The Washington Post Discovers the Problems with Energy Subsidies

The Washington Post Discovers the Problems with Energy Subsidies.
Institute for Energy Research, Jun 24, 2009


From the Washington Post editors:

"Uncertainties abound: What if the costs of clean coal don’t come down enough to make it economical relative to other measures? If clean coal turns out to be less than its advocates envision, can Congress ever work up the political will to kill the subsidy program? Subsidies are set to phase out after 10 years of paying for operating costs, but won’t powerful coal-state lawmakers fight to keep them going? And even if it does work, won’t members of Congress insist that big carbon repositories not be located in their districts?"