Will Obama’s energy plan save you money?

Watts Up With That?

Guest essay by Eric Worrall

Back in 2009, Obama said that his energy plan will cause energy bills to skyrocket.

In 2015, Obama says his energy plan will save you money (from 14:45)

The following is a condensed version of the relevant parts of the speeches (note the full 2015 speech contains additional material of interest, such as Obama’s comments about the impact of his new plan on poor people);

What has changed since 2009, other than a cap and trade system being replaced with straight out energy regulation? The new plan seems to call for the same expensive power plant changes, which Obama said would cause energy bills to skyrocket, when he spoke back in 2009.

What do you think? Are you reassured by President Obama’s statement, that you will save money on your energy bills, under President Obama’s 2015 clean energy plan?

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About Russ Steele

Freelance writer and climate change blogger. Russ spent twenty years in the Air Force as a navigator specializing in electronics warfare and digital systems. After his service he was employed for sixteen years as concept developer for TRW, an aerospace and automotive company, and then was CEO of a non-profit Internet provider for 18 months. Russ's articles have appeared in Comstock's Business, Capitol Journal, Trailer Life, Monitoring Times, and Idaho Magazine.
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3 Responses to Will Obama’s energy plan save you money?

  1. Sean says:

    There is another article you should look at Russ from AP. It has to do with the green job bonanza that wasn’t as a result of Proposition 39 (?), the Clean Energy Jobs Act. http://news.yahoo.com/ap-exclusive-california-measure-fails-create-green-jobs-050919689.html
    Turns out only about 15% of the promised jobs have been created and so far its mostly in changing light bulbs.

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  2. Sean says:

    Willis Eschenbach has the most compelling graph to predict what will happen to rates when more renewables are deployed. It’s on this link: https://wattsupwiththat.files.wordpress.com/2015/08/rstudioscreensnapz027
    When you need 4x the capacity to generate power with low load factor sources and still need to maintain the traditional sources, your gonna pay much more. The president probably assumes you’ll use much less energy because of high rates so maybe your bill will be less. But as many dought stricken Californians are learning, rates go up when usage goes down because you’ve still gotta pay for the infrastructure.

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