Oil and Gas Today with Chris Faulkner – Podcast #491

President Obama wants to lower carbon emissions.  In the process, he’s going to raise your electricity costs.  “Skyrocket”.  His words.  Why?  Because the environmental restrictions he’s placing on power companies will cost a lot of money…which will be passed on to you and me.

The Brookings Institution recently released a comparison of the cost of the 4 major sources of electricity:  Coal, natural gas, wind and solar.  Guess which was most expensive.

Right….SOLAR.  It costs 19-cents per kilowatt hour MORE to generate electricity from the sun, store it, and get it into the grid.

Comments are closed.