“Basically just a set of welfare programs…”
That’s the perfect distillation from Cal State Fullerton economist Robert Michaels in this Reason.TV video about the subsidies and mandates for renewable energy, especially wind power.
Remember Martin O’Malley has set out to make Maryland the California of the east. California is a progressive state at war with itself. O’Malley’s offshore wind proposal–like his making Maryland a signatory to RGGI, his increase of Maryland’s RPS mandate, and his solar RPS carve out–is a corporate welfare boondoggle, the costs of which will be borne by the ratepayers.