive
cancun sex resort
excellence riviera cancun excursions
cancun all inclusive family
deals on cancun vacations all inclusive
what to pack for cancun all inclusive 2021
cancun for families
most expensive hotel in cancun
Your writing is perfect and complete. casinocommunity However, I think it will be more wonderful if your post includes additional topics that I am thinking of. I have a lot of posts on my site similar to your topic. Would you like to visit once?
all inclusive in cancun for families
cancun resprt
cacun hotels
water villas cancun
best cancun all-inclusive resorts adults-only
good hotel in cancun
all inclusive resorts in cancun mexico for couples
best all-inclusive family resorts 2022
all-inclusive resorts cancun adults
#cancun
cacun resorts
best timeshares in cancun
That means you’ll see some stylish features and press access to additional channels where you can forward movement visibility, without having to designate sense of some ornate, guide migration process. https://googlec5.com
cialis 40 mg Compared to the absence of endocrine therapy, the use of tamoxifen at V4 was correlated with a significant reduction in AFC p 0
holidays to cancun all inclusive
cheap cancun
cheap all inclusive vacations with airfare to cancun
best cancun packages
royalton chic punta cana
best family resort in cancun
best excellence resort 2021
top rated resorts in cancun
top cancun all inclusive adults only resorts
all inclusive cancun adults only
cancun family suites
mexico cancun vacation
cancun all inclusive with golf
5 star resort in cancun
sex resorts in cancun mexico
cancun all inclusive with swim up rooms
fiesta cancun menu
adults only all inclusive cancun
allinclusive cancun hotel
cheap vacation to cancun all inclusive
nicest resorts cancun
[url=http://www.odnopolchane.net/forum/member.php?u=325352]grand palladium costa mujeres resort & spa – all-inclusive[/url]
hotels in cancun hotel zone all inclusive
five star all inclusive cancun
inclusive resorts in cancun
best cancun resort all inclusive
кисловодск недвижимость купить
отзывы о санатории казахстан в ессентуках
семейный отдых краснодарский край
отдых в пицунде 2021
солнечная ривьера севастополь официальный сайт
поселок холодная речка абхазия
лазаревский краснодарский край
санаторий газпром
👉 $5,000 FREE EXCHANGE BONUSES BELOW 📈 👉 PlaseFuture FREE $3,000 BONUS + 0% Maker Fees 📈 + PROMOCODE FOR NEWS USERS OF THE EXCHANGE 👉 [M0345IHZFN] — 0.01 BTC 👉 site: https://buycrypto.in.net Our site is a secure platform that makes it easy to buy, sell, and store cryptocurrency like Bitcoin, Ethereum, and More. We are available in over 30 countries worldwide.
пансионат чехова ялта официальный сайт
россошь гостиницы
сколько стоит съездить в сочи на неделю
официальный сайт администрации города белокуриха
пансионат искра спа рэдиссон славянская
сочи отдых у моря анапа all inclusive механотерапия ессентуки официальный сайт
санаторий горный крым г ялта отель сокол домбай крым горящие путевки
адлер bridge resort 4 парк отель прага алушта отзывы
гостиница усть ишим туры в ессентуки из москвы санатории анапы на пионерском проспекте
гранд отель прибой сочи гостиница бостон улан удэ гостиницы орск
рэдиссон сас сочи отели все включено краснодарский край
спа отель синдика нальчик официальный сайт пансионаты в оленевке крым с питанием отель дипломат
имера витязево официальный сайт санаторий сердечно сосудистые заболевания кисловодск санаторий нептун анапа отзывы
гостиница березка ужур гостиница пилигрим нижний новгород
тюменский тракт 10 сургут санатории белоруссии на карте белоруссии по областям морской прибой это
отель бастион в судаке эко алтика горный алтай пятигорск санаторий машук официальный сайт
гостиницы курган воронеж гостиницы недорогие
отель грейс кипарис нижний новгород отели с бассейном джузеппе казань
amaks новая истра гостиница маяк москва где можно отдохнуть в анапе недорого
пансионат горный воздух лоо отзывы отель сочи бриз отзывы
курорты пятигорска с лечением пицунда литфонд отзывы димитрова кисловодск
пансионат солнышко адлер на карте отель днепр евпатория хостел касл челябинск
гостиницы для отдыха отели в терсколе приэльбрусье
сосновый берег ольгинка базы отдыха феодосия подобрать отель
меркюр сочи центр официальный сайт хостел красноярска абхазия пансионат мюссера
бассейн южное взморье арк хостел санкт петербург
путевка в сочи на 10 дней эко отель мирали приморка отдых на море
ханты мансийск хостелы хостелы в калуге санаторий мисхор крым на карте
толстый кот тула гостиница медведь тара
кизнер санаторий хостелы иркутска недорогие в центре гостиница жемчужина губкинский
санаторий профилакторий металлург санаторий вершина отели белокурихи цены на 2021 год посмотреть
гостиницы нового уренгоя санаторий под самарой
лоо отзывы ножные вихревые ванны жк версаль сочи отзывы
каскадная лестница в кисловодске смотреть путевки дешевые пансионаты в подмосковье
бридж резорт туроператор по подмосковью
ялта отель в горах с бассейном нео гостиница туры цены 2021 на двоих
кабардинка 3 отдых в геленджике все включено с бассейном чучкалова ульяновская область официальный сайт
где отдохнуть на алтае летом отели в сухуми абхазия цены все включено
енисейск гостиница работа в гаграх вакансии синегорье юрюзань гостиница
пансионат малахит отзывы каргасок гостиницы отель мфк горный
абхазия сухуми отдых лор ессентуки
россия санаторий рф санаторий с лечением сердечно сосудистой системы купить тур в гранд отель жемчужина сочи
база отдыха приморская новомихайловский автомобилист нижний новгород официальный сайт пансионат солнечная долина
питер отель адмиралтейская гостиница аэрополис хабаровск
отель беларусь в сочи отели подбор санаторий имени кирова
гостиницы нижнеудинск пакетный тур в сочи евпатория караимские кенасы
Hello2. And Bye2.