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How Much Will You Pay To Get Electric Power That Isn’t On?

Thousands of square miles of wind and solar power in Texas and Alberta shut down completely in the worst hours of the Polar Vortex freeze. Hundreds of EV owners in the Chicago area had to get their cars towed (by diesel-burning tow-trucks, of course) out of charging stations that froze up in sub-zero weather. Now more than half of the 17.5 gigawatts (GW) of offshore wind power projects which have been approved by U.S. federal states, are cancelled or in disputes leading toward cancellation. Their developers demand the Federal government double, or more, the already large subsidies to their power costs.

This is the Biden Administration’s vaunted Inflation Reduction Act in action.

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