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Response to ellisonz (Reply #3)

Mon Feb 27, 2012, 09:38 PM

4. Michigan Renewables Cheaper than Coal: Another State Success Story

I'm fairly sure this disproves your rant:
Michigan Renewables Cheaper than Coal: Another State Success Story

...Michigan's 2008 renewable portfolio standard (RPS) law required the state commission to report on how the law was working in practice. The February 15, 2012 report was a report card on the remarkable success of that state's RPS law. It stands in marked contrast to many of the critics of state renewable laws like Grover Norquist who don't get their facts straight and claim that these laws raise rates, force ratepayers to buy more expensive renewable power, and don't create any economic benefits.

...

First, they said the law has generated over $100 million in investments in the state, spurred manufacturing, and created jobs.

Second, the law has led to more than 100 megawatts of new renewable capacity in the state, putting it on track to meet its 10% requirement. So the law is working.

Third, and this might be the most dramatic point made by the Commission, the cost of these new renewable projects -- including, wind, solar and hydro -- is less than the cost of a new coal plant.

That deserves to be repeated. In contrast to ...




Relevant section starts on page 22
http://www.michigan.gov/documents/mpsc/implementation_PA295_renewable_energy2-15-2012_376924_7.pdf

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jpak Feb 2012 OP
FogerRox Feb 2012 #1
NBachers Feb 2012 #2
ellisonz Feb 2012 #3
LineLineNew Reply Michigan Renewables Cheaper than Coal: Another State Success Story
kristopher Feb 2012 #4
ellisonz Feb 2012 #5
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ellisonz Feb 2012 #7
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