February 10, 2020

The Grim Future of Business in California

This from Anthony Watts:

This is frightening. Add the costs of recovering PG&E's lawsuit damages (which will get passed onto the ratepayer) and the potential takeover by the state (adding layers and layers of $ sucking bureaucracy) the future of business in California is looking grim.

Assemblyman Jim Patterson

I’m not one for charts and graphs. I have to squint to read them, and figure out what’s on the vertical and horizontal axis. Then figure out what it means. This one is simple.

Your electricity rates have exploded, and they will get worse. Why? The ruling party at the Capitol, and their idiotic laws, regulations, and bureaucracies have gone crazy, commanding utilities what electrons they can use, and which ones they cannot.

They have dictated some electrons are "moral” (wind & solar), and some are "immoral” electrons (natural gas, large scale hydroelectricit y & nuclear). They have legislated contrary to the physics of electricity (supply must match or exceed demand).

The result? The California electricity grid is becoming unreliable, and the cost of electricity is becoming unaffordable. Elections - and electrons - have consequences.

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1 Brother-in-law David says his electric bill in Fresno has gone up almost double in recent months.

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