Image: COP28 President Declares ‘No Science’ in Demands for End to Fossil Fuel Use
Related: John Kerry Calls Himself a ‘Militant’ and Demands End to Coal Plants ‘Anywhere in the World’
When corrupt (and stupid) people steals power mostly for the sake of power and, of course to enrich themselves and their cronies you should not expect much progress of any kind, but a lot of insane ideas that only further their own interests.
The climate FRAUD and “Green” energy are two examples of typical leftist stupidity.
R. J. L.
By Stop these things
Finding the numbers that establish the true and insane cost of subsidised wind and solar is like a game of hide and seek. Buried in a sea of complexity and industry mumbo-jumbo, the way power prices are set is part myth and part mystery.
Myth and mystery that allows wind and solar rent-seekers to only tell us that half of the story that supports wild claims about wind and solar being practically free and getting cheaper all the time.
The reality is, oh so different, as Kevin Kilty explains below.
Until about a year ago, I thought about public utility regulation as too boring, too far outside my education, and unrelated to my interests and experience to bother with. I was wrong.
What prompted my change of view was recognizing that a frontline in the war, if you will, to remake the electric grid will take place not in arguments about the reality of climate change, but when utilities decide to change the way they generate electrical energy and pay for these changes. The permission to make these changes, and how the ratepayer gets hit afterward, are decided in the public service commissions which by law have to make their deliberations substantially transparent to the public. In particular permission for changes are gained in hearings of public necessity and convenience; how the ratepayer gets hit is decided in rate cases. I plan to examine only rate setting in this brief essay.
My principal goal is this. Many of us are pretty certain that pouring more renewable energy into a network makes delivered energy more expensive and less reliable. We often point to a graph that shows costs rising with percent renewable contributions to generating capacity. Yet, our antagonists claim that adding energy from renewables should, and in fact does, reduce utility costs. They have data, too. We strengthen our case by demonstrating specific reasons, or lack thereof, for rising utility bills. The rate setting process ought to make those reasons visible.
I also suspect most people know little about rate setting and are unaware about its complexity. It’s important to understand this bit of the order of battle.
