Wednesday, February 7, 2024

The True Costs Of Net Zero Are Becoming Impossible To Hide

It's increasingly difficult for Biden and the EU to hide the true costs of net zero mandates.

In the US, manufacturers have yet to stand up to idiotic Biden regulations, mostly because they have received tax incentives that hide the true costs.

The actual costs are difficult to hide now that subsidies won't hide the true cost.

New York regulators rebuffed attempts to renegotiate contracts with wind companies for higher prices, casting uncertainty over the future of several wind farms off the state's coast.

The starkest sign of a troubled sector came Tuesday, when Ørsted, the largest offshore wind developer in the U.S. market, said it will abandon its Ocean Wind project.

The two-phased wind array off the Jersey coast was one of just five major offshore wind projects approved in the U.S. - all by the Biden administration.

Let's accurately label this fiasco for what it really is: A mandate to use wind, then a wind tax to support it. 

https://mishtalk.com/economics/the-true-costs-of-net-zero-are-becoming-impossible-to-hide/ 

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