Kemper-facility-aerial-view-33

Clean coal power plants face serious problems

So-called clean coal power plants might not be the answer to new EPA regulations governing the reduction of carbon dioxide. By Steve Wilson | Mississippi Watchdog | June 5, 2014   So-called clean coal power plants might not be the answer to new EPA regulations governing the reduction of carbon dioxide. The EPA released Monday new requirements for Mississippi that would […]

Continue Reading
2014_06_03_MScrony3

Favoritism and Cronyism Flourish in Mississippi

When a new megadeal with a corporation moving to Mississippi is announced, politicians hold a news conference, cut a cake, boast about the number of jobs created and toss some dirt with gold shovels. by Steve Wilson – Watchdog.org |  June 03, 2014 | TheDailySignal.com When a new megadeal with a corporation moving to Mississippi is […]

Continue Reading
Port_03

Gulfport port plan shows the pitfalls of central planning

The free market is the best way to allocate capital. Government planning is one of the worst, yet the Gulfport port expansion is looking like a classic case of poor government planning. By Wyatt Emmrich | Editorial | The Northside Sun | May 2014 When hurricane Katrina hit the coast nine years ago, the federal […]

Continue Reading
Crony-capitalism3

Top 10 crony capitalism deals in Mississippi

A big part of Mississippi’s political landscape has been its willingness to use massive government incentives to lure business. Here’s 10 of the state’s most expensive and sometimes most notorious incentive deals over the past 30 years. A big part of Mississippi’s political landscape has been its willingness to use massive government incentives to lure business. […]

Continue Reading
RSA-tower-3-1024x6843

Public pension systems in Alabama and Mississippi face financial peril

A new report on Alabama’s public pension system offers some startling facts on the system’s woes, but offers a prescription for reform that could be a blueprint for Mississippi’s system. A new report on Alabama’s public pension system offers some startling facts on the system’s woes, but offers a prescription for reform that could be a blueprint for Mississippi’s […]

Continue Reading
EmmerichWyatt2012-color3

The Kemper dilemma – Editorial by Wyatt Emmerich

One has to start wondering whether Mississippi Power Company will ever generate a kilowatt of electricity from coal gasification. One has to start wondering whether Mississippi Power Company will ever generate a kilowatt of electricity from coal gasification. Last week, the utility’s parent company announced yet another cost overrun and further delays at its experimental […]

Continue Reading
shopping-mall3

Another example of crony capitalism thriving in state

Are taxpayers being shopping mauled? In 2013, the Legislature passed a measure creating a “cultural retail attraction,” or CRA, incentive to reimburse developers of outlet malls for up to 30 percent of construction costs. The bill aided Yates Construction and its affiliate Spectrum Capital, the firms that built the Outlets of Mississippi in Pearl. Those […]

Continue Reading

Kemper Project costs rise another $177 million

The cost of Mississippi Power’s Kemper Project plant continues to rise. Additional construction and startup costs will likely cost $177 million, according to the an 8-K filing with the Securities and Exchange Commission. The Southern Co., Mississippi Power’s parent company, disclosed the filing Wednesday. The cost of Mississippi Power’s Kemper Project plant continues to rise. Additional construction and […]

Continue Reading
mec3

State’s Creative Economy potential to be focus of MEC annual meeting

Leaders from across the state are showing great confidence in the direction Mississippi is moving and in the ability to improve its economic competitiveness Leaders from across the state are showing great confidence in the direction Mississippi is moving and in the ability to improve its economic competitiveness, the Mississippi Economic Council (MEC) says in […]

Continue Reading
Kior-plant-300x2003

Miss. rolls dice by making high-risk wagers on green energy with taxpayer money

FROM TREES TO FUEL: KiOR’s Columbus , Mississippi plant is designed to turn biomass into gasoline and diesel fuel. PHOTO BY: KiOR Companies have placed high-risk wagers with Mississippi tax dollars on green energy. Now, those bets are coming due.   FROM TREES TO FUEL: KiOR’s Columbus, Mississippi plant is designed to turn biomass into […]

Continue Reading