WMC urges Biden to deal with rising energy costs

Empower Wisconsin  | June 22, 2022

The state’s largest chamber and manufacturers association is urging President Biden to do something about the skyrocketing energy costs and reliability concerns hitting Wisconsin’s vital manufacturing sector particularly hard.

“Manufacturers need energy to be affordable and reliable. Unfortunately, energy is no longer the former, while the latter is also in jeopardy,” Kurt Bauer, president and CEO of Wisconsin Manufacturers & Commerce asserted in a letter Tuesday to Biden.

As Bauer notes, manufacturers use more energy than any other economic sector, so they are disproportionately impacted by rising costs.

According to the most recent data, Wisconsin’s manufacturing sector employed more than 475,000 people, or about 16 percent of the state’s nonfarm workforce.

Reports show Wisconsin and other Midwest states are at high risk for power interruptions this summer, largely because peak demand may outpace energy supply.

“Urgent action is needed by your Administration to bring down the cost of energy and ensure the reliable flow of it to industrial, commercial and consumer ratepayers,” Bauer states in the letter.

Biden has gone all-in on the left’s extreme climate change agenda, rewarding renewable energy sources while waging war on fossil fuels.

WMC is reminding the administration of the facts: that energy generated by wind and solar cannot currently replace energy generated by fossil fuels, especially for baseload “always on” energy. Solar power is expected to account for just 5% of U.S. electricity generation this year. Wind is at about 9%.

Rushing to transition to such power sources could fuel long-term inflation and threaten the viability of Wisconsin’s largest industry, WMC warns.

“We urge your Administration to adopt policies that will unleash the potential of inexpensive and efficient American energy,” Bauer concludes. “Failure to do so could result in Wisconsin and the United States losing our reputation as global leaders in advanced manufacturing.”

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