Are renewable energy costs declining?
Some renewable energy costs are declining. Proponents of a renewables mandate often cite wind power’s 80 percent reduction in costs over the past 17 years. Yet Energy Information Administration (EIA) figures show that, even with current high federal and state subsidies in place, renewable energy costs at least three times as much as conventional energy sources. Subsidies for Renewables What federal subsidies are available for renewables, and how do those subsidies compare with subsidies given to conventional fuels?
