Money quote:
"One issue before Congress right now is the extension of the $0.022/kilowatt-hour subsidy for wind power, which costs taxpayers about $3.5 billion/year. With natural gas selling at the equivalent of oil at $14/bbl, here’s how we deliver the same results as wind power, but at half the cost to taxpayers.
First, we end the subsidies. This will stop new wind turbines from being built, and, over time, cause all of the existing ones to shut down. Second, we allow the free market to replace the electricity obtained from wind energy with power produced by burning cheap natural gas. Third, we hire 17,500 unemployed veterans at $100,000/year each, and put them to work as snipers to kill the 400,000 birds (including 70 golden eagles) that are now hacked to death each year by wind turbines. Voila, the same results as wind power, and a savings of $1.75 billion/year for the taxpayers."
Given that it is the value of the dollar that is the principal driver of gasoline prices, Obama’s speech on energy was as clueless as it was contemptuous. Can America do better? Yes, we can!