U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 07-13-2009, 06:30 PM
 
Location: Chicagoland
41,314 posts, read 39,603,088 times
Reputation: 7107

Advertisements

Austin's clean energy program costing more, selling less (http://www.statesman.com/news/content/news/stories/local/2009/07/12/0712greenchoice.html - broken link)

Quote:
For the past decade, Austin's ambition to become the world's clean-energy capital has been best exemplified by one effort: GreenChoice, a program that sells electricity generated entirely from renewable sources such as wind.

Now the nationally renowned program is struggling to find buyers — the latest allotment is 99 percent unsold after seven months on the market — and Austin Energy is looking for ways to bring down the rising costs.
Rising costs? How can this be?

It now costs almost three times more than the standard electricity rate.

Quote:
The reason is that GreenChoice prices have risen more than fivefold since the program started. GreenChoice now would add about $58 a month to the electricity bill of an average home.

Steel, concrete, copper and labor have all gotten more expensive, in turn making wind-farm construction more costly.
What do you think it will cost to make those goods with Cap&Trade in place?

In addition, they have not been able to keep up with demand - why would that be?

Quote:
The best part about GreenChoice was its voluntary nature. Austin Energy gave its consumers a choice between traditional and alternative energy sources, and the market has delivered its verdict. If Barack Obama’s cap-and-trade scheme passes Congress, those choices will no longer be voluntary, and the costs of energy will “skyrocket” in a similar manner.
Reply With Quote Quick reply to this message

Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top