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Energy Gone with the Wind
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The Manhattan Institute’s Robert Bryce on the subsidies given to the wind industry and its lack of success.
- Duration 3:29
- Date Oct 2, 2012
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The Manhattan Institute’s Robert Bryce on the subsidies given to the wind industry and its lack of success.
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Our next assets the wind industry is one of the most favored industries in United States.
It gets government subsidies -- -- breaks from complies with environmental laws and despite all that.
-- lost 101000 jobs in the past few years.
Joining us now is Robert Bryce he's would be Manhattan institute he's the all all but power hungry he's our guy on the wind.
Proof of Bonnie and companies are Robert walker of the program hi thanks for having the -- won't go through this point by point -- -- want want subsidies.
Does the wind industry get subsidies.
Sure -- at -- federal level on the one that is really at that issue now is the production tax credit 2.2 cents per kilowatt hour of electricity produced a lot.
Well it is a lot because in some markets now that subsidy actually exceeds the market price.
Of -- -- electricity being produced by other generators and show in some markets now and then I'm I -- in Texas.
The the wind energy business is actually bidding and negative prices they're paying took to put their electricity.
Into the grid so that they can collect the production -- so president's top kilowatt -- much greater than any other form of antigen.
And accurate and and whatever and the report that I've releasing today would Manhattan institute shows that that -- the the subsidies for the wind industry are at least twelve times that.
-- which is given to the oil and gas industry on a per unit of energy produced six and a half times had given a nuclear next want the preferences that they get the winds around environmental laws briefly what's -- -- well this is the part that just chaps my hide Steward and I've been writing -- -- -- his side -- I've been writing about this issue of bird kills migratory bird treaty act violations since the late 1980s.
First stories -- published a national magazines were on this issue.
-- oil and gas industry was being prosecuted in Texas Oklahoma New Mexico because they had -- oil pits and they were killing birds.
The US fish -- -- wildlife service brought more than 200 cases against the industry at that time.
Today the Fish and Wildlife Service estimates the wind industry is killing 440000.
Birds a year and there has not been a single prosecution.
Of the industry either under migratory bird treaty act or legal protection act that -- a preference and environmental education act and it'd take pernicious double standard and I think it is it is it is it is it's outrageous.
So I -- -- ask about disorder president did last week when he that would allow the Chinese company to buy those for wind farm right.
I thought that was absolutely amazing I mean we're actually gonna go to war with China.
Over solar and wind when there's so many of the larger issues and he is that the you talk about this are going to.
Tell them what if that's amazing though that -- This first -- -- -- stop until like this and I want to do is remarkably -- there -- we have a free -- we don't know what's happening with the -- business -- you have substance -- mandates -- 29 states covering 200 approximate 200 million people.
Are now subject to mandates where they're forced to buy renewable her.
Unlike other wind sector believes in free markets for everyone else but themselves which it feels like right I'd like pressure.
On those stop my right to say that the wind industry lost 101000 jobs in the past few that accurate.
I don't know that figure for sure but the one that's it at that that issue now on the one that the the the the Department of Energy is promoting is that the with the wind industries line -- If the production tax credit is not extended.
37000 jobs we lost well if you do the simple man.
And -- is a joint committee on taxation data.
Saving just.
329000.
Dollars each all right Robert Bryce you know the wind industry -- -- we're glad you're chatting with a spectrum from -- -- appreciate -- --