Alex Epstein

@AlexEpstein ↗

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Last Checked Sept. 21, 2022

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Wed Sep 14 15:52:27 +0000 2022

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Alex Epstein @AlexEpstein

The White House’s celebrated “$1.9 trillion” number comes from an extremely speculative model assessment by the WH’s Office of Management and Budget (OMB) that ranges from "$0.7 and $1.9 trillion" in "social benefits" over 3 decades. This “model” does not at all model reality. — PolitiTweet.org

Posted Sept. 14, 2022

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Alex Epstein @AlexEpstein

Myth 10: The IRA will save us $1.9T in “social costs” This fiction comes from a “model” that 1) ignores the huge costs of increased dependence on unreliable solar/wind and of new, onerous restrictions on fossil fuels. 2) assumes fractions of a degree warming are catastrophic. — PolitiTweet.org

Posted Sept. 14, 2022

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Alex Epstein @AlexEpstein

It is clear that any policy that forces us to use costly “alternatives” and adds costs to fossil fuels will raise the price of energy—and raising the cost of energy increases the cost of everything. Yet the WH model totally ignores these catastrophic costs. — PolitiTweet.org

Posted Sept. 14, 2022