While we at the Heartland Institute do not believe any energy sources should be subsidized, if the federal government is going to support energy, it should support sources that are reliable and dispatchable.With that in mind, it is absolutely insane that Uncle Sam gives billions in tax credits to wind and solar projects when this sort of funding could go towards more effective, energy dense, dispatchable sources. The so-called “Inflation Reduction Act” continues this madness; one analysis found that under the bill, wind and solar will receive an additional $113 billion in tax credits by 2031. By comparison, the bill...
