Tag Archives: wind power

How Much Do Renewables Actually Depend on Tax Breaks?

A wind farm in Texas, which leads the U.S. in wind energy production. The U.S. produces more megawatt hours of wind energy than any other nation. Photo: U.S. Department of Commerce

(First published on March 16, 2018, on State of the Planet.)

Wind and solar energy production are growing faster in the United States than any other source of electricity, and falling prices are making them more competitive with fossil fuel-driven electricity. Meanwhile, natural gas has surpassed coal as the prime fuel for power plants. Those trends helped drive down U.S. greenhouse gas emissions in 2017 to their lowest level since 1991, according to a report for the Business Council on Sustainable Energy.

That’s good news for anyone concerned about climate change. The shift to renewable energy is a key part of the global effort to reduce emissions of carbon dioxide and other earth-warming gases and slow down climate change by reducing our dependence on fossil fuels. But critics argue that this growth wouldn’t be possible without financial support from the government. How much do renewables actually need tax breaks and other subsides?

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Filed under Climate, Sustainable development