Libertarian Leanings is a column by by Peter Burrows, who blogs at silvercityburro.com and can be reached at email@example.com.
It does not necessarily reflect the opinions of the Grant County Beat.
By Peter Burrows firstname.lastname@example.org - silvercityburro.com 7/7/19
New Mexicans are going to pay a huge price for shutting down the coal-fired San Juan generating plant and the coal mines that supply it. Hundreds will lose their jobs and our electricity bills are going to go through the roof. While this is going on, the world-wide use of coal to generate electricity will be INCREASING dramatically.
Why is New Mexico going one way, the world another? Because the poor people of the world know that to escape poverty, they need electricity, the cheaper the better. The relatively rich people of New Mexico have lived so long with cheap electricity that they have forgotten that elementary economic fact. They will relearn it as expensive renewable-electricity replaces cheap coal-electricity.
By Peter Burrows 6/26/19 email@example.com silvercityburro.com
New Mexico’s new energy law requires that by 2025, just over five years from now, 40% of our electricity must be from renewable sources, mostly wind and solar. Environmentalists and politicians tell us this will lower our electricity bills. They are wrong.
Empirical evidence from around the world is irrefutable: Adding wind and solar-generated electricity to an electric grid INCREASES electricity costs. This has been known for a long time, yet the push to increase renewables is unrelenting.
Why? Ignorance is one reason. Few people have the time or inclination to study how electricity is produced, but that excuse doesn’t fly for Public Service of New Mexico, PNM. After all, electricity is PNM’s business. They know how much more expensive electricity is where renewables are mandated, yet according to the Rio Grande Foundation, PNM lobbied FOR the 40% renewable requirement by 2025.
In the 2019 legislative session, New Mexico lawmakers did a couple of really stupid things: they increased the minimum wage by a whopping 20% starting January 1, with more increases to follow; and they increased the renewable portfolio standards (RPS) from 20% in 2020 to 40% by 2025, 50% by 2030, and 80% by 2040.
What this means is that investor-owned electric utilities, such as Public Service of New Mexico, are required, by law, to generate their electrical needs from renewable sources, such as wind and solar, in the percentages mandated. These new requirements were enacted without proof of feasibility.
The economist Walter Williams once wrote that minimum wage laws were “breathtakingly stupid.” Welcome to New Mexico, where the minimum wage will jump 20 percent on the first of January to $9 an hour, on its way to $12 in a few years.
It could have been worse. Rep. Patricia Roybal Caballero, D-Albuquerque, proposed $15 an hour starting next year, which would have made New Mexico’s minimum wage the highest in the nation, breathtakingly stupidest, so to speak. I wonder what Rep. Cabellero pays HER employees? It’s so easy to be compassionate with somebody else’s payroll.
By Peter Burrows 4/8/19 firstname.lastname@example.org
Years ago, the billionaire Warren Buffett was asked about the secret to his success and he said something like, “Well, first, I was born in America. I won that lottery.”
Indeed, to be born in America is a Heaven-sent blessing and is not something any of us can take credit for, which is one reason why I refuse to take any money from my black brothers and sisters, who are understandably grateful to be living here and not in Africa.
By Peter Burrows 3/22/19 email@example.com and silvercityburro.com.
Fox News has apparently canceled “Justice with Judge Jeanine” because she raised a question concerning Muslim Congresswoman Ilhan Omar:
“Omar wears a hijab, which according to the Koran 33:39, tells women to cover so they won’t get molested. Is her adherence to this Islamic doctrine indicative of her adherence to sharia law, which in itself is antithetical to the United States Constitution?”
By Peter Burrows, 2/28/19
Dear Ms. Nanasi,
I received an email today from NEE which contained the following statement:
“NOW is the time for a new model of energy production and procurement. We can have locally produced solar, wind and storage, and efficiency at lower cost than gas produced energy 300 miles away.”
By Peter Burrows 02/18/19
Dear Ms. Nanasi,
Senate Bill 489 would require New Mexico’s investor owned electric utilities to be 100 percent carbon free by 2045, a goal to be achieved with renewable sources of electricity, especially wind and solar. As I understand it, one hundred percent carbon free has long been NEE’s goal, both for environmental reasons and, to quote from your recent emailing, “because renewables are the most cost-effective option.” With that in mind, I have some questions for you.