USA electricity bills could rise 29% if the Feds join the game

God help us. There is nothing else to say if the fed’s change the game. Our efforts to protect our communities, our health and our property will be for naught… 

If environmentalists get their way and force the United States to adopt European Union-style renewable energy policies, consumers will see their monthly electricity bills increase by 29 percent.

That finding comes from a new study by Robert Bryce, a senior fellow at the conservative Manhattan Institute, which found that countries that adopted stringent renewable-energy policies incurred “dramatically higher energy costs.”

While some countries in Europe instituted cap-and-trade and mandated the use of solar, wind and other renewable-energy sources, the U.S. took a less intrusive approach, according to Bryce.“

As a result of this policy difference, there is now a sharp divide between the two economies on electricity prices and emissions reductions,” Bryce said. “Prices are higher in Europe, yet emissions reductions are greater in the U.S.”Sign Up for the Politics Today newsletter!

In Germany, for example, residential electricity customers pay nearly three times as much as U.S. customers.

The American approach has also reduced carbon emissions to a greater degree than the European approach. In Germany, Europe’s largest economy, carbon emissions increased by 1.3 percent from 2011 to 2012.

Part of the reason for the United States success has been the shale revolution, which Bryce discussed in a Feb. 2 piece in the Wall Street Journal….

via Report: Electric bills to rise 29 percent if environmentalists get their way |