EU Leak Shows Wind, Solar Energy to Double Power Bills
From the source Financial Times article(registration if not subscription required)….
Average electricity prices for households and businesses would rise “strongly up to 2020-2030” under all scenarios, the document says, and the highest prices would occur after 2030 if renewable sources of power, such as wind and solar, make up a large share of energy production. For example, average prices for households could jump by more than 100 per cent by 2050 if this were the case but only by 43 per cent under a scenario that assumed more nuclear power and carbon capture and storage were used.
The article from the first link concludes…
This will not make Europeans happy, and it is unlikely that American consumers will be lining up for a 100% electricity hike anytime soon. Those prices are also not going to help manufacturers stay competitive, and they are not going to boost the prospects of the electric car industry.
Inquiring minds want to know, if Europeans aren’t happy will Boulderites be happy? My vote is that Boulderites THINK they will be happy…. because they’re stoopid.
