Regulate first, think later. That seems to be the guiding principle of
California’s policy makers. Take the
state’s renewable energy standard, which will soon cause a surge in electricity
prices and could even lead to rolling blackouts when the weather heats up.
Under California’s renewable energy standard, the state’s
electric utilities are obligated to obtain 33 percent of their electricity from
certain renewable sources by the year 2020.
The Journal notes
that,
Excessive energy costs have helped to
obliterate the state’s manufacturing base.
I’m sure glad this is not California. Wait…what’s that?
It turns out that the Minnesota legislature is
considering a 40 percent renewable standard by 2030, with a 4 percent
solar-only standard by 2025.
Who will be the first to reach rolling blackout? Let the race begin!
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