The ¨New Energy Economy¨A False Bill Of Goods
by Mike Krause | 2:52 pm, September 3, 2010 | Comments Off
Over at the Denver Post, Amy Oliver-Cooke from the Independence Institute and William Yeatman from the Competetive Enterprise Institute have a teriffic co-authored op-ed on the ¨false bill of goods¨ being sold to Coloradans as part of the ¨New Energy Economy.¨ Money quote from the piece:
Up until 2007, Xcel was obligated to provide electricity at “least cost.” Now, however, the Public Utilities Commission says that climate change — rather than affordability — is the “main driving force” behind resource planning. Xcel customers are poorer as a result, no matter how the politicians spin the costs of green energy.
Whole thing available here.
You can also catch Amy and William doing a little free-market critique of Xcel Energy´s tiered summer pricing scheme (aka the air-conditioner tax) in this Denver Business Journal piece from back in June.
Colorado’s electricity industry has been centrally planned since Woodrow Wilson was in the White House. During that time, competition among electricity providers has been illegal. Yet without competition, there is no incentive for improvement, which is why the American electricity industry hasn’t changed fundamentally in 100 years.
Read the whole thing here.
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