EIA: Clean energy increases electricity cost by 29%, cuts GDP growth

A new report from the Energy Information Administration makes the case against a clean energy standard.

Despite the report’s projected increases in electricity cost and reductions in GDP, the impact of a CES would likely be much worse as the EIA’s models (like most other economic models) don’t do a very good job of predicting the future and, in the case of a CES, a government-dictated energy market can only lead to disaster.

Click for the EIA report.

Click for “What is a Clean Energy Standard?”

Click for “Clean energy’s junk economics.”