SOLAR SERDAR – STUDY SHOW ENERGY PRICE WILL RAISE

SOLAR SERDAR

STUDY SHOW ENERGY PRICE WILL RAISE

The EIA is the official source of U.S. government statistics on energy. As its Web site boasts, it “provides policy-neutral data, forecasts, and analyses to promote sound policy making, efficient markets, and public understanding regarding energy and its interaction with the economy and the environment.”

It is not a partisan organization and its record is impeccable.

The bottom line of the EIA’s projections is that, through the year 2030—which is as far out as the modeling will allow it go with any degree of certainty—the legislation that passed the House “increases energy prices.” EIA’s independent conclusion confirms what the opponents of the cap-and-trade bill have been saying all along—that the regulatory approach backed by the Obama White House will lead to higher energy prices for the American consumer, making it a tax on American family energy use.

Allowing that the “allocation of free allowances to regulated electricity and natural gas distribution companies” will lessen the impact of the legislation on energy prices in the initial phase, through 2025, the EIA draft report says that the “average impacts on electricity prices in 2030 are projected to be substantially greater, reflecting both higher allowance prices and the phase-out of the free allocation of allowances to distributors between 2025 and 2030.”

In plain English, that means the price of energy will go up a lot after 2025, solely because of what the cap-and-trade bill requires.More info at SOLAR SERDAR.

EIA also says that because the cap-and-trade bill that passed the House “increases the cost of using energy,” that real economic output will decline. This, in turn, “reduces purchasing power, and lowers aggregate demand for goods and services,” which pushes projected real gross domestic product down below where it is predicted to be if everything is otherwise left alone.

So the secret is out. The fig leaf has fallen. The real point of the cap-and-trade bill is to reduce the production of greenhouse gases by driving up the price of energy. The savings in emissions will come not from new, breakthrough technologies like solar and wind and cellulosic ethanol and advanced nuclear reactors like the Bush administration pushed for, but by reducing U.S. economic activity.

If energy is more expensive, people will use less of it. That’s how the market works.

SOLAR SERDAR

solarserdar@gmail.com

About CROATIAN CENTER of RENEWABLE ENERGY SOURCES

CROATIAN CENTER of RENEWABLE ENERGY SOURCES (CCRES)• was founded in 1988 as the non-profit European Association for Renewable Energy that conducts its work independently of political parties, institutions, commercial enterprises and interest groups, • is dedicated to the cause of completely substituting for nuclear and fossil energy through renewable energy, • regards solar energy supply as essential to preserve the natural resources and a prerequisite for a sustainable economy,• acts to change conventional political priorities and common infrastructures in favor of renewable energy, from the local to the international level, • brings together expertise from the fields of politics, economy, science, and culture to promote the entry of solar energy, • provides the opportunity to play a part in the sociocultural movement for renewable energy by joining the association for everyone, • considers full renewable energy supply a momentous and visionary goal - the challenge of the century to humanity. CCRES Željko Serdar Head of association solarserdar@gmail.com
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One Response to SOLAR SERDAR – STUDY SHOW ENERGY PRICE WILL RAISE

  1. solarserdar says:

    SOLAR SERDAR
    • was founded in 1988 as the non-profit European Association for Renewable Energy that conducts its work independently of political parties, institutions, commercial enterprises and interest groups,

    • is dedicated to the cause of completely substituting for nuclear and fossil energy through renewable energy,

    • regards solar energy supply as essential to preserve the natural resources and a prerequisite for a sustainable economy,

    • acts to change conventional political priorities and common infrastructures in favor of renewable energy, from the local to the international level,

    • brings together expertise from the fields of politics, economy, science, and culture to promote the entry of solar energy,

    • provides the opportunity to play a part in the sociocultural movement for renewable energy by joining the association for everyone,

    • considers full renewable energy supply a momentous and visionary goal – the challenge of the century to humanity.

    SOLAR SERDAR
    solarserdar@gmail.com

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