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Alternative Energy Subsidies


If there’s one thing more frustrating to environmentalists than the reluctance of the government to subsidize clean energy production, I don’t know what it is. Not only is it central to any reasonable plan for fighting climate change, but it just makes sense on so many levels. Subsidies have brought the prices of renewables nearly to that of dirty energy and it is falling all the time. And of course, the government subsidizes the heck out of fossil fuel production in ways both direct and indirect. The federal government made its decision to go all the way with the fossil fuel industry in the 1950s (if not before) and that might have made sense at the time. That it doesn’t see the future today and continues to favor dirty energy over clean hugely hampers America’s future. Future leading nations will have access to renewable energy and affordable prices with governments building connections between industry and itself to press for national growth. The U.S. remains stuck on an antiquated model.

On top of that, it continually amazes me that petroleum companies don’t rethink themselves energy companies and get behind renewables with all their capital. Money is money. Renewables are the future. Make them profitable. Does it really matter whether you are burning fossils or channeling the sun’s energy? Some oil people like T. Boone Pickens get this. Most do not. Insane for future corporate bottom lines, the future of people on this planet, and our national interest.

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