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Alex Epstein @AlexEpstein

The most reckless EV policy of all is CA’s, which combines outlawing new oil-fueled vehicles by 2035 *and* wrecking its grid by shutting down reliable power plants. As The Babylon Bee put it, “State With No Electricity Orders Everyone To Drive Cars That Run on Electricity.” https://t.co/9WX30NC2A7 — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

Instead of letting EVs compete and facilitating the increase in reliability electricity that large-scale EV use requires, the Federal and state governments are coercing us into using more EVs while destroying the grid. — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

EVs are a valuable product for certain people but not yet cost-effective for the vast majority of us. The proper EV policy is to let EVs compete on a free market, but not in any way pressure us to use them before 1) we can afford them and 2) the grid can handle them. — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

Grid-destroying policy 4: coercing EV use At a time when reliable electricity is scarce and poised to become far scarcer, the Federal govt and certain state govts are trying to force us to use EVs—which would lead to major increases in electricity use at certain times of day. — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

By systematically decriminalizing nuclear energy—from eliminating the pseudoscientific ideas that justify it, to vastly speeding up the permitting process, to stopping anti-development activists who delay plants for years—America can lead a new nuclear renaissance. — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

And existing nuclear plants are being shut down well before the end of their useful lifetimes.Thankfully, that trend is slowing. But government is doing nothing to address the criminalization that makes new plants virtually impossible to build in any remotely affordable way. — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

"Fossil fuel is not our enemy; it's our friend. Alex Epstein is an original and courageous thinker who explains this better than anyone. If you want to think clearly (and morally) about fossil fuels (and you must), you need to read this superb book" -@DennisPrager https://t.co/zNhwQ6ARKr — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

Despite its amazing potential and promising track record, nuclear is stagnating and even declining in much of the world. Costs have increased as much as 10X, in large part because plants that used to take 4 years to build now take 16 years. — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

Nuclear energy, the cleanest and safest form of energy ever devised, has the long-term potential to outcompete fossil fuels at producing electricity and heat, and possibly many forms of transportation, as well. — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

Grid-destroying policy 3: Criminalizing nuclear power Ultra-promising nuclear energy became ultra-expensive—causing numerous shutdowns of vital plants—in large part because politicians have demonized it and virtually criminalized it through endless unscientific regulations. — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

The problem with EPA rules that are shutting down coal plants in catastrophic numbers is that they do not use genuine cost-benefit analysis when making their rules. Most egregiously, their analyses of coal shutdowns don’t consider the cost of an unreliable grid! — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

The EPA has been the major driving force of cost-adding, reliability-reducing coal shutdowns so far. And it’s the driving reason why between 93-185 GW are expected to retire by 2030–a terrifying 9-18% of our already meager reliable capacity. — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

We know that the electricity crisis Texas experienced in Feb. 2021 would have been much more widespread had it not been for our fleet of reliable, resilient coal plants. As OK Gov Kevin Stitt explained: “Renewable sources…dropped to almost zero…coal was really bailing us out.” — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

Coal plants today provide 215 GW of reliable capacity—down >100 GW from just 10 yrs ago due to shutdowns. When plants were at retirement age and replaced more cheaply by gas plants, this made sense. But most coal was retired early, at great cost—and not sufficiently replaced. — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

Grid-destroying policy 2: imposing ruinous EPA rules on power plants Even though America’s coal plants provide >⅕ of our all-too-scarce reliable generating capacity, our government, largely through EPA, is trying to shut down most or all of these plants in the next 7.5 years. — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

Mandates for unreliable solar and wind, which require areas to use solar and wind and shut down reliable fossil fuels and nuclear, regardless of how much costs rise and reliability declines, should be ended wherever they exist. — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

Stop mandating significant percentages of unreliables Even beyond paying a premium for unreliable electricity, many states mandate a certain % of unreliable solar and wind—and states are becoming more and more aggressive with those mandates. Another dire threat to our grid. — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

The combo of no penalty for unreliability + special subsidies for unreliables means that instead of unreliables receiving far less $ than reliables, they get a huge premium. And more and more reliable power plants go out of business. — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

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

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

Solar/wind subsidies are driving reliable power plants out of business, leading to higher costs and lower reliability. Ominously, our government recently extended them *indefinitely*. A future Congress should end solar/wind subsidies, driving lower prices + higher reliability. — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

Stop subsidizing unreliable generators Subsidies for unreliable electricity, above all the Investment Tax Credit and the Production Tax Credit, force taxpayers to pay utilities to slow down or shut down reliable power plants whenever the sun shines or the wind blows. — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

Given the unpredictability of weather and peak demand timing even a month ahead, the effective reliable capacity of solar/wind is near 0. Even if we can expect some wind to blow somewhere in a grid area, it might be much less or more than expected, causing problems either way. — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

At minimum, grids must stop attributing fantasy reliability to solar and wind—which causes them to vastly overvalue solar and wind and make reckless plans. E.g., a typical grid will treat it as certain that at peak demand 15% of wind and 50% of solar “capacity” will work. — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

One way to stop vastly overpaying for unreliable electricity is: require all generators to meet certain reliability standards. Generators would still be able to use solar/wind *if* they took responsibility for combining it with reliables and/or storage to guarantee reliability. — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

Grids need to recognize that unreliable electricity is fundamentally different and far less valuable (sometimes it’s even a burden) than reliable electricity, and pay for unreliable electricity (or not) accordingly. — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

Stop pricing unreliable electricity with no cost penalty In every area of life we pay far more for a reliable service than for an unreliable one. But in electricity, unfair rules make utilities pay the same prices for unreliable solar/wind electricity as they do for reliables. — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

Grid-destroying policy 1: Rewarding unreliable electricity Governments need to stop rewarding unreliable electricity by a) pricing unreliable electricity with no cost penalty, b) subsidizing unreliable generators, and c) mandating significant percentages of unreliables. — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

To solve the reliability crisis we must understand and reverse the four policies turning America’s grid into a Third-World grid: 1) rewarding unreliable electricity 2) imposing ruinous EPA rules on power plants 3) criminalizing nuclear 4) forcing EV use — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

Will our rapid shutdown of coal plants that make up ⅕ of our reliable capacity be offset by new nuclear plants? Not remotely. Here are the minuscule plans for nuclear compared to the plans for unreliable solar/wind through 2030. https://t.co/17Tzce1y1Z — PolitiTweet.org

Posted Sept. 7, 2022
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Alex Epstein @AlexEpstein

If coal plants will be replaced by plenty of reliable natural gas plants, that would be one thing. But utilities are not planning nearly enough gas plants to offset the likely shutdown of reliable coal plants. https://t.co/2FnM5n0Eon — PolitiTweet.org

Posted Sept. 7, 2022