President Biden’s zero carbon plan, which he plans to ramrod through using the legerdemain of “budget reconciliation”, is a plan that will dramatically raise energy costs for the poor and middle class and, because of its approach, increase poverty.
The plan is to make all US power “100% carbon free” by 2035, an ambitious plan that necessitates switching to much more expensive “alternative energy”, possibly among which natural gas with carbon capture (not commercially viable) and nuclear energy (vehemently opposed by his core base).
The effect would be threefold: discarding power plants that took hundreds of billions of dollars to use, building new power plants that will be exponentially more expensive and will face “environmental impact” reviews and delays, and the actual cost of the energy, which will be exponentially higher for consumers.
Once again a politician, chasing a histrionic bogeyman (“climate change spells doom!”), offers a massive, disruptive, top-down solution that is expensive and authoritarian. The top-down approach means, instead of promoting individual and local energy independence through house-portable and house-affordable solutions, the Biden team, egged on by utopian extremists, is focusing on a typical OBS (“one big system”) approach that will continue to keep people dependent on massive structures over which they have no influence.
The “house portable and house affordable” solution requires changing local ordinances to promote alternative building methods that are massively more energy efficient, investing heavily in solar and wind technologies for home use and providing the blueprints free to the public, and providing real incentives to individuals to adopt an individual and local energy independence approach.
The truth is, those who claim to care about the dangers of climate change and/or pollution, both legitimate concerns, are refusing to adopt an approach that truly empowers individuals. Instead, not wanting a good crisis to go to waste, they opt for an OBS approach that perpetuates dependency and concentrates yet more wealth and power in their hands.
The level of poverty will rise not because of seeking alternative energy solutions but because the top-down OBS approach is expensive, inefficient, and disempowering to individuals and the marketplace.