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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (15408)	4/22/2012 8:43:07 PM
From: Brian Sullivan	Read Replies (1) \| Respond to of 85487

Yes it does compare the subsidies or tax benefits per megawatt: Today, each solar-energy megawatt is produced with a stunning $776 in investment- and production-tax credits. For wind power, it’s $56 a megawatt. That’s a huge public expenditure for not much energy production. The tax incentives for fossil fuels amount to a mere 64 cents per megawatt. Thus Solar gets a tax subsidy of $776 per megawatt Wind power gets a tax subsidy of $56 per megawatt and Fossil Fuels gets $0.64 per megawatt That $0.64 is what Obama is proposing to eliminate somehow.