Reuters recycles the myth of cheap renewable power
Author’s note: Reuters’ warning that ending wind and solar subsidies will raise electricity prices is the latest version of a familiar argument. WindAction challenged it when the wind industry used it to defend the Production Tax Credit in 2012 in Wind Energy Without the PTC and again in the 2014 essay AWEA Spins Price Distortions to Save PTC. Fourteen years later, Reuters is extending the same subsidy defense to wind and solar—and WindAction is setting the record straight.
Once again, a major media outlet is laundering the renewable-energy industry’s sales pitch through the authority of its news brand.
In a Reuters commentary titled “Killing wind and solar subsidies will make US electricity more expensive,” the author argues that phasing out federal wind and solar tax credits will raise prices, weaken reliability, and leave the United States unable to meet rising demand.…
The post Reuters recycles the myth of cheap renewable power appeared first on Master Resource.
Source: https://www.masterresource.org/uncategorized/reuters-recycles-the-myth-of-cheap-renewable-power/
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