Andrew Cuomo is intent upon bringing the German Energiewende to New York State. It can expect the same pathetic results; no emissions gains and high prices.
In Upstate New York, economic growth and jobs that retrain young families depend on affordable energy. At this time, renewables won’t cut it. They cost too much. Three stories; California, Germany, and South Australia.
A California homeowner recently shared his electric bill in the Wall Street Journal. The first 441 kilowatts per hour (kWh) bills at 21 cents. The next 1, 324 kWh escalates to 28 cents. From there it skyrockets to 43 cents. His yearly average for a three bedroom home with the thermostat set at 78 degrees is 29 cents. By the way, the guy heats with gas. Otherwise, if he heated with electric, he’d be packing for Idaho.
These rates are coming East. Governor Cuomo’s objectives and game plan is the same as California’s, Germany’s, and South Australia’s. Same plan, same results — higher prices to the consumer, minimal change in CO2 emissions.