Report: Wind subsidies transfer wealth from taxpayers to companies


Taxpayers gave $18.6 billion to wind power producers since 2005, with most states paying more in taxes for wind subsidies than wind power producers in those states are receiving, a new study shows.

The Institute for Energy Research, a pro-fossil fuel group, released a report estimating wind power's cost and benefit to each state through federal tax credits and government programs. The report found 30 states and the District of Columbia are subsidizing wind power producers in the wind-swept states that benefit from government subsidies.

However, the report argues the losses are spread out among all federal taxpayers because the companies that produce wind power are the ones receiving the subsidies.