Jerry Taylor Economic Quotations

If those technologies have economic merit, no subsidy is necessary.

If those technologies have economic merit, no subsidy is necessary. If they don't, no subsidy will provide it. Those subsidies have failed to produce economic energy in the past, and there is little reason to expect that they will do so in the future.

Renewable power mandates merely accentuate the inefficiency and cost premiums attached to so-called renewable power sources. If renewable power saved consumers money, created jobs, or carried any of the other economic benefits so frequently claimed by environmental activists, then government would not have to pass a law to force power companies to purchase it or consumers to buy it.

It had the effect that any economist would have told you. To believe the laws of economic gravity have changed over time is wrong.

We seem to have economic amnesia. Decisions about what sort of technologies to invest in, what fuels to produce and in what quantity are best made by consumers and business, and not by politicians.

As far as the new subsidies for coal, wind, solar, nuclear and ethanol are concerned, if those technologies have economic merit, no subsidy is necessary. If they don't, then no subsidy will provide it.