by Mitch Kokai
Senior Political Analyst, John Locke Foundation
As Congress debates the Green New Deal resolution to transition the U.S. economy to “net-zero” greenhouse gas emissions, a Texas town struggles under the growing financial burden of going green.
Georgetown has spent $30 million since it began its transition to 100 percent renewable energy in 2016, and, now, city officials are lashing out at local reporters and a conservative think tank for scrutinizing the cost to taxpayers.
“The entire 100 percent renewable claim is misleading,” Bill Peacock, vice president of research conservative Texas Public Policy Foundation (TPPF), told The Daily Caller News Foundation.
TPPF has been holding public hearings with angry Georgetown residents since last fall. The group also called out the city’s renewable energy claim that it runs solely on renewable power.
Peacock said the city’s “dogged, almost bling pursuit of renewables” has cost residents $30 million, maybe more, in additional electricity costs because of how it structured its contracts. Georgetown, with a population of roughly 70,000 people, is reportedly the largest U.S. city to claim to run on 100 percent renewable electricity.
“Nobody enters into contracts for twice as much electricity as they need,” Peacock said. “The only way it makes sense is if you’re trying to make the point that you’re 100 percent renewable.”