Alex Epstein

@AlexEpstein ↗

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Last Checked Dec. 22, 2022

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Wed Dec 14 17:07:07 +0000 2022

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Alex Epstein @AlexEpstein

Another form of subsidy to eliminate: government subsidizing unreliable solar/wind by socializing their costs, such as additional transmission lines or redundant backup capacity. This subsidy further rewards unreliable electricity at the expense of reliables and of customers. — PolitiTweet.org

Posted Dec. 14, 2022

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Alex Epstein @AlexEpstein

Another solar/wind subsidy of the IRA is "green hydrogen." The IRA forces us to give those who make hydrogen using solar and wind an extra $3/kg. That’s twice the normal market price! This is like forcing taxpayers to pay gas stations an extra $8/gallon! — PolitiTweet.org

Posted Dec. 14, 2022

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Alex Epstein @AlexEpstein

Solar and 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. — PolitiTweet.org

Posted Dec. 14, 2022