In an Aug. 23 front-page column, Sean Gonsalves claims Cape Cod Community College's recent decision to install solar panels and wind turbines validates both the stimulus bill and the green energy jobs program. He is wrong on both counts.
Renewable energy is expensive. Onshore wind power costs at least three times as much as electricity produced from natural gas. Offshore wind costs six times more, and solar 10 times more. Renewables are forced into the marketplace by a complex web of
federal and state subsidies that hide their true cost. The federal tax credits mentioned in the article are one subsidy; others include renewable energy standards, net metering, federal loans to manufacturers, production tax credits and local property tax relief, all of which disguise the true cost of renewable energy.
Read the full op-ed