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Chris Wright: “States with renewable portfolio standards have over 50%…”

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

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Goldman Sachs MD Neil Mehta speaks to Energy Sec. Chris Wright at energy conference — 1/7/2026

Published | Video Starts at 23:42

About half the states in the country have renewable portfolio standards, are usually cheered and celebrated as part of our energy transition nonsense. But in those, if you compare those States with renewable portfolio standards have over 50% higher electricity rates than those without. the other states that don't have renewable portfolio standards. And if you look just at the last five years, the states with renewable portfolio standards had their electricity prices increase at twice the rate of inflation. (23:42–23:53)

CLAIM

Asserts that states with renewable portfolio standards have significantly higher electricity rates.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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