Pay More, Get Less: America’s Energy Policy

What does Diet Coke have to do with America’s energy supply? In this episode, Dr. David Legates explores that question through a surprising comparison from James Taylor of the Heartland Institute. Taylor’s Diet Coke analogy exposes the flaw in politicians’ “all-of-the-above” approach to energy: when expensive sources enter the electricity mix, consumers can end up paying more for power while receiving less reliable service. As coal and natural-gas plants close, electricity demand continues ri...