NBC News Inadvertently Exposes Big Government Climate Folly
NBC News Inadvertently Exposes Big Government Climate Folly
Posted • July 9, 2024: An NBC News item on lost solar energy inadvertently exposes the folly of big-government climate policies such as the Green New Deal, and building mandates.
The report also exposes the extent to which the market does not actually support an electrification agenda.
Watch as correspondent Liz Kreutz explains curtailment, which is basically solar energy that is lost for lack of storage space or transmission capacity, and how people in California reacted to a reduction in government incentives for residential solar installation.
The “new challenges casting a shadow” on fulfillment of the green agenda are actually old and persistent.
And they boil down to the market.
Basic supply and demand.