Mike Mason will uphold our Republican values at the State Capital! Here’s his energy policy!
Mason Announces Energy Policy Says McCluskie lives in “An Energy Fantasy World”
Mike Mason is a physicist, farmer and businessman who believes in a balanced practical approach to energy policy. The goal of a sound Colorado electric power system is to provide consumers with electricity that is:
- Reliable— allows the lights go on every time the consumer hits the switch
- Affordable– provides reliable electricity at the least cost.
- Clean– minimizes adverse health and environmental impacts (carbon emissions and climate change are only one of the impacts of concern)
- Beneficialto the economy – maximizes the use of Colorado mineral and human resources
Julie McCluskie does not believe in an energy policy that balances these interests. She believes that the only goal of energy policy should be to transition from fossil electric generation to renewables generation, aligning herself with the renewables industry and leaders of her party like Jared Polis and Nancy Pelosi who have spent careers catering to special interests.
Regardless of what people think about climate change, the McCluskie approach:
- will have a negligible effect on carbon emissions and climate change.
- will hurt consumers by increasing the cost of electricity and decreasing its reliability
- will cost taxpayers who will fund the transition from fossil to renewable electricity
- will benefit the renewables and natural gas industries,
The problem with renewables is that they are intermittent power sources, only supplying electricity when the sun shines and the wind blows, not when consumers need it.
- Consumers need electricity 24/7, 100% of the time.
- Solar generates electricity no more than 20-40% of the time, and wind generates electricity 25-40% of the time.
- A reliable electric system cannot be based on renewables. Every kilowatt of renewable generation must be backed up by a reliable source. In Colorado, that back-up comes from carbon emitting natural gas or coal. So, more generation from renewables means more carbon emissions.
The $1.4 trillion global renewables industry is made up of powerful groups, all looking for taxpayer or government support either by renewable mandates or direct funding. These include:
- The wind industry($14.1 billion annual US revenue), whose lobbyists have secured a federal production tax credit of 2.4¢/kilowatt-hour, a subsidy so large that wind generators can pay electric distributors to take electricity and still realize a profit. They have also convinced some states to mandate purchase of wind-generated electricity regardless of its or cost.
- The solar industry($24.9 billion annual US revenue) is supported by a whopping 30% investment tax credit subsidy from taxpayers.
- The climate change consulting industry($890 million annual US revenue) is made up of “climate scientists”, academics, journalists, policy advocates, and lawyers, mostly financed by taxpayers, advising government, industry and customers how to do the impossible: replace all the reliable, affordable fossil fuel generation with unreliable, expensive renewable generation and feel good about doing it. Growth in this industry is driven entirely by the government mandates and subsidies it gets from politicians like Julie McCluskie for.
- Wall Street. The solar and wind industries capitalize on tax credit subsidies they get from government by selling them to large financial institutions like Goldman Sachs and Morgan Stanley. Wall Street loves renewable tax credits.
- The oil and natural gas industry($135 billion) annual US revenue) is happy to see government pushing construction of new wind and solar facilities, knowing that every kilowatt of new renewables generation will require a new kilowatt of new fossil generation.
The only loser in the McCluskie scheme to promote renewables is the coal industry. In Colorado the coal industry is a significant part of Colorado’s mining industry with its 57,000 jobs, $7 billion contribution to Colorado’s Gross Domestic Product and payment of $157 million in production royalties, half of which funds public schools. What is McCluskie’s plan for the damage done to the Colorado coal industry by her policy? Taxpayer funded subsidies for laid off workers. Of course.
Julie McCluskie lives in an energy fantasy world where intermittent generation sources that oftentimes produce zero power and produce power a maximum of 40% of the time can replace fossil generation — that currently provides Colorado with 83% of its electricity. Her approach will help the renewables pigs at the government trough, do nothing for the environment, cost consumers and taxpayers money, cost the state jobs and revenue, and risk power outages by relying on unreliable power generation from renewables.
Voters should put the lights out on Julie McCluskie before she and the industry interests she promotes put the lights out on us.