Proof That The Electrify Everything Push Is A Regressive Tax
Aug 29, 2023 19:14:10 GMT 8
Struth likes this
Post by NFA on Aug 29, 2023 19:14:10 GMT 8
More Proof That The Electrify Everything Push Is A Regressive Tax
Latest DOE numbers: electricity costs 3.3 times more than natural gas
Latest DOE numbers: electricity costs 3.3 times more than natural gas
Aug 29, 2023
...
This lack of rigorous reporting by legacy media outlets is unfortunate. Alas, it’s not surprising. As with much of the rhetoric around alt-energy and decarbonization, cost figures — and the regressive effect that decarbonization mandates like bans on gas appliances will have on low- and middle-income consumers — are routinely ignored.
...
Here's the punchline: On an energy-equivalent basis, electricity will cost 3.3 times more than natural gas this year. The forecast found that electricity will cost about $46 per million Btu while natural gas will cost about $14. The DOE numbers, which should have been published six months ago, gut the claims being made by NGOs, and in the White House press releases, that the electrify everything push will “lower energy costs.” The exact opposite is true.
...
What’s different now is that the electrify everything push is being pushed at the highest levels of the U.S. government and by lavishly funded dark money groups. As can be seen below, four of the groups pushing bans on natural gas have combined budgets totaling more than $800 million per year.
The electrify everything jihad isn’t just bad for the poor and the middle class. It’s also bad for the climate and energy security.
Burning gas directly allows consumers to use about 90% of the energy contained in the fuel. Using gas indirectly — by converting it into electricity and then using that juice to power a heat pump, stove, or water heater — wastes more than half of the energy in the fuel. That point was made by Glenn Ducat, in his excellent new book, Blue Oasis No More: Why We’re Not Going to “Beat” Global Warming and What We Need To Do About It. Ducat is a Ph.D. nuclear engineer who worked at Argonne National Lab, as well as at two electric utilities. As Ducat explains “Burning natural gas by residential commercial and industrial customers is at least twice as efficient and emits about half as much CO2 as processes that use electricity produced from fossil fuels. Converting process-heat applications to electricity before the electricity grid is completely carbon-free will increase CO2 emissions.”
Attempting to electrify everything will be disastrous for our energy security. One of the most famous quotes in the energy business comes from Winston Churchill, who famously said energy security comes from “variety and variety alone.” In other words, don’t put all your eggs in one energy basket. Yet, that’s exactly what the electrify everything crowd wants to do. And even worse, they want to do it at the very moment our electric grid is cracking under existing demand and key agencies are warning of reliability problems.
Burning gas directly allows consumers to use about 90% of the energy contained in the fuel. Using gas indirectly — by converting it into electricity and then using that juice to power a heat pump, stove, or water heater — wastes more than half of the energy in the fuel. That point was made by Glenn Ducat, in his excellent new book, Blue Oasis No More: Why We’re Not Going to “Beat” Global Warming and What We Need To Do About It. Ducat is a Ph.D. nuclear engineer who worked at Argonne National Lab, as well as at two electric utilities. As Ducat explains “Burning natural gas by residential commercial and industrial customers is at least twice as efficient and emits about half as much CO2 as processes that use electricity produced from fossil fuels. Converting process-heat applications to electricity before the electricity grid is completely carbon-free will increase CO2 emissions.”
Attempting to electrify everything will be disastrous for our energy security. One of the most famous quotes in the energy business comes from Winston Churchill, who famously said energy security comes from “variety and variety alone.” In other words, don’t put all your eggs in one energy basket. Yet, that’s exactly what the electrify everything crowd wants to do. And even worse, they want to do it at the very moment our electric grid is cracking under existing demand and key agencies are warning of reliability problems.
...