“Whenever subsidies or mandates are lowered, interrupted, or ended, then investment in renewable energy projects disappears. The same thing has happened repeatedly in the US when federal tax credits for wind and solar power have lapsed.  The reason is obvious: despite decades of promises that these technologies will soon be commercially viable, they still cannot compete in the market against conventional sources of electricity.”

Myron Ebell, director of the Center for Energy and Environment, Competitive Enterprise Institute