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URL:  https://boards.fool.com/ben-wrote-it-absolutely-was-an-intentional-34082136.aspx

Subject:  Re: Violent extortion in France... Date:  12/11/2018  5:26 PM
Author:  waterfell Number:  548943 of 563180

Ben wrote:
It absolutely was an intentional effort. The Obama administration made clean energy/reducing CO2 an important priority from the get-go, with some truly massive investments included in the big stimulus package. The most visible result of that was a big increase in wind and solar in following years...
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There was a lot of wind and solar built up during the Obama administration, but the subsidies that were given to those industries existed during the G W Bush years. Bush signed the Energy Policy Act of 2005.

Looking at the numbers, the biggest change has been an increase in natural gas for power generation, and a decrease in coal use. The following numbers are from the full year of 2009 (first year of the Obama administration), and the first 9 months of 2018. These numbers are in percentages, so it all evens out. For the total generation, I included utility-scale production plus small-scale solar PV (rooftop) production.

Electricity share
****      2009   2018 (first 9 mo.)
Coal 44% 27%
Nat Gas 23% 35%
Wind 2% 6.4%
Solar 0 2.4%


https://www.eia.gov/electricity/monthly/epm_table_grapher.ph...

https://www.eia.gov/electricity/monthly/epm_table_grapher.ph...

I suppose you could say that the 35% natural gas in 2018 would be higher without the wind and solar buildup. But you would also need to acknowledge that the subsidies given to renewables, particularly to wind, helped to undercut the wholesale price of electricity so that some smaller nuclear power plants were forced to shut down, and more are scheduled to close in the next few years (Duane Arnold, Diablo Canyon, Pilgrim, Indian Point). The Renewable Portfolio Standards, which often reward wind and solar, while simultaneously punishing nuclear, don't help any either.

- Pete
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