Alex Epstein

@AlexEpstein ↗

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Last Checked Sept. 20, 2022

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Wed Sep 14 15:37:28 +0000 2022

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Alex Epstein @AlexEpstein

Myth 4: The IRA won’t harm electricity reliability. Truth: The IRA worsens 3 major factors already causing a reliability crisis. 1. Rewarding unreliable power 2. Prematurely shutting down coal plants 3. Forcing EV use on an already-inadequate grid It’s a reliability nightmare. — PolitiTweet.org

Posted Sept. 14, 2022

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Alex Epstein @AlexEpstein

In practice, almost all the IRA’s “clean energy” subsidies will still go to solar/wind, not nuclear. But by nominally including nuclear, the IRA got away scot-free with extending supposedly “temporary” subsidies *indefinitely*—until GHG emissions go down 75%, which means decades. — PolitiTweet.org

Posted Sept. 14, 2022

Followed By

Alex Epstein @AlexEpstein

Myth 5: The IRA will create a dynamic, world-leading “clean energy” industry in America. Truth: The IRA’s endless subsidies + controls favoring unreliable solar/wind will at best create an expensive, protectionist, parasitical industry that is anything but globally competitive. — PolitiTweet.org

Posted Sept. 14, 2022