On Saturday, the Colorado Democratic Party convention nominated Boulder County resident Mark Udall for US Senate. Speaking from prepared remarks, Congressman Udall spoke of his family and his Colorado roots.
“So if you send me to the United States Senate, I promise that my only job will be standing strong for Colorado.”
What does Mark Udall plan if Colorado voters send him to the Senate? At first glance, the speech contains mostly platitudes and general statements devoid of policy specifics. However, certain passages provide a glimpse into Udall’s preferred policy positions.
“And it starts with changing the way we produce energy.
“From the wind on the Eastern Plains to the sun in the San Luis Valley, from hydro and geothermal power on the Western Slope to biofuel research at the National Renewable Energy Lab in Golden Colorado is blazing the trail to American energy independence.
“And while we build a better future for our country, we're also building a stronger Colorado right now. Creating thousands of new jobs. Attracting millions of dollars in new investment. Revitalizing the economy in some of the hardest-hit parts of our state.
“It's why I led the way in the U.S. House to pass a renewable standard for electricity -- a step that will save millions of dollars in energy costs for Colorado families.
“And it's why, if you send me to the Senate, I'll get it passed there too.”
It sounds more like American energy dependence on government subsidies, not energy independence. This is more like the broken windows fallacy. In this scenario, breaking a window appears to increase economic activity since the window needs replacement. However, the money that the owner uses to replace the window could have been used for a multitude of other items. Fixing the window is just displaced economic activity.
The subsidies to “green” energy work the same way. For the government to spend millions of dollars to subsidize more expensive wind, solar, and biofuel energy, it first must displace this money from the taxpayers. Due to the market distortion, the “green” energy sources become more competitive with traditional energy sources than they would without the subsidies.
The statement that a renewable standard for electricity would save money for Colorado families is ludicrous on its face. For the foreseeable future, fossil fuels will provide the cheapest, most reliable energy source. Nuclear power is another low-cost power option. Forcing utilities to utilize 15 percent as renewable energy means that 15 percent of the energy will be is actually forcing utilities to buy more expensive energy from Mark Udall’s friends and campaign supporters in the “green” movement.
This speech suggests another campaign slogan: Vote Mark Udall for even higher energy prices.
by Civil Sense