The Wall Street Journal (subscription needed to read the entire article)
The latest scheme to subsidize solar and wind power to the detriment of rate payers.http://online.wsj.com/article/SB10001424052702304772804575558400606672006.html
How would you like to pay higher utility bills to finance expensive electricity from solar and wind power, which you would never use? That's the issue now before the Federal Energy Regulatory Commission (FERC), and it deserves more public and political scrutiny before it becomes a reality.
FERC has a draft rule that could effectively socialize the costs of paying for multi-billion dollar transmission lines to connect remote wind and solar projects to the nation's electric power grid. If FERC rules in favor of Big Wind and Big Solar, the new policy would add billions of dollars onto the utility . . .
