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  • 2012 snapshot of New Energy Economy's cost to ratepayers0

    • January 21, 2013

    The numbers are in, and they aren’t pretty. Four of the largest cost driving pieces of legislation enabling Colorado’s New Energy Economy cost Xcel Energy ratepayers nearly half a billion dollars in 2012 alone. Adding insult to injury, some of the electricity produced wasn’t needed in the first place according to a just released report

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  • CO Green dream proves nightmare for taxpayers0

    • July 3, 2012

    GIGAOM reports that, as of last week, General Electric is putting on hold its plan to be a major solar panel manufacturer in Colorado. According to the self-described emerging technology blog GIGAOM: General Electric was set to become a major solar manufacturer when it announced a 400 MW factory in Colorado last year. Over a

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  • New energy economy's dirty little secret0

    • June 29, 2011

    Former Governor  Bill Ritter and other advocates of Colorado’s “new energy economy” often use the misguided argument of breaking our dependence on foreign oil as a viable reason for their economically unsound energy policy. Just last November Ritter said: ‘Over the past few years, we’ve established a clean-energy template that is creating thousands of new jobs,

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  • The Whole, Depressing Truth: HB 12910

    • April 29, 2011

    I travelled to Denver twice in the last 7 days to testify before the Senate State Affairs Committee on HB 1291, Colorado’s State Implementation Plan to meet the Regional Haze provision of the federal Clean Air Act. I told the Committee that HB 1291 is illegal. And I rebutted the distortions peddled by its proponents, who also

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  • In 2011, the New Energy Economy Will Cost Coloradans…0

    • March 11, 2011

    For all the ink that Colorado’s public officials have spilled on the subject of the New Energy Economy, there’s been little discussion of its cost. Ex-Governor Bill Ritter, for example, recently took to the pages of the New York Times to brag about his energy legacy. While he made an unsubstantiated claim about creating “thousands

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  • Fact of the Day: Xcel’s Projected Revenues Far Exceed Projected Sales0

    • March 9, 2011

    Through 2020, Xcel projects energy sales to increase an average of 1.1 percent annually, but it projects sales revenue to increase 4.7 percent annually, according to its 2009 Renewable Electricity Standard compliance plan. Why would revenue outpace sales by such a significant margin? The answer, of course, is that green energy costs more than conventional

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