As the White House considers curtailing subsidies to traditional domestic energy suppliers, its support of alternative energy has soared.
A new report from the Department of Energy shows that subsidies to the solar and wind industries skyrocketed 626 and 946 percent, respectively, between 2007 and 2010. Total subsidies to these industries rose from $5.1 billion to $14.67 billion in that period, reports CNSNews.com.
In April, President Barack Obama reiterated his call for an end to subsidies
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