Applauded by many governments around the world as one of the cleanest initiatives for the generation of energy, the wind industry is also one of the most expensive and heavily subsidized, compared with other power generation alternatives. Ryan M. Yonk, Research Fellow at the Independent Institute, presents interesting and little-known facts, which demystify wind power’s efficiency, cost, and benefits for the environment. CONTENT OF THIS VIDEO: 00:00 Opening 00:10 History of Energy Policy 00:40 The True Cost of Wind 03:45 Federal Policies on Energy Subsidies 10:05 Federal Wind-Related Initiatives 12:05 Production Tax Credit 15:53 Cost of the Wind after Federal Policies 17:25 State Policies: Renewable Portfolio Standards 22:26 Total Costs 24:58 Social and Environmental Costs 27:38 Policy Implications 29:35 Closing