Well this wasn’t the way things were supposed to go in the great “green energy transition.” CNBC reports:
GE’s renewable energy business has been hit with rising input costs, supply chain issues, and foreign competition. CNBC quotes energy analysts who say: “It’s been difficult to make wind energy a cost-effective option.”
Now they tell us. That’s an amazing admission given the hundreds of billions of dollars of taxpayer subsidies and tax credits flowing their way under Biden.