Nice article. It's important to note all energy is subsidized. Oil and gas have had a secure stream of revenue simply from being embedded into the tax code, where wind's incentives have wavered and caused disruption in the industry's confidence and therefore development. Just last month, the State of Ohio pledged $30 million to "clean coal" research.
This report breaks down subsidies by energy sector. Oil has received $369 billion from subsidies and renewables $74 billion since 1950 alone. The "achievement gap" is immense and has stifled the possible growth.
September 10, 2012 at 12:20 p.m.