Denver, Colorado — Colorado’s ambitious roadmap to achieve 100% renewable electricity by 2050, as championed by Governor Jared Polis, has sparked robust debate following a report by the Denver-based Independence Institute. The study suggests a potential cost to taxpayers surpassing $318 billion by 2050. This report from the Independence Institute, which champions policies for “personal and economic freedom,” has prompted diverse reactions. Jake Fogleman, an Energy Policy Analyst from the Institute, forecasts that residents could be burdened with monthly electric bills escalating to $628 by 2040. “We initiated this research to understand the costs of a 100% renewable energy transition, especially given the lack of historical precedents globally,” Fogleman remarked.… Read More
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