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Bernie's climate play: A federal takeover of electricity production. Sanders wants federally owned utilities to build massive amounts of wind and solar to compete with private generators
Politico ^ | February 2, 2020 | Gavin Bade

Posted on 02/02/2020 5:58:30 AM PST by karpov

Sen. Bernie Sanders has put nationalizing health insurance at the center of his presidential campaign, but his proposal to fight climate change also calls for a government takeover of a fundamental segment of the economy — electricity production.

Sanders has laid out a $16 trillion climate change plan that would transition U.S. electricity generation away from fossil fuels to renewable resources like wind, solar and hydropower by 2030. That’s far faster than any other Democratic candidate's target and sets a pace that rivals like former Vice President Joe Biden say is unrealistic.

And like Sanders' healthcare plan, the green energy push would muscle many of the country's biggest companies out of the business.

A Sanders administration would pour funding into the four existing "power marketing administrations" that are overseen by the Energy Department, as well as the Tennessee Valley Authority and one newly created entity, to vastly expand their solar, wind and geothermal power production. Those organizations currently provide power from hydroelectric dams to 33 states, and would be able to sell the increased green energy to local utilities nationwide — creating a sort of "public option" that would compete with the coal, natural gas and nuclear plants owned by privately owned power generators.

But critics say that government expansion won't sit well in many parts of the country, including some places Democrats will need to defeat President Donald Trump.

“What the Sanders proposal would do is create an 800-pound federally owned power gorilla that would make it very hard for the existing generators to compete,” said Josh Freed, head of energy and climate policy at Third Way, a centrist think tank that opposes the Sanders plan. “I think a plan like this could turn off voters in large parts of the country.”

(Excerpt) Read more at politico.com ...


TOPICS: Business/Economy; Politics
KEYWORDS: berniesanders; globalwarminghoax; greennewdeal; joshfreed; sanders; thirdway; vermont
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To: karpov

That’s not going to go over well here in the PNW. The environmentalists and Democrats want all the dams on the Columbia and Snake rivers torn diwn to save the salmon and steelhead.

Washington won’t even count hydro power as “green energy”.


41 posted on 02/02/2020 9:48:21 AM PST by shotgun
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To: karpov

Basically, Sanders just lifted his entire policy platform from the British Labor Party in the late 40’s. Nothing “progressive” about him at all.


42 posted on 02/02/2020 9:51:54 AM PST by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: karpov
If Bernie wants to federalize electricity production you better buy your own solar panels and windmills for the inevitable blackouts.
43 posted on 02/02/2020 9:55:17 AM PST by KarlInOhio (Cutest internet video: Charlie bit my finger. Creepiest internet video: Joe Biden bit my finger.)
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To: karpov

Bernie’s plan would result in either brown outs everywhere or no power to the poorest Americans.


44 posted on 02/02/2020 4:56:39 PM PST by 2001convSVT (Medicare for All = Medical Care for None!)
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