Alex Epstein

@AlexEpstein ↗

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Last Checked Sept. 28, 2022

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Wed Sep 21 17:50:53 +0000 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

Preceded By

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

Followed By

Alex Epstein @AlexEpstein

Even before the IRA, government policy was already threatening up to 185 GW of coal power in the next 7 years—about 1/5 of reliable capacity!—with the vast majority not replaced by reliable gas or nuclear. By increasing solar/wind subsidies the IRA will ruin our grid even more. https://t.co/uOoWeQ6BNQ — PolitiTweet.org

Posted Sept. 21, 2022