Are New York Politicians actually this dumb?

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dan_s
Posts: 34471
Joined: Fri Apr 23, 2010 8:22 am

Are New York Politicians actually this dumb?

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Get ready for blackouts, New York: Green energy is nowhere near ready to take over
By James Hanley
December 26, 2022

New York will confront an increasingly serious energy-supply problem of its own making within the next decade. A series of policy initiatives culminating in 2019’s Climate Leadership and Community Protection Act have committed the state to unrealistic goals that will increase electricity demand while making supply less reliable.

Among these policies are the state’s plans to electrify transportation and space heating, a peaker-plant rule that will shut down reliable fossil-fuel power generators and a de facto ban on natural-gas-pipeline expansion.

The overarching goal is to reduce the state’s total greenhouse-gas emissions by 85% by 2050. Along the way, the state aims for 70% renewable energy by 2030 and 100% emissions-free electricity production by 2040.

This is despite the fact that New York has one of the country’s cleanest energy profiles and greenhouse-gas emissions from electricity production have already dropped substantially with the closure of the state’s coal-fired power plants.

Ultimately, energy policy must balance three factors: reliability, affordability and low emissions. New York’s error is to overemphasize low emissions over affordability and, especially, reliability.

To meet its goals, the state needs to add 20 gigawatts of renewable generation in the next eight years. And by 2040, only 18 years from now, it needs to roughly triple its electricity-production capacity by adding 95 gigawatts. But in the past 20 years, only 13 gigawatts of new generation has been brought online, while there’s been a net loss of two gigawatts in the last five years.

New York has been moving away from, instead of toward, meeting its electricity needs.

Read More Here: https://nypost.com/2022/12/26/prepare-f ... e=mail_app
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 34471
Joined: Fri Apr 23, 2010 8:22 am

Re: Are New York Politicians actually this dumb?

Post by dan_s »

This article tells me that the standard of living and property values in New York state will be going down.
Dan Steffens
Energy Prospectus Group
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