The Washington Examiner’s Abby Smith reports that California’s power projections underscore the difficulty of Biden’s climate targets.
- A new joint report from California’s three energy agencies state that in order to reach clean electricity by 2045, California will need to build 6 gigawatts of new renewable energy storage capacity each year.
- The report also found that if California retired all of its fossil fuel plants by 2045, it would be $8 billion more expensive to meet clean energy targets.
- This report provides a blueprint for federal energy policy moving forward: an energy plan that prioritizes certain sources over others increases costs to consumers while reducing reliability. An “all of the above” energy approach has been proven to reduce emissions while providing affordable and reliable electricity.
Read the full article here.