Now that Congress is back in session, and working on yet another energy package, Big Wind, Big Sun, and Big Bio are lining up at the trough for more federal handouts, to be paid with higher taxes on Big Oil, according to this Associated Press report. This really means that the "renewable" subsidies come courtesy of gasoline users like you and me, since oil and gas companies don't eat these costs, but pass them on to consumers in the form of higher prices.
Some folks argue that because Big Oil benefits from subsidies of one form or another (depending on how one defines the term), it's only fair that these "cleaner" alternatives get government handouts as well. But instead of compounding our energy policy errors, I would argue that we should eliminate all energy subsidies, across the board, to "old" and "new" energy companies alike, and let the best energy options prevail, responding to market forces and consumer choice.
There's no more virtue in giving corporate welfare to Big Wind or Big Sun than in giving it to Big Oil. In either case, the "Bigs" make out like bandits while the consumers and taxpayers get screwed.