If we keep subsidizing wind, will the cost of wind energy go down?
August 6, 2017
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.)
(THE CONVERSATION) There are high hopes for renewable energy to help society by providing a more stable climate, better energy security and less pollution. Government actions reflect these hopes through policies to promote renewable energy. In the U.S. since 1992 there’s been a federal subsidy to promote wind energy, and many states require electricity utilities to use some renewable energy.
But when is the right time to stop government support for an energy technology?