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Probably all quoting the same flawed source. It doesn't
Posted on: July 18, 2025 at 16:41:02 CT
JeffB MU
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really make any sense from an economic point of view.
Germany, like other countries went strongly into renewable energy... and their electricity prices jumped dramatically. Their manufacturing industries were screaming about how much of a disadvantage this was for them when competing with countries that didn't jump into renewables with both feed.
1. If renewables are cheaper, or even as cheap as other fuels, why are huge government subsidies even needed? Who pays for those subsidies? Where does the government get their money to pay for them? Take it from their citizens via taxes, or via "printing the money and ultimately through the inflation caused thereby?
2. Do the governments really subsidize non-renewables enough to cause the extreme price increases the article proclaims are coming?:
In Oklahoma, for example, homeowners, renters and businesses are likely to see electricity rates shoot up by between 60% and 350% over the next decade, according to Energy Innovation. The firm expects rates to rise by at least 48% in Kentucky, 39% in Missouri and 30% in Kansas.
If so, those government subsidies are pretty close to the government micromanagement of the economies of socialist/communist countries, no? Are you a proponent of socialism or communism?
Germany, like other countries went strongly into renewable energy... and their electricity prices jumped dramatically. Their manufacturing industries were screaming about how much of a disadvantage this was for them when competing with countries that didn't jump into renewables with both feed.
1. If renewables are cheaper, or even as cheap as other fuels, why are huge government subsidies even needed? Who pays for those subsidies? Where does the government get their money to pay for them? Take it from their citizens via taxes, or via "printing the money and ultimately through the inflation caused thereby?
2. Do the governments really subsidize non-renewables enough to cause the extreme price increases the article proclaims are coming?:
In Oklahoma, for example, homeowners, renters and businesses are likely to see electricity rates shoot up by between 60% and 350% over the next decade, according to Energy Innovation. The firm expects rates to rise by at least 48% in Kentucky, 39% in Missouri and 30% in Kansas.
If so, those government subsidies are pretty close to the government micromanagement of the economies of socialist/communist countries, no? Are you a proponent of socialism or communism?
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Probably all quoting the same flawed source. It doesn't - JeffB MU - 7/18 16:41:02