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Chris Wright: “In the roughly half of states that have renewable portfolio…”

Featuring: Chris Wright, Republican | Secretary of Energy | National

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Chris & Liz Wright on Iran, Solar, Nuclear, & Card Counting | KMP Ep.34

Published | Video Starts at 07:20

… know when it's going to be there, when it' not going to be there, if it gets any meaningful penetration, it ends up driving up the whole system costs. So In the roughly half of states that have renewable portfolio standards, that have forced the adoption of Wind and solar faster. They've added state subsidies on top of federal government subsidies. They have 50% higher electricity prices than the states that haven't gone down that far. So your issues is just subsidies, not exactly the energy source. Yeah, I often say I don't care where energy comes from as long as it's affordable, reliable, secure and you know, it betters the lives of the consumers of energy. (07:20–07:35)

CLAIM

Asserts that states with renewable portfolio standards have 50% higher electricity prices.

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