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Forbes Warns: Green Energy Policies Could Crush American Prosperity

Americans should pay attention when seasoned businessmen like Steve Forbes warn that runaway, politically-driven renewables policy threatens prosperity and energy security. Forbes has repeatedly argued that declaring climate emergencies and sidelining reliable power sources will wreck economies and drive up energy costs for working families.

Europe’s recent energy shock is the surest proof that ideology, not engineering, drove policy choices that left nations exposed when supplies tightened after Russia’s invasion of Ukraine. The crisis was triggered by geopolitical disruptions to gas supplies, but the pain was amplified because grids had been restructured around intermittent wind and solar without sufficient firm backup or storage.

Brussels’ emergency interventions and massive subsidies simply papered over a deeper problem: high wholesale and industrial energy prices remain a competitive burden across the continent even as renewables expand. European Commission data show that while renewable capacity climbed, retail and industrial energy costs stayed well above pre-crisis levels, threatening manufacturers and family budgets alike.

Here in the United States, the danger is real and current policymakers risk repeating Europe’s mistakes by fetishizing unreliable sources while hamstringing the fuels and technologies that keep lights on and factories humming. Conservative voices have warned that an overreliance on politically favored green technologies, divorced from honest cost-benefit analysis, undermines national sovereignty and economic resilience.

The sensible conservatism Americans need embraces energy realism: expand domestic oil and gas where appropriate, rebuild our refineries and pipelines, and rapidly deploy next-generation nuclear and grid-scale storage so renewables can be helpful rather than destabilizing. Forbes and other pragmatic thinkers emphasize nuclear as a dependable, low-emissions bridge that policy elites have long ignored to our peril.

If conservatives fail to fight for reliable, affordable energy now, hardworking families will pay the bill in permanently higher prices and greater energy poverty. The lesson from Europe is clear: patriotic policy protects citizens by prioritizing resilience, not virtue-signaling experiments that strain economies and sacrifice freedom.

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