The renewable scam, again

Posted in Weekly Newsletter on by .

sacramentoWe’re guessing regular readers don’t need much convincing that in a perfect world, “renewable” or “green” energy would remain a largely harmless if expensive hobby of the well-to-do.  But this isn’t a perfect world and renewable energy has seductive appeal as an easy way to exhibit planet-saving valor through environmentalist bullying.

So for the benefit of those who may be ready to climb on the bandwagon, and those who might dissuade them, we keep serving up evidence of the unpleasant truth.

A couple of weeks ago, we noted a Wisconsin Public Service Commission report saying this state’s consumers coughed up  $340 million more than they needed to pay for electricity from 2011 through 2012, because of the state-mandated use of renewable energy.

Since then, we’ve run across a Pepperdine University study finding that California’s environmental policies make it more costly for businesses to operate in the beleaguered Golden State.

Nowadays, “environmental policies” is almost always a euphemism for “disallowing economically rational energy choices,” and the story in the Los Angeles Daily News goes on to relate that California’s energy costs—already the nation’s highest—are expected to climb further in response to global warming legislation enacted in 2006 and remorselessly pushing the state toward heavier use of renewables.

We also found a study from Boston’s Beacon Hill Institute, saying efforts to close “loopholes in Illinois’ mandated use of renewable energy program, in an effort to expand ‘green’ industries” will have a negative effect on the state’s overall economy.

There’s always talk of job creation through renewable energy mandates, almost invariably from people who expect to profit by government forcing everyone to buy what they sell. Wisconsin, California and Illinois are proving that when those people win, everybody else loses.

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