Wind energy accounts for less than 5 percent of America’s electricity usage, but other than hydroelectric dams, it’s the biggest source of renewable energy, accounting for 23 percent of new power production from last year.
From Mother Jones:
Some experts think wind could provide a fifth of the world’s energy by 2030. But wind in the US is always in a perilous position, thanks to its heavy reliance on a federal tax credit that is routinely attacked in Congress; the subsidy was allowed to expire at the end of last year, and its ultimate fate remains unclear.
Fortunately, wind won’t be subject to the whims of legislators for much longer, according to a new analysis from the Energy Department. The new report found that within a decade, wind will be cost-competitive with fossil fuels like natural gas, even without a federal tax incentive.
“Wind offers a power resource that’s already the most competitive option in many parts of the nation,” Lynn Orr, under secretary for science and energy at the Energy Department, said during a conference call with reporters. “With continued commitment, wind can be the cheapest, cleanest power option in all 50 states by 2050.”
If slowing climate change is the goal, then that is one way to implement it. Research shows that harnessing this resource could lead to billions on revenue, along with lower pollution and reduced electric bills.