A new report found that California’s energy policies will raise state power rates and associated costs by nearly 33 percent due to a mandate that requires 33 percent of its power come from renewable sources, like wind, solar and geothermal.
Those Green Jobs they are a-coming, just round this hill, that dell and this bankruptcy. You don't need to be Phil Mickelson or Tiger Woods to need a reason to get out of California. Not when Powermageddon is coming.
California has been a leader in renewable energy production, in part due to federal and state level policies that provide incentives for producers of renewable power. However, a new report found that California’s energy policies will raise state power rates and associated costs by nearly 33 percent.
The report by the free-market Pacific Research Institute specifically focuses on the additional costs imposed by a state mandate that requires 33 percent of its power come from renewable sources, like wind, solar and geothermal by 2020.
The mandate represents an implicit 27 percent tax on power generation in the state due to the “the forced substitution of expensive power in place of cheaper electricity, particularly in terms of transmission, backup, and generation costs.”
But it's a small price to pay for a whole lot of windmills that generate uneven power and kill golden eagles, thereby killing the economy and eagles with one law.
Who says California is run by incompetent idiots who couldn't get jobs sweeping out the trash bins at a Burger King? It's run by 100 percent natural Zen Fascists who couldn't get a job at Burger King, but can get a job running the state.