Does Clean Energy Reduce Your Energy Bills?

Here’s an article that outlines how the EU has lowered energy prices via its investment in renewables.

In truth, the economics of all this is complicated.  In most of the world, there are subsidies for clean energy, just as there are subsidies for Big Oil.  If you want to remove the environmental regulations of coal-fired power plants and let them make fortunes by turning our atmosphere into their own private sewers, you can probably make coal-powered energy very inexpensive.

One thing is clear though, looking through all this complexity: the countries whose people actually care about the future of life on Earth are aggressively decarbonizing their energy and transportation sectors, and there is a great deal to be said for this.

In the United States, we’re rapidly going in the other direction.  Shame on us.

 

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