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Residents and local leaders in Wyoming are upset over a proposed 29% increase in electricity prices, which would end the state's status of having some of the lowest electricity prices in the US. In contrast, New York has among the highest electricity costs due to cold winters and poor policy. The spike in electricity prices in Wyoming is attributed to higher natural gas and coal costs. Meanwhile, the Biden administration plans to invest $1.3 billion in three power transmission lines to address the strain on the electricity grid caused by extreme weather and the switch to renewable energy. At COP28, global leaders are expected to commit to tripling renewable energy capacity and doubling energy efficiency by 2030, with the US pushing for other low-emission technologies to be included in the clean energy mix.
Soaring costs are pushing up the price of big wind-power projects, challenging the country’s shift to renewable energy and potentially leading to larger-than-expected bills for residents https://t.co/zYTp3PgNlI
From @WSJopinion: Brace for the wind and electric-vehicle bailouts. Government is too invested to let these companies go bust, and taxpayers will be charged for the repair job, writes Allysia Finley. https://t.co/svvUS1b44Z
'Government has invested too much politically and financially in renewables and electric vehicles to let the companies go bust. Wind is the new too-big-to-fail enterprise.' https://t.co/7r1dXWNqgg
For @AirMailWeekly, I wrote about the fossil fuel industry's favorite word at the moment — "unabated" — and what it means as negotiators head to Dubai for #Cop28 later this month. https://t.co/t0MIzBWwZA
Brace for the Wind and Electric-Vehicle Bailouts https://t.co/w87DPhWhqE If you have to subsidize it, it is not needed.
US commits $1.3 billion for power lines in West, Northeast https://t.co/5JMmy2pdLj https://t.co/oHJvbfCOXL
Biden announces $1.3 billion to build new power lines, upgrade aging electric grid https://t.co/RSuXkQLZ7f
America’s electric grids may need to expand by two-thirds by 2035 to handle future growth in clean energy, the agency said. https://t.co/dSffUWoXBU
Biden administration puts $1.3 billion toward new power lines https://t.co/LoOhqDtbIV https://t.co/RJkWVKDUti
US officials plan to invest $1.3 billion in three proposed power transmission lines as extreme weather and the switch to renewable energy strain the electricity grid https://t.co/rfzrrGV03a
The Biden admin is lending $1.3B to three transmission projects in New England and the Intermountain West. It's a small step in solving a big barrier to fighting climate change — the lack of progress on expanding the transmission grid for clean energy: https://t.co/m7mI5hr2Uh
At #COP28, global leaders are expected to commit to tripling renewable energy capacity and doubling energy efficiency by 2030. @CipherClimate reports that the U.S. is pushing for other low-emission technologies to be included in the clean energy mix. https://t.co/NiysKTpUHx
When the low-emission solution is the low-cost solution. Electricity prices in Wyoming are spiking because of higher natural gas/coal costs https://t.co/63VUxLo0jG
French power prices for November rise after the country’s largest utility EDF reports two unplanned halts at nuclear plants over the weekend https://t.co/4rent78fS2
UAE's Jaber urges Pre-COP28 summit to align on fossil fuel, renewables language https://t.co/LMf3ZkPOmy https://t.co/gKKlwuVpiO
COP28 chief, groups, urge tripling renewable capacity by 2030 https://t.co/qKVUVdHffU https://t.co/C6ItEqXbaw
MyPOV: when market forces are no longer adhered to. People in Wyoming have been paying some of the lowest electricity prices in the U.S., but a proposed 29% price hike has residents and local leaders up in arms https://t.co/NHxcikJctN via @WSJ
New York has among the highest electricity costs in the country—a combination of cold winters and bad policy. https://t.co/b0JwgunsrL via Steven Malanga
Plan to Hike Electric Bills 29% Sparks Fury in Wyoming https://t.co/CdyyTs4m5M
People in Wyoming have been paying some of the lowest electricity prices in the U.S., but a proposed 29% price hike has residents and local leaders up in arms https://t.co/TfZ7lfwQrO