That's how much the Green New Deal could increase the average Texas households' annual electricity bills, according to new research unveiled by the Texas Public Policy Foundation.
For a resolution that claims to fight economic injustice as well as climate change, the Green New Deal isn't much of a deal after all.
TPPF researchers found that if the Green New Deal's renewable energy directive was fully implemented by 2030, the annual cost of powering Texas would rise from $13 billion today to a whopping $120 billion.
Transitioning Texas to just 50% wind and solar by 2030-a relatively modest increase, given that we are the number one state for renewable generation-would cause annual costs to rise by 250%. And those numbers don't take into account a large-scale rollout of electric vehicles, which would increase electricity demand and further increase costs to consumers and businesses.
The financial expense isn't the only issue with one-size-fits-none renewable mandates like the Green New Deal and other pricey proposals by presidential contenders.
The Green New Deal is a bad deal for Texas, and the skyrocketing costs and lost jobs aren't worth the multibillion-dollar expense.
Proponents of the expansive climate programs like the Green New Deal don't recognize that few of the world's great achievements have come from top-down, one-size-fits-all government mandates.
https://www.houstoncourant.com/houston-voices/2019/the-green-new-deal-puts-texans-in-the-red
For a resolution that claims to fight economic injustice as well as climate change, the Green New Deal isn't much of a deal after all.
TPPF researchers found that if the Green New Deal's renewable energy directive was fully implemented by 2030, the annual cost of powering Texas would rise from $13 billion today to a whopping $120 billion.
Transitioning Texas to just 50% wind and solar by 2030-a relatively modest increase, given that we are the number one state for renewable generation-would cause annual costs to rise by 250%. And those numbers don't take into account a large-scale rollout of electric vehicles, which would increase electricity demand and further increase costs to consumers and businesses.
The financial expense isn't the only issue with one-size-fits-none renewable mandates like the Green New Deal and other pricey proposals by presidential contenders.
The Green New Deal is a bad deal for Texas, and the skyrocketing costs and lost jobs aren't worth the multibillion-dollar expense.
Proponents of the expansive climate programs like the Green New Deal don't recognize that few of the world's great achievements have come from top-down, one-size-fits-all government mandates.
https://www.houstoncourant.com/houston-voices/2019/the-green-new-deal-puts-texans-in-the-red
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