At our Congressional hearing on Wednesday, @AOC confidently said that a @Siemans report supports shutting down "tomorrow" the coal plant that provides 20% of Puerto Rico's power.

100% false. The report *does not even consider* a shutdown before 2027.

The smoking gun quote @AOC attributes to @Siemens is "No adverse impacts were identified on the transmission system with the retirement of AES coal." But I couldn't find any phrase like that in the report Siemens prepared for Puerto Rico.
In fact I can't find @AOC's "quote" of @Siemens--"No adverse impacts were identified on the transmission system with the retirement of AES coal"--anywhere on the Internet.
While @AOC claims that the @Siemens report supports a shutdown of Puerto Rico's coal plant "tomorrow," the report in its dozens of scenarios, *does not even consider a shutdown before 2027*. And all its shutdown scenarios involve *building new fossil fuel infrastructure*!
Not only does @Siemens not support @AOC in shutting down the PR coal plant "tomorrow," it has publicly clarified that it does supporting any shutdown even in 2027 and that a shutdown "is more costly than the option of continuing operations, resulting in higher costs"!
To give @AOC every benefit of the doubt, I made a 34-minute video refuting every single claim she and her energy witness (an environmental lawyer) made in support of the deadly closure of the reliable coal plant that provides 20% of PR's electricity.

I have now demonstrated definitively that @AOC's energy claims from our hearing Wednesday were 100% false--and that her advocacy for the immediate shutdown of PR's coal plant is deadly. If she truly cares about the people of PR she will publicly recant.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Alex Epstein

Alex Epstein Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @AlexEpstein

1 Jul
At today's Congressional hearing, Rep. @AOC advocated shutting down "tomorrow" the reliable, resilient coal plant that provides *20%* of electricity-challenged Puerto Rico's electricity.

I tried to convince her that this would be beyond devastating to the people of Puerto Rico.
I tried to make clear on my Whiteboard of Justice to @AOC, @RepKatiePorter, and others advocating a rapid shutdown of coal--a reliable 20% of electricity--in favor of "renewables," that "renewables" provide a mostly-unreliable *2.5%* of PR electricity.
Written testimony: "To provide low-cost, reliable electricity in Puerto Rico, fossil fuels are...crucial--along with massive regulatory reform that enables low-cost natural gas and/or coal to replace the very expensive oil-based power plants that dominate Puerto Rico today."
Read 15 tweets
30 Jun
Today I will testify at a Congressional hearing about energy in Puerto Rico. The hearing begins at 10 am ET.

While the hearing's organizers seek to rapidly eliminate fossil fuel use in PR, I will make the case for liberating and expanding it.

THREAD
youtube.com/user/NaturalRe…
"Thank you for the honor of testifying before this committee. What I will say today may shock many of you. My views on energy are indeed unconventional, but I hope you will hear me out with an open mind since we share the same goal: a prosperous and flourishing Puerto Rico."
"I want to make the case that the one thing that will most help the people of Puerto Rico lift themselves out of crushing poverty is the thing many of you believe should be eliminated: low-cost, reliable, fossil fuel energy."
Read 22 tweets
23 Jun
I am a big believer that we should not just criticize terrible things but also offer a positive alternative.

So today I am offering a positive alternative to the terrible phenomenon of ESG.

Introducing LVC -- Long-term Value Creation.

THREAD
The primary purpose of a publicly-traded company, according to LVC, is to increase shareholder value by *engaging in long-term value creation*--including mutually-beneficial relationships with one's trading partners and communities, as well as high ethical standards.
ESG says companies should serve "stakeholders"--an overly-broad term that includes committed enemies.

LVC says companies should pursue mutually-beneficial relationships, specifically with trading partners and communities, *in order to serve shareholders.*
Read 8 tweets
10 Jun
The ESG divestment movement poses as a long-range, financially savvy, and moral movement. In reality it is a short-range, financially ruinous, and deeply immoral movement that perpetuates poverty in the poorest places and threatens the security of the free world.

THREAD
Over the last 5-10 years, "ESG"--standing for Environmental Social Governance--has gone from an acronym that virtually no one knew or cared about, to a cultishly-embraced top priority of financial regulators, markets, and institutions around the world.
The preposterous financial pretense of "ESG investing" is that the promoters of it have so accurately identified universal norms of long-term value creation--Environmental norms, Social norms, and Governance norms--that imposing those norms on every company is justified.
Read 27 tweets
4 Jun
The National Association of Regulatory Utility Commissioners (@NARUC) has published a damning study of California's embrace of unreliable solar and wind, which has caused blackouts and will cause many more.

But the study's language is way too mild. So I will translate.

🧵
"California’s rapid and ongoing growth of intermittent resources like wind and solar has flourished, while baseload and dispatchable resources have declined."

= California cannot produce much of its needed electricity on demand.
"Significant loss-of-load events...often result from a combination of factors…. including: actual loads exceeding forecasts; significant variability in wind and solar output; reduced imports from neighboring states"

=

Many more blackouts as other states embrace unreliables.
Read 8 tweets
25 May
IEA falsely claims it has done the "first comprehensive study of how to transition to a net-zero energy system by 2050 while ensuring stable and affordable energy supplies, providing universal energy access, and enabling robust economic growth." Check out @pwrhungry's expose.🧵
Green energy "models," @pwrhungry observes, ignore "myriad supply-chain problems...would come from attempting a massive increase in the use of solar panels, including the sourcing of polysilicon from China, and in particular, from Xinjiang province..."

realclearenergy.org/articles/2021/…
Green energy "models," @pwrhungry also observes, ignore "the difficulty inherent in trying to string the hundreds of thousands of miles of high-voltage transmission lines that will be needed to connect wind and solar projects in rural areas to distant cities."
Read 19 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(