This is such an incredible story, one cannot make it up.
But if the Washingtonians enjoy paying higher prices for their electricity, that's fine with me. I think it's pretty funny.
From Forbes:
My local electric utility here in Washington State just raised my base electricity price and are having to buy renewable energy credits because they are required to supply 9% of our electricity from renewable sources next year and we only produce 85% from renewables now.
What?!
Yes, electricity generation in Washington State is 79% hydroelectric, 8% nuclear, 6% wind, 4% coal and 3% gas. We have the most renewable energy generation and the lowest carbon footprint in America and have more than surpassed any reasonable low-carbon goal you could possibly imagine. When our only coal-fired power plant is shut in a few years, carbon emissions will drop even more.
However, unlike the rest of the world, our huge amount of hydropower is not allowed to be recognized as renewable anymore, thus we have to buy wind from another state and throw away hydro-generated electricity when that wind comes online.And the more you read of this article, the more ridiculous it gets. So that the (artificially) increased price of electricity does not hit the poor more than they can afford, they will get a "break" of some sort, paid for by the rest of the Washington State residents ... who voted for this crazy bill. Or voted for the legislators who enacted this crazy bill.
Thank you, Don, for a great link.
By the way, we still get stories in the mainstream media that renewable energy is becoming as inexpensive as fossil fuel (natural gas and coal). Explain that to the Washington State folks.
As a reminder,
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