Tuesday, January 09, 2018
New England's Absurd Energy Policies Exposed by Bomb Cyclone
At NewsMax.com, Tom Borelli tells us about New England's results:
"Left-wing politicians concerned about global warming and an aggressive EPA regulatory agenda combined to reduce use of coal in New England from almost 20 percent in 2000 to about 2 percent in 2016. Natural gas is now the primary source of power, providing about 50 percent of electricity, up from about 15 percent in 2000. Burning natural gas emits about half the carbon dioxide emitted by coal.
The dependence on natural gas is a problem in New England because radical environmental activists are blocking construction of new natural gas pipelines needed to keep up with the increase in demand. Predictably, the law of supply and demand kicked in, resulting in an explosion of natural gas prices with plummeting temperatures.
During the first round of severe winter weather at the end of December, the surge in demand made New England 'the world’s priciest' natural gas market, where the energy commodity jumped threefold on the spot market."
