Taking Back Renewable Energy’s Taxpayer-Funded Honeypot
By Merrill Matthews
The renewable energy industry exists because of government mandates and taxpayer subsidies.
Mega-investor Warren Buffet echoed this statement in his explanation of why his company, Berkshire Hathaway, invests in wind energy: “For example, on wind energy, we get a tax credit if we build a lot of wind farms. That’s the only reason to build them. They don’t make sense without the tax credit.”