Fossil fuel and utility interests, concerned about the rise of cheap clean energy, are financing attacks on pro-clean energy policies, in an effort to delay the growth of a market competitor.
The price of a solar panel has dropped more than 60% since early 2011, and the price of wind power is down by more than 50% in the past four years. Approximately 29% of the power added in 2013 in the United States was solar energy.
But, special interests tied to the fossil fuel and utility industries are spreading disinformation about the cost of clean energy. The Koch Brothers and their allies want to continue selling as much coal, oil, and gas as possible — and in their effort to rollback clean energy policies, are spreading falsehoods about the energy market.
Why would Koch Industries and other fossil fuel interests want to make clean energy seem expensive? Because they have a financial interest in squashing the market for clean energy.
Furthermore, these attacks on pro-clean energy policies are not about "creating free markets" as opponents of clean energy policies, like the State Policy Network (SPN) and the American Legislative Exchange Council (ALEC), claim. It's about manipulating markets to benefit their allies (and financiers) in the fossil fuel business.
In a majority of states in the U.S., there is no free market for electricity; individuals cannot choose from which company to buy their electricity or from what source their electricity comes. In many locales, Public Utilities Commissions regulate monopoly utility companies in a closed marketplace.
Renewable portfolio standards (RPS) and net metering policies are sparking massive investment and deployment of clean energy technologies. And these two key policies, driving more of the grid to clean energy, are now under assault at the state level from fossil fuel and utility interests.
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Via Chuck Sherwood, Senior Associate, TeleDimensions, Inc