California Regulators See Rising Power Costs To Meet State’s GHG Goals

February 18, 2021
California regulators are projecting potentially significant electricity cost increases due to the state’s pursuit of transportation and building electrification that are critical components of its climate goals, likely bolstering criticism from fossil fuel backers who say that increased electrification without fossil fuels will drive more blackouts like those in Texas. The findings, detailed in a Feb. 17 white paper from the California Public Utilities Commission (CPUC), are also likely to intensify debate among California lawmakers, regulators and stakeholders over the...

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