FBC The Willis Report April 28, 2014
Mandates for expensive green energy production. With more on this, jails sweeney, senior fellow at hoover institution. Welcome to the show. Good to have you here . What is going on here . What do you think is driving electricity Prices Higher . The, combination of several things. But the Biggest Issue is, that the distribution infrastructure. The transmission, transformers and the wires and all of this distribution infrastructure that was built 40 or 50 years ago, fully deappreciated. Were not paying for it and it will have to be replaced. Most of the estimates of large increases of electricit...
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