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Wind Mills May Be the Worst Federal “Investment” in History

One of Biden’s bigger fibs was when he declared last November: “Folks, it’s also now cheaper to generate electricity from wind and solar than it is from coal and oil. “Literally cheaper. Not a joke.”

Right. It’s so economical that Biden created a $380 billion taxpayer-financed Green New Deal slush fund for wind and solar.

Remarkably, even with this tsunami of tax dollars, the industry is in big trouble.

Last week, shares of Orsted, the world’s largest offshore wind farm developer, crashed 25 percent after CEO Mads Nipper warned investors: “The situation in U.S. offshore wind is severe.”

Why? Thanks to supply chain blockages, the price of wind turbines has increased 40 percent over the last two years, and the industry is now saying it needs even more billions of tax dollars to survive.

Unleash Prosperity Hotline


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