The cost of going green

Texans will pay out $12.9 billion to subsidize renewable energy sources over the 10 years ending in 2015 $530 for every resident of the state.
stimulus: $1.65 billion renewable energy credits: $567.7 million

wind farms: $6.6 billion

federal production tax credits: $4.1 billion

Despite the subsidies, green power cant compete on price with traditional sources.
Austin Energy price per Kwh, in cents 6 5 4 3 2 1 GreenChoice normal rate rate

Price matters. Americans are keen on renewable energy ... support increased $ for research and percent development of renewable energy sources support tax cuts for companies percent to develop renewable energy technologies ... Until it hits their pocketbook.

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68.3 oppose increasing the price of gas percent to encourage energy savings
- Mark Lisheron, Lee Ann ONeal www.texaswatchdog.org Sources: Texas A&M Energy Institute, Bush School of Government and Public Service, Texas Public Policy Foundation, Electric Power Research Institute