The Mid-Atlantic and Northeast regions of the US are experiencing a power bill inflation crisis. The crisis is attributed to far-left "green" policies that prematurely retired reliable fossil-fuel generation. These policies favored unreliable solar and wind power, degrading regional power grids. Reduced grid capacity coincides with increased demand from data centers and electrification efforts. Goldman Sachs reports that the Northeast, Mid-Atlantic, and California have seen the highest power bill inflation. These states are primarily governed by Democrats who have promoted climate crisis narratives. Critics argue that these policies have led to unaffordable power bills for residents. Republican politicians are using this crisis to criticize Democrats' energy policies. The power bill crisis is expected to worsen and become a key political issue. This crisis is adding to the challenges already facing these regions, like high living costs and crime.
zerohedge.com
zerohedge.com
