REPS (page 4)

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    The market is solving emissions concerns. Bet you haven’t heard THAT.

    The recent Brookings report on the future of the climate has irreducible good news for environmentalists who have been concerned about emissions. Counter to the pedal drone of media reports, they are going down: Brookings is here reiterating findings by the U.S. Energy Information Administration and the National Oceanic…
    Jon Sanders, January 23, 2017
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    A side note: what wasn’t a founding purpose of the REPS mandate

    In my Carolina Journal column today I noted: … North Carolina’s [electricity] rates have been among the most competitive in the nation. That changed when the Renewable Energy and Energy Efficiency Portfolio Standards law passed in 2007. The REPS mandate forced utilities to use an increasing proportion of high–…
    Jon Sanders, October 13, 2016
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    Matthew reminds us: electricity really is a basic human necessity

    The idea for my Carolina Journal column today came to me Sunday night, while I was sitting in the dark with the rest of my family reading by candlelight and hoping we would have power and water restored soon. Duke Energy’s blanket announcement that it’d be done by…
    Jon Sanders, October 13, 2016
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    Detroit News editorial: ‘Green energy’ hurts the poor

    The editorial, by Utah State professor William Shughart and researcher Michael Jensen, reiterate points made here. They argue that the politicized drive for “green energy” is drowning out the much greater problem of energy poverty. (The chart on the right comes from a recent Locker Room post about energy…
    Jon Sanders, August 16, 2016
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    Cute. But sorry, renewables, the “Gig” is up…

    A light-hearted tweet from Clean Energy NC on twitter hearkens back to Back to the Future (the scene, for those of you woefully in the dark about it): NC Solar Power Could Send Doc Back to the Future https://t.co/kGqzr2s19y #CleanEnergy #NCGA pic.twitter.com/Bl1eI2ObvR — Clean Energy in NC (@cleanenergync) June 30, 2016 Thing is, the time machine car was originally powered with a teensy pellet of plutonium. To generate an equivalent burst of energy naturally, compactly, they needed a bolt of lightning. Renewable energy!? Hello? Hello? Anybody home? Huh? Think, McFly!
    Jon Sanders, June 30, 2016
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    Why solar and wind are the most expensive way to reduce emissions

    The most important consideration in electricity provision is cost to consumers. Electricity is a basic human need. In North Carolina that need gets met by a monopoly provider. There is, however, this idea that electricity provision is about creating more jobs and cutting emissions. (If you think about it for…
    Jon Sanders, June 20, 2016
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    A low-cost energy source that lowers rates and CO2 emissions, to boot

    That would be natural gas. Because of technological change in natural gas exploration, our rates are falling, on net (offsetting increases owing to the REPS law): Also falling: carbon dioxide emissions, as the federal Energy Information Administration has shown is mostly because of change to natural…
    Jon Sanders, May 26, 2016
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    Re: States that support ‘green’ energy tend to have higher electric bills

    I can hear them now, Mitch. They’ll be saying but not North Carolina, because “we have some of the lowest electricity rates around.” It’s a well-rehearsed statement, and it’s true. But its intent is to deceive, as you can see from this chart: Crediting REPS for NC’s…
    Jon Sanders, May 10, 2016