Applauded by many governments around the world as one of the cleanest initiatives for the generation of energy, the wind industry is also one of the most expensive and heavily subsidized, compared with other power generation alternatives. Ryan M. Yonk, Research Fellow at the Independent Institute, presents interesting and little-known facts, which demystify wind power's efficiency, cost, and benefits for the environment.
CONTENT OF THIS VIDEO:
03:45 Federal Policies on Energy Subsidies
10:05 Federal Wind-Related Initiatives
12:05 Production Tax Credit
15:53 Cost of the Wind after Federal Policies
17:25 State Policies: Renewable Portfolio Standards
22:26 Total Costs
24:58 Social and Environmental Costs
27:38 Policy Implications
The True Cost of Energy: Wind | Read the full report here:
About Ryan M. Yonk:
Ryan M. Yonk is Research Fellow at the Independent Institute, Research Director for the Center for Public Lands and Rural Economics in the Department of Economics at Utah State University, and Assistant Professor of Political Science at Southern Utah University. He received his PhD in political science from Georgia State University.
More information about Ryan M. Yonk http://www.independent.org/aboutus/pe...
The Challenge of Liberty Seminars introduce college-age students to the ethical and economic principles of free societies, which they will find essential for the understanding, appreciation, and readiness for real world issues they will face.
More information about Student Seminars: http://www.independent.org/seminars/
INDEPENDENT INSTITUTE LINKS APP: https://itunes.apple.com/us/app/mygov...
There is another cost being silently recognised in Germany relating to the effect of cutting down millions of acres of trees necessary to improve the efficiency of wind farms across the countryside. The side effect, apart from destroying the oxygen producing trees that are also important habitats for fauna, is that there is a profound effect on rainfall, which is directly connected to terpenes and transpiration. Take away the trees and you take away the rain... amongst many other things. The stupidity is simply immeasurable.
Where I live in Hawaii about 20 wind turbines were erected on the side of West Maui Mountain. I thought that I would see a decrease in my electric bill. But I was wrong. What we get is an electric bill with a wind surcharge added to it causing my electric bill to rise.
Great presentation. It confirms what I thought about wind. It is expensive, and that cost is understated. Also of course it is a great bird killer, approximately 300,000 birds per year in the U.S. The costs are not all seen in the utility bill but a lot is. Much of the bill is lets face it in our deficit. The wind is reliable I suppose, the fact is though, wind machines in best case scenarios only run 40% of the time at high cost.
Socialism is coming though the backdoor of renewable Energy. Their lobbyists fight against the research on nuclear fusion and the media is in their pockets.