On Friday, The Wall Street Journal published an article by Gordon Hughes that (somewhat rhetorically) asked this titular question: “Why Is New York Paying So Much for Wind Power?”
Hughes called the reader’s attention to the revelation that the state of New York had entered into a contract with two wind energy companies, an agreement that will quadruple the cost of energy for the consumer—and that’s including three billion in taxpayer dollars to offset the final price per megawatt-hour—which is “far above the break-even cost of generating electricity.”
