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Tax Breaks & Subsidies and Colorado
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So why is this higher mandate likely to hike your bills? Because when government creates an artificial market by fiat, shortages almost always follow (of turbines for wind power, for example), thus boosting the mandate’s cost. For that matter, if all forms of renewable energy could compete on their own, they wouldn’t need a mandate in the first place.
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General|
Impact on Economy]
DENVER - The House passed and sent to the Senate a bill that attempts to lure more wind farms to northeastern Colorado. The vote was 54-9 earlier this week.
Also filed under [
Energy Policy]