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California’s electricity prices are so high that researchers worry people won’t ditch fossil fuel
February 26, 2021 /
California’s electricity prices are growing so high that they threaten the state’s ability to convince enough people to ditch fossil fuel-powered cars and appliances, new research says.
The state’s electric rates are now two to three times what it costs to provide power, a paper released by the energy institute at UC Berkeley’s Haas School of Business and the nonprofit think tank Next 10 reported.
J.D. Morris
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Posted in: Energy and Climate Change, Other Economies
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