Robert Bryce of FreOpp points out that the high cost of electricity in California is increasing poverty.
- Policies that regulate and tax energy, such as those seen in California, hurt consumers and worsen poverty.
- Market friendly policies that promote competition help consumers and keep costs affordable.
“A growing element of this problem is the cost of electricity; rising electricity prices disproportionately impact lower- and middle-income families who lack the disposable income to absorb the extra costs.”
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The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
