The big dirty little secret about renewable energy is that it is very expensive. Pointing to the “extraordinarily poor value” of return BY THE EPA’S OWN STANDARD in carbon footprint reduction, the Rhode Island Center for Freedom and Prosperity earlier this year called on the State of Rhode Island to significantly roll back renewable energy mandates.
Fast forward to last week. The Empire Center for Public Policy’s Kenneth Girardin alertly spotted that the State of New York has done almost exactly that for 2017.
The state Public Service Commission has quietly reduced the amount of renewable energy that utilities will have to purchase next year by 94 percent, according to PSC documents.
Kudos to New York for quietly modifying their mandate to conform with reality, even if it’s just for one year. For the sake of their already over-burdened ratepayers who have no obligation to fund pointless, feel-good, very expensive energy sources, Rhode Island and all other states need to follow suit, and not just for one year.