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encourage Congressional efforts to limit federal subsidies of alternative energy projects.

Created by E.S. on May 22, 2013

There are a number of problems inherent in the process of subsidizing alternative energy; The most significant is the sector’s dependence on these funds. After decades of receiving federal money, technologies such as wind energy are still not economically viable on the free market. Subsidies encourage alternative energy companies to compete for short-term projects using existing technology, as these promise the lowest risk and the most government payouts. This does not encourage the innovation and research needed to make alternative energy technologies strong competitors in the future; Rather, it detracts from this goal by making dependence the more profitable route to profit. Supporting a bill that would limit federal alternative energy subsidies would be a step in the right direction.

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