Economics Summary

There are two general aspects to the economic costs of wind energy – the micro aspect of how much wind energy costs, and the macro aspect of what effects higher energy costs have upon the country as a whole. As with most economic topics there’s lots of room for differences of opinions. Sadly, those opinions tend to be more determined by self-interest than any rational thought. One thing is for sure – wind energy is several times more expensive than conventional energy. Anyone who says it is cheaper is flat-out lying to you. Games can get played about who the burden falls upon, but somebody has to pay the extra fare. Given our reliance on cheap energy to support our life-style, the effect of this price rise will be widespread, but in ways that are probably not fully predictable.

References

Leave a Reply

Your email address will not be published. Required fields are marked *