Letter: RE: Arizona Pocketbooks
California Environmental activist, Tom Steyer and his NextGen Climate Action organization, is the sponsor of Proposition 127. This proposition would require Arizona utilities to produce 50 percent of electricity from renewable sources by 2030.
Yet this proposition would bar utilities from counting obvious forms of renewable energy such as nuclear (now 29% of the state’s energy mix) and most hydropower now (6%) which would likely require the closure of the Palo Verde Nuclear plant.
This operation is the nation’s largest clean energy facility.
Strikingly, the Heartland Institute reports that the intended pace of ramping up the mandate to 50% would cost the average Arizona household $2,179 per year compared to present electricity costs. Arizona State University’s Seidman Research Institute found the initiative would kill thousands of jobs and knock off $72 billion of the state GDP through 2060. Prop 127, if passed would enshrine the Steyer mandate in the Arizona State Constitution preventing regulators zero opportunity to mitigate the requirements when the real cost damage begins.
It should be noted that Steyer’s NextGen activist organization has already spent more than $18 million to impose a failed California energy formula on our state. Incredible…
Bernard M. Cygan