Impact on Economy and California
If you thought your monthly utility bills were high now, just wait.
According to the nonpartisan Little Hoover Commission's report, "Rewiring California," ratepayers face soaring electrical bills because of the move toward adding more solar and wind energy to the power grid.
The green campaign wastes scarce and precious technological and entrepreneurial resources indispensable to the nation's future. Now it is debauching America's most precious venture assets. It must be defeated, not appeased.
Gov. Arnold Schwarzenegger was all smiles in 2006 when he signed into law the toughest anti-global-warming regulations of any state. Mr. Schwarzenegger and his green supporters boasted that the regulations would steer California into a prosperous era of green jobs, renewable energy, and technological leadership. Instead, since 2007 -- in anticipation of the new mandates -- California has led the nation in job losses.
Evidence is everywhere, though, that the population of California is growing and will continue to grow into the foreseeable future. If we do not create more energy, the per capita amount available will decline. ...Proposed alternate sources of energy - wind, solar or bio-sourced - have their virtues and their shortcomings. To imagine that they would somehow supplant current sources of energy or might be sufficient to supply future demand, is the product of a fervent puerile imagination. (The technical term for this kind of thinking is "scientific sciolism,") ... To date, the execution of the alternate energy resource program has distorted market realities, causing consumer prices to go up directly and indirectly.