“wind energy production, currently employing over 1.16 million people worldwide, although only growing by 1% since 2017.”
According to a recent article by Committee For A Constructive Tomorrow (CFACT) “constructing a two-megawatt wind turbine requires about 260 tons of steel which, in turn, requires about 300 tons of iron ore processed by about 170 tons of coking coal which is transported by fossil fuel. It will never generate as much energy payback during its short 15-year or less operating lifetime as was invested in building it.” Most wind generators average 10–15 % of their rated capacity and in the U.S. the best locations for sustaining winds are already utilized. The federal production tax credit (PTC) for wind energy producers has cost the U.S. government billions of dollars in revenues, distorted energy markets, and benefited just a few large corporations, a new study reports. Fortunately, it is scheduled for phase out in 2019 but even so companies will continue to receive tax credits per kilowatt-hour generated thru 2029.
Intermittent power generating sources such as wind and solar require a back-up generating source. The federal government picked a loser in subsidizing wind power and as usual tax payers bear the financial consequences.