Olympia, Wash. — A conservative Washington state political think tank’s study says our state’s renewable energy policy is bad for the economy and environment.
Currently, Washington is required to draw 15-percent of its energy from renewable sources by 2020.
Washington Policy Center Director Todd Myers says the study concludes Washington could lose up to 12,000 jobs in the next seven years, and energy costs for households and businesses could skyrocket.
Myers says the study estimates a reduction in real disposable income by about $1-billion.
He says the state currently draws nearly 80-percent of its energy from hydro-energy sources, which current legislation does not define as renewable.
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