If you like your electricity, you can keep your electricity."
The Cloward-Piven strategy is continuing apace and, according to Mitch McConnell, nothing will permit GOP leadership to shut down the government. Not a debt-fueled economic catastrophe for our children, not a patently unlawful executive order to "legalize" millions of illegal aliens, not the weaponization of the IRS against political opponents, not the shipment of thousands of assault weapons to Mexican drug cartels, and certainly not the taxpayers subsidizing an entire industry revolving around the sale of valuable baby parts.
We’ve been chasing the renewables dragon for more than forty years now, and we’re no closer to having the capacity to replace coal than we have been. The Energy Information Administration shows coal playing a smaller role than five years ago, but it still accounts for 30% of all electricity — and it has been largely due to a rise in natural-gas production, not renewables. In May 2015, the EIA noted that the strategy to replace coal has focused on natural gas, not renewables, which still only account for a small fraction of electricity generated in the US.
Last month, the EIA noted that solar power only accounted for 0.8% of US electricity. They expect a 90% expansion of solar panels by the end of next year, which would then produce enough electricity to supply 1.5% of the country’s consumption. Even now, the use of renewables along with nuclear power account for only 16% of all electricity generated, and most of that comes from nuclear power. Two-thirds of our electricity comes from hydrocarbon sources, and at least half of that is coal.
The only way to “replace” coal with current or short-term-foreseeable technology, therefore, is to force coal out by regulation and impose a reduction in the consumption of electricity. That will indeed make prices “necessarily skyrocket,” and it will be the working- and middle-class families that bear the brunt of the massive costs it will create — not just in their utility bills, but across the board. Energy costs are a force multiplier in economies, impacting prices at every stage of distribution.
Get ready for another Politifact Lie of the Year, but we won’t get that ruling until Obama has long retired from office.
Hat tip: BadBlue News.