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If California, our most populous state, was its own nation, it would rank as the world’s fifth largest economy and boast the highest average household income (outside a handful of “countries” like Monaco or Luxemburg). And, yet, the governor is begging its citizens to stop using their appliances, turn off their lights, and keep their thermostats at a stifling 78, lest they suffer more rolling blackouts, like some junior mandarin in a third-world country. //
California is following in the footsteps of Germany, which over the past ten years closed down most of its nuclear power plants and engaged in a national decarbonization of the economy — energiewende. When reality hit, Germany, and thus the rest of the EU, was compelled to start relying heavily on Russian natural gas as it struggled to transition. Then Russia attacked Ukraine. Rather than falling back on its world-class, environmentally friendly, forward-looking nuclear-energy program, the Germans must now contemplate rationing and historically high prices. If they can avoid this fate, it will only be because the industry has turned back to coal. //
Continued restrictions on reliable, relatively cheap, and portable energy are not only inconvenient, but they also damage growth and opportunity. Decarbonization is objectively immoral. //
Democrats are rigging the market to force you to buy a car that has a 200-mile reach and uses erratic and expensive energy when you already have increasingly efficient models in your driveway and tens of billions of easily accessible barrels of offshore fossil fuels here at home — and much more around the world. We have centuries’ worth of the stuff waiting in the ground. Which gives us enough time to come up with some better ideas. Because, sorry, transitioning away from modernity and into windmills, choo-choo trains, folding fans, and candles isn’t progress, it’s regression. And California is leading the way.