Author Topic: Obama's green energy: electricity prices increased 33% while production fell  (Read 134 times)

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Obama’s Green Energy: Electricity Prices Increased 33%, Electricity Production Fell

Posted By Daniel Greenfield On February 23, 2014 @ 5:14 pm In The Point | 12 Comments

Add Green to anything and you know that prices will go up and production and quality will fall. That’s the great achievement of environmentalism and while the Green Mafia haven’t done as much damage to the US as to the UK, Barack Obama has done his part to make life worse for Americans by making it greener and leaving them with less green.

The electricity price index soared to a new high in January 2014 with the largest month-to-month increase in almost four years, according to the Bureau of Labor Statistics.

Meanwhile, data from the Energy Information Administration, a division of the U.S. Department of Energy, indicates that electricity production in the United States has declined since 2007, when it hit its all-time peak.

The U.S. is producing less electricity than it did seven years ago for a population that has added more than 14 million people.

In December, the seasonally adjusted electricity index was 203.740. In January, it climbed to a new high of 207.362.

Back in January 2013, the electricity price index stood at 198.679. It thus climbed about 4.4 percent over the course of a year.

Historically, in the United States, rising electricity prices have not been inevitable. In the first decades after World War II, the U.S. rapidly increased it electricity production, including on a per capita basis. Since 2007, the U.S. has decreased its electricity production, including on a per capita basis.

The Green Mafia’s push for wind and solar means less capacity and more expensive energy as more efficient coal plants are taken down to make way for crony capitalist solar boondoggles. This phenomenon has become commonplace in Europe. And the US is unfortunately catching up.


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