A new study from Utah State University found that, as of 2013, Michigan’s renewable energy mandate, enacted in 2008, has cost families and businesses here a bundle: $15.1 billion overall, or $3,830 per family, compared to what we would have experienced without the mandate.
According to the study, the economies of all states with a renewable portfolio standard, or RPS, have suffered harm. Among the negative effects are a nearly 14 percent decrease in industrial electricity sales, plus losses in both personal income and employment. A key finding was that an estimated 24,369 jobs have been lost in Michigan because of the mandate, which is in effect a mandate for wind energy.
And, just for a bit of juxtapositioning on the “science is settled” front this morning:
MASSIVE GLOBAL COOLING process discovered as Paris climate deal looms
More unsettling science – WELL RATS: OCEANS NOT DYING AFTER ALL