By H. Sterling Burnett
April 9, 2015
In today’s edition of the Heartland Daily Podcast, Managing Editor of Environment and Climate News H. Sterling Burnett talks with Randy Simmons. Simmons is a professor of economics at Utah State University. Simmons and Burnett discuss two studies he and his colleagues have done examining the economic impact Renewable Energy Mandates have had on the economies and people living in Kansas and North Carolina.
Simmons discusses why renewables such as wind and solar are inefficient and costly. In Kansas, for instance, the Utah State researchers found ratepayers are paying $171 million more than they would have absent the REM. This results in a loss of $4,367.00 each year in household income.
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