...during the first four months of last winter, New England spent $5.1 billion on electricity. In the whole of 2012, it had spent only $5.2 billion.
If you only read one energy article this week, it should probably be this one, by William Tucker.
Get Ready for the New England Power Shortage | The American Spectator:
In 1980, under the first administration of Governor Jerry Brown, California decided it wasn’t going to build any more power plants but would follow Amory Lovins’ “soft path,” opting instead for conservation and renewable energy. By 2000, with the new digital economy sucking up electricity, a drought in the Pacific Northwest cut hydropower output and the state found itself facing the Great California Electrical Shortage."
You know what happened next. For weeks the Golden State struggled to find enough electricity to power its traffic lights. Brownouts and blackouts cascaded across the state while businesses fired up smoke-belching diesel generators to keep the lights on. Governor Gray Davis finally got booted out of office but the state didn’t rescue itself until it threw up 12,000 megawatts of new natural gas plants.