Government mandating of prices
This year –13 years later – it’s instructive to see how our nation’s two most-populous states have diverged in terms of the results of their energy policies.California’s average retail electric rates in the most recent 12 months ending in August this year were again 50 percent higher than the national average – in spite of politicians’ promises that renewable energy would be less expensive.(The goal being, to make things more fair for the working poor - people who work respectable 40 hour work weeks but still don't make enough money to afford the average cost of living.) More generally, this is called price controls.A specific example of actually-existing price controls is rent controls.Pushing California’s electric portfolio from 25 percent renewables, including hydroelectric dams above 50 megawatts, to 35 percent over a dozen years is a direct consequence of several laws and regulations intended to increase mostly wind and solar power generation.
He didn’t count transportation – the cars, trucks, buses, motorcycles, trains and planes that carry millions of Californians every day.In the just the past seven years, California’s retail electricity prices have shot up 20 percent.Texas consumers, on the other hand, went from paying more than the national average to paying electricity prices 19 percent lower than the national average.The tale of two states offers a lesson for the nation.The far-left Democrats who control state government in California have doubled down on their extremist campaign to cut carbon dioxide emissions – regardless of the cost and the pain they inflict on Californians, who are already struggling to pay some of the highest electricity bills in the nation. Jerry Brown said in September: “De-carbonizing the economy when the economy depends so totally on carbon is not child’s play.