Does Government Intervention Make Energy Cheaper?

Wind Power, Cap and trade, Regional Greenhouse Gas Initiative


The proponents of renewable energy like to argue that renewables are cost-effective and create jobs, despite mountains of evidence to the contrary. One of the latest examples of this was a recent post put out under the auspices of Joe Romm's "ClimateProgress" blog seeks to debunk the "myth" that government regulations increase electricity prices for consumers. The writer, Stephen Lacey, fails to make his case, relying either on calculations showing that the burden is merely shifted to taxpayers, or on "experience" that doesn't really test the full brunt of the proposed regulations.
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