Alex Epstein

@AlexEpstein ↗

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Last Checked Sept. 28, 2022

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Wed Sep 21 17:50:52 +0000 2022

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Alex Epstein @AlexEpstein

Here’s how massive the IRA’s solar/wind subsidies are. They will pay up to 2/3 of the cost of wind turbines—the equivalent of paying $60-70K for a $100K EV! They also further subsidize solar/wind by paying 50%+ of hydrogen from solar/wind that’s nowhere near competitive. — PolitiTweet.org

Posted Sept. 21, 2022

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Alex Epstein @AlexEpstein

The IRA pretends to be pro-nuclear by adding nuclear to its subsidized forms of energy. But since nuclear overregulation makes new plants cost-prohibitive, the IRA’s endless "clean energy" subsidies = endless solar/wind subsidies = more defunding and shutting down reliable power. — PolitiTweet.org

Posted Sept. 21, 2022

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Alex Epstein @AlexEpstein

Solar/wind subsidies not only drive the shutdown of reliable power plants and loot taxpayers, they also inflate electricity prices. Because solar and wind can go near-zero at any given time, they don’t replace most of the costs of reliable power plants—they add to them. https://t.co/RRWP4WwytG — PolitiTweet.org

Posted Sept. 21, 2022