QuoteThe Coal Bailout Nobody is Talking About The latest results suggest that, across the four coal-heavy energy markets, coal-fired power plants incurred $4.6 billion in market losses over the past 3 years or $1.5 billion dollars in market losses each year. Most of these “losses” were incurred by power plants owned by monopoly utilities and are not absorbed by the investors or owners. Rather, those costs were likely covered by customers. Consequently, I estimate this practice places a least a $1 billion burden on utility ratepayers each year."
That's correct, unfortunately "renewables" consume dollars of tax payers even faster. "Renewables" already collects 93% of federal energy subsidies which were whooping $7.047 billion in fiscal year 2016, i.e. more than ten times more than fossil fuels subsidizes and one hundred times more than let say for education! And these subsidies don’t include state or local subsidies, mandates or incentives.
Energy subsidies from the federal government (in billions of 2018 U.S. dollars).