There are turkeys and there are turkeys...
Have you thought about your tax dollars that go to pay for the health and environmental damages caused by burning coal? Burning coal drives up British health care costs.
If you're living in the US are you thinking about the hundreds of millions of tax dollars we spend each day due to the harmful aspects of coal? About how you or your employer are paying more for health insurance because of coal?
How about the tax dollars that you're contributing to American's oil wars? Close to a billion dollars a day.
What we spend right now to help mature renewable technology is an investment. We've subsidized wind for the last 30 years and now it's become one of our two cheapest new generation technologies. We just started subsidizing solar and the price is plummeting.
These are investments in our future. A future of truly inexpensive electricity.
Right now large array solar in a sunny location produces electricity for $0.154 over the 20 years the loan is being paid. But those panels will continue pumping out power for many more decades. Once the panels are paid off your electricity will cost you about $0.01/kWh.
And in a few years the 'first 20 years' of solar should drop below $0.10/kWh and work its way toward $0.05/kWh.
The same holds for wind turbines. While they are being paid off they are generating power at about $0.05/kWh. After payoff they should crank out power for another 20 years or so at something more like $0.02/kWh.
And the money you are now paying to subsidize coal will disappear.
Successful business people understand the wisdom of smart investments. Subsidies to create inexpensive solar is an outstanding investment.
