
California Admits Alternative Energy Still Unaffordable
Plan to limit fossil fuels works well—except when they’re needed.
President Joe Biden and other Democrats love to pretend that replacing fossil fuels with less efficient energy sources is an economic win for the United States. Last year Mr. Biden claimed in a speech to corporate CEOs that “it won’t hurt your bottom lines.” But the U.S. state with the largest economy is implicitly acknowledging the opposite.