Multiple studies have demonstrated wind and solar power remain more expensive than historically traditional sources of electricity, such as coal, natural gas, nuclear, and hydropower, and Energy Information Administration data back that up—disproving claims by renewable energy profiteers and their lobbying groups. As coal plants have been prematurely retired and replaced by wind and solar, prices have risen and reliability has declined. The greater the forced (through renewable mandates) or incentivized (through subsidies, tax breaks, and tax credits) incursion of wind and solar into a state’s electric power supply, the higher and faster the costs rise.
Climate Change Weekly # 540 — ‘Cheap’ Wind and Solar Raise Electricity Prices
Climate Change Weekly # 540 — ‘Cheap’ Wind and Solar Raise Electricity Prices
12 Apr 2025 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming Tags: solar power, wind power
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