PG&E's bankruptcy: Renewable energy costs at 800% of market rates

americanthinker.com ^ | 6/13/2019 | Chriss Street

[rktman]

PG&E's bankruptcy court revealed that the company may dump its state-mandated renewable energy source contracts that cost up to 800 percent more than market rates.

California mandated a zero carbon emissions future by passing the Global Warming Solutions Act of 2006. With PG&E residential electric rates rising by 71 percent to subsidizing renewables, Northern Californians' electricity costs 19.30 cents per kilowatt-hour, or about double the 10.66 cents in Oregon and 9.46 cents in Washington.

[rktman]

DOH! So proud that NV just put a mandate in place to have 50% renewables "BY LAW" by 2030. Fookin' idjits! Or what I don't know.

[tcrlaf]

Gotta pay the Democrat cronies, doncha know.

[C19fan]

I wonder where NV is currently since they get power from Hoover Dam?

[rktman]

From the article:

Gov. Newsom’s spokesman Nathan Click tried to give the appearance of strength when he told a Sacramento Bee reporter: “Our office is closely monitoring and will not allow bankruptcy to interfere with the state’s renewable energy goals.”

No matter how much the consumers have to pay.

[z3n]

“renewable energy”

~~~

All energy is renewable energy.

Per wikipedia: “In physics and chemistry, the law of conservation of energy states that the total energy of an isolated system remains constant; it is said to be conserved over time.[1] This law means that energy can neither be created nor destroyed; rather, it can only be transformed or transferred from one form to another.”

[Col Frank Slade]

Welcome to liberal utopia:

California.

[rktman]

We don’t get it all from there. Some even goes out of state. And Lake Mead is LOW,

[DoughtyOne]

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Just $34.00 dollars to 98.00%

[Innovative]

CA is insane.

[House Atreides]

Gotta pay the Democrat cronies, doncha know.
********************************

DemocRAT cronies, AKA DemocRAT DONORS. It all one big scam.

[Red Badger]

...an isolated system remains constant

There's the rub.....California is neither 'isolated' nor 'constant'.................

[Reverend Wright]

It is as bad or worse in europe.

Because of renewables mandates, the UK is at approx 20 cents per kilowatt hour and Germany is over 35.

[rellimpank]

-—my last bill , west of Vegas was 11.96 cents/kwh—(Valley Electric is a co-op that extends north to the Owens Valley area, California)—

—most of the power produced by Hoover Dam goes to California—

[bagman]

The 2nd Law of Thermodynamics tells us that the amount of useful energy degrades. The total amount of energy may not change, but the amount which can be converted to useful work is decreasing.

The Laws of Thermodynamics can be summarized as:

Zeroth Law: You get what you pay for.
First Law: You’re lucky if you break even.
Second Law: You can’t break even.

The Zeroth Law is the Law of Conservation of Energy.

[Nifster]

😂😂😂😂

[TexasTransplant]

How much would it be if algore didn’t get his cut?

[Kozak]

Like trying to legislate Pi to equal 3 or abolishing the law of gravity....

[Kozak]

From the article:

“Gov. Newsom’s spokesman Nathan Click tried to give the appearance of strength when he told a Sacramento Bee reporter: “Our office is closely monitoring and will not allow bankruptcy to interfere with the state’s renewable energy goals.”

No matter how much the consumers have to pay.”

Of course they may be sitting in the dark a lot ....

[FreedomPoster]

The Laws of Thermodynamics are not recognized by many legislators.

[gibsonguy]

“will not allow bankruptcy to interfere with the state’s renewable energy goals.”

So a Power company actually providing power is a secondary goal.