Pure idiocy.
My power company recently announced that they have decided against building the new coal fired plant and are building a wind farm instead (Plus raising my rates an “estimated” 6%)
0 promised higher electric bills.
More blackout like Kalifornia had recently ?
Holy Moly is that Consumer’s Energy? Detroit Edison?
Crap, I have both.
You are lucky. The kooks in California have MANDATED that 1/3 of our power must come from wind and solar. Look for rates to double and power to be unreliable.
It's amazing how common sense (or reality) gets checked at the door...........
The Feds guarantee loans to a well connected green energy firm than no lender would normally make. The execs pretend to build a company as they drain money from the firm in exorbitant salaries & perks. When sufficiently drained, the company declares bankruptcy, & the execs walk away with a bundle of cash, some of which they return to friends in Washington, as a way of saying thanks, keep up the good work, & let's do it again, real soon. Then the cycle repeats.
It is as obvious as the Sun, & has been going on as long as Congress has been allowed to allocate funds & the President spends it. It is also a BIG part with what is wrong with politics in this country, & a primary reason why we should have the absolute smallest gov’t budget possible, at all levels. The fewer dollars a politician controls, the fewer dollars will be stolen from the people.