'An even better way to tell the story is by how much taxpayer money is dispensed per unit of energy, so the costs are standardized. For electricity generation, the EIA concludes that solar energy is subsidized to the tune of $24.34 per megawatt hour, wind $23.37 and "clean coal" $29.81. By contrast, normal coal receives 44 cents, natural gas a mere quarter, hydroelectric about 67 cents and nuclear power $1.59.'
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Follow the money.
'An even better way to tell the story is by how much taxpayer money is dispensed per unit of energy, so the costs are standardized. For electricity generation, the EIA concludes that solar energy is subsidized to the tune of $24.34 per megawatt hour, wind $23.37 and "clean coal" $29.81. By contrast, normal coal receives 44 cents, natural gas a mere quarter, hydroelectric about 67 cents and nuclear power $1.59.'
SOURCE: http://online.wsj.com/article/SB121055427930584069.html?mod=opinion_main_review_and_outlooks
Next time someone tells you it isn't the money think again. It's always the money.
The size of the industry matters. Compare the market share of oil to the market share of solar. 44 cents means alot more for an oil company.
you are totally right.... its always about the money even if they say it is not.