Congress was Right to Ring in the New Year by Ending Wind Subsidies

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George Landrith, President of Frontiers of Freedom, commended Congress for allowing the decades-old practice of wasting billions of taxpayer dollars subsidizing the wind industry to expire with the New Year.

Landrith remarked:

“2013’s end marked the expiration of the investment and production tax credits for the wind industry. As we ring in the New Year, Congress took advantage of this opportunity and permanently ended these wasteful tax credits. These subsidies did nothing but hide the true costs of these projects, subsidized corporate rent seekers, and dramatically increased the cost of electricity for taxpayers.” [Read more…]