Jonathan Garber, FOXBusiness
May 7, 2021
This article argues that electricity prices are already going up because of the wasteful, duplicative solar and wind on our grid.
This article argues that electricity prices are already going up because of the wasteful, duplicative solar and wind on our grid. Biden has promised to achieve a net-zero electricity grid by 2035 and a net-zero economy by 2050. Biden's new plans are designed to get coal-fired and natural gas-fired electricity prices high enough that then solar and wind become competitive.
However, electricity prices are already going up because of the solar and wind on our grid, according to Alex Epstein, founder and president of the Center for Industrial Progress. Because solar and wind are unreliable energy sources and don't replace power plants on the grid their costs are not replacement costs and are instead additional costs. Mining for materials and solar panels requires oil and forging the different components of solar panels and wind turbines use coal.
As such, the cost of clean and renewable energy generation is high. The plan to convert all energy into clean and renewable energy is not responsible for the burden of electricity bills for the common people. In order to reach the goals of the Paris Climate Agreement, a transition to renewable energy is necessary.
However, it is also a matter of considering the increase in electricity bills that will have to be borne by it.