How many Americans can afford to pay twice as much for their utilities?
Posted BY: | NwoReport
Americans can’t afford to buy food, so Biden decided that they also shouldn’t be able to heat their homes during the winter. After an “environmental” measure that would prevent a majority of the country from being able to afford new cars, Biden is now going after their power bills.
The latest EPA proposal would mandate ‘carbon capture’ at power plants. A study by MIT showed that carbon capture raises the cost of electricity from 30% to 50% depending on the type of plant. Another study by Australia’s Institute for Energy Economics and Financial Analysis however showed that prices could actually climb as high as 95% to 175%.
Imagine your power bills doubling. That will be the final blow for millions of Americans.
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Biden’s corrupt inflationary spending broke the economy and sent prices soaring. State environmental regulations in California, New York and other leftist areas increased the cost of electricity. Last year, 1 in 6 homes had fallen behind on their utility bills. A survey found that a third of households were cutting back on food and medicine to be able to heat their homes.
With more than 20 million households struggling, Biden decided to deliver the killing blow.
His administration’s illegal carbon capture mandates would hike electricity costs 30% to 175% and utilities will be forced to pass the cost of this expensive ‘green’ tech to their customers just as they are already being crushed under the burden of expensive and unreliable solar and wind systems. How many Americans can afford to pay twice as much for their utilities?
