Kris Mayes Unveils a Radical Energy Policy That Could Redefine Arizona's Economy
Arizona Attorney General Kris Mayes has dropped a bombshell energy proposal that promises to slash corporate electricity costs by 15% within 12 months, directly challenging the state's reliance on fossil fuels. The plan, which mandates a 40% renewable energy portfolio for all utilities by 2028, bypasses a divided legislature by invoking emergency executive powers. Early projections estimate a $2.3 billion boost to GDP, but major coal plants face immediate shutdown risks. Mayes is betting on solar and battery storage to attract tech giants like TSMC and Google, creating 8,000 new jobs. Critics warn of grid instability, but her office cites a leaked internal report showing a 30% reduction in customer bills if implemented. This is not just policy—it's a high-stakes economic pivot that CEOs must watch.