I wrote a post a couple of weeks ago about how awesome natural gas is as a source of energy. That doesn’t mean I’m fine with stuff like this:
In August 2011, the City Council of Boulder, Colorado, referred two ballot measures to voters. One authorized the city to take over (or “municipalize”) the privately owned utility that provides Boulder’s electricity. The second measure imposed a modest tax on ratepayers to finance the takeover and convert the utility from coal to natural gas.
The initiative passed. Amazingly, the Spectator portrays this as a good thing: that the citizens of Boulder, in the face of an “astroturf” campaign of a company trying to defend their interests, deprived their fellows citizens of their property rights (this isn’t an eminent domain issue; energy is a “public use”). Boulder is also pushing to go 90% renewable. We’ll see how that goes. Forbes warned a month ago that such efforts often massively underestimate the cost and technical problems connected with such municipalization schemes. You can’t just wave a magic wand and cause renewable energy to appear because you want it to.
We may see more of this in the future as the Left becomes more frustrated with their inability to foist “green” energy on us. And, of course, they’ll find some other industry to blame when these schemes completely fail.