Offshore wind relies on government support to develop into a commercially viable technology. In Britain, the industry is seen as one of the main renewable energy sources to help meet emission-reduction targets. “Subsidy policies, as well as being a means of delivering carbon reduction targets, are viewed by governments as a foundation on which offshore…

Since its inception more than 50 years ago, the U.S. nuclear power industry has been propped up by a generous array of government subsidies that have supported its development and operations. Subsidies are enugh to cut $0.07/kWh off power costs. Most conventional power costs $0.05 to $0.06/kWh to produce. Despite the support, the industry is…