Perspective: Energy uncertainty





“Energy isn’t a luxury,” Colorado Springs Utilities CEO Travas Deal recently told my Power Gab co-host Jake Fogleman and me. His concern? The direction of Colorado’s energy policy — away from affordable, reliable baseload power and toward costly, intermittent wind and solar.He’s right. Reliable power is not optional. It’s a matter of life and death. We saw that in Texas during 2021’s Winter Storm Uri when 246 people died amid rolling blackouts that nearly triggered a catastrophic grid collapse.We’re seeing blackouts in Colorado, too. At the same time, the cost of power in Colorado is skyrocketing. Residential rates have increased over 85% since 2003, greater than inflation.Yet, Democrat Gov. Jared Polis is doubling down on this dangerous trajectory to enshrine his unrealistic campaign promise of a grid powered by 100% “renewables” into state law.A draft bill circulating at the Capitol mandates a 95% reduction in greenhouse gas emissions from the electricity sector by 2035 and 100% by 2040. This far exceeds the ambitious targets codified in 2019: 80% carbon emissions reduction by 2030.The only way to meet this emission goal is to shut down the remaining coal and natural gas baseload; blanket the state with industrial wind turbines, utility-scale solar installations and industrial batteries; force Coloradans into electric vehicles; require heat pumps — and drain Coloradans’ bank accounts.Massive cost increasesMultiple Independence Institute analyses show that this will result in massive cos …

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