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Tim Carney: As subsidies shrink, investors flee green energy

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I think wind energy, solar energy, and biofuel generation are all great ideas, but I don’t think taxpayers or utility-customers should be forced to subsidize them through mandates, loan guarantees, or special tax credits. And, it seems, you can’t have one without the other. In a less subsidized market, renewables can’t compete with oil, gas, and coal. Bloomberg reports that venture...