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Mish
Aug 19, 2020
California cannot meet air conditioning demand. The root cause goes beyond the heat wave.
Self Inflicted Blackout
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Since Friday, millions of Californians have been abruptly plunged into darkness with little notice, reminiscent of the mass blackouts that the state’s utilities carried out less than a year ago to keep their electrical lines from sparking fires during unusually strong windstorms.
Part of the problem is California’s rapid shift away from natural gas. About 9 gigawatts of gas generation, enough to power 6.8 million homes, have been retired over the past five years as the state turns increasingly to renewables, according to BloombergNEF. That leaves fewer options when the sun sets and solar production wanes.
Normally, California can import enough power from neighboring states when supplies are tight. But the sprawling heat wave blanketing the U.S. West is pushing power plants to the hilt across the region.
...
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California Gov. Gavin Newsom said Monday that the state had to “sober up” about the fact that renewable energy sources had failed to provide enough power for the state at peak demand, and needed “backup” and “insurance” from other sources.
Newsom addressed journalists and the public in the midst of ongoing electricity blackouts that began on Friday, as hundreds of thousands of Pacific Gas & Electric (PG&E) customers in northern and central California lost power.
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California legislators want a wealth tax on the rich, even if they flee.
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The proposed wealth tax would add a .4 percent tax on a taxpayer's net worth for net worths that exceed $30 million, which Bonta estimates will affect fewer than 31,000 Californians. From this proposed wealth tax, he estimates the state will raise $7.5 billion per year. The state currently faces a $54 billion budget deficit due in part to economic downturns from the coronavirus pandemic.
You don't even need to ask whose bright idea this was because Bonta is actually quite happy to reveal that the bill's co-sponsors are the California Federation of Teachers, the California Teachers Association, and the Service Employees International Union.
Blatant Theft
A wealth tax is blatant theft that would likely not stand a legal challenge.
Yet,higher and higher taxes are exactly the kind of thing one can expect more of.
In states like California, Illinois, and New Jersey, the call for higher taxes will never stop.
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originally posted by: Gothmog
It's Cali.
No amount of ignorance shown should surprise anyone .
They talk about water shortages.
Gov. Brown set em up in the 70s with brand new reservoirs.
Unfortunately a newt , not native to Cali, stopped it all.
originally posted by: Psilocyborg
Is this post in rejoice for the failings and suffering of the people of California?
Renewable energy is a must if we are to avoid another world war.
originally posted by: carewemust
a reply to: ElectricUniverse
Sounds like a good plan for driving people out of state.
originally posted by: carewemust
a reply to: ElectricUniverse
Maybe a departure tax.. A BIG ONE.
originally posted by: ElectricUniverse
originally posted by: carewemust
a reply to: ElectricUniverse
Maybe a departure tax.. A BIG ONE.
Then expect a lot of lawsuits if they do that. You can't tax people just because they want to escape the lunacy of left-wingers.