One reader sent us a comment about what should be included when calculating the cost of generating electricity.
Issues: subsidies
Does Wind ‘Work’ Without Subsidies?
President Donald Trump has repeatedly questioned the economics of wind energy, saying that wind “doesn’t work” without subsidies. Experts have differing assessments of that. By some metrics, wind power is already competitive with fossil fuels without subsidies. But other measures don’t come to the same conclusion.
Subsidies, Not Bailouts
President Donald Trump said “bailouts for insurance companies” would “end very soon” if Congress didn’t pass a new health care bill. Sen. Susan Collins said the payments aren’t a bailout, “but rather help people who are very low-income afford their out-of-pocket costs.” Trump distorts the facts.
Farm Bill Funds Distribution
Q: In the farm bill, how much money goes to direct subsidies for farmers, what percentage goes to higher income farmers and how much is allotted for feeding the poor?
A: About $26 billion will be spent on direct payments to farmers over the next five years. We can't give a figure for exactly how much will go to "upper income" farmers, but the income limits are set quite high.