“We need a new tool to revitalize homegrown entrepreneurship and prosperity.”
Abandon ship! Abandon ship! Will Southern’s CEO Tom Fanning go down with the ship? He commanded Kemper’s boondoggle to work. It hasn’t anyway. King Canute commanded the tide not to come in. It did anyway. Two egomaniacs? No. Just one. King Canute knew better.
Cops can seize cash, cars and real estate without its owner ever being charged or convicted of a crime.
Southern Company is struggling to complete two nuclear plants under construction. So it pulls the plug on a planned new nuclear plant. It’s struggling with the Kemper “clean coal plant” too. No announcement yet about all its touted future “Kempers.”
…the more states support renewables, the more they pay for conventional power plants, too, using “capacity payments” to alleviate intermittency. In effect, politicians rather than markets are once again deciding how to avoid blackouts.” And we know politicians are really smart about energy as Kemper proves.
According to this, there was some politics involved. Shocking!
“Not Cost Efficient?” Well duh, it only costs 10 times as much as a natural gas plant. “I cannot imagine the company is going to be held accountable for a changing gas-price forecast.” Well duh, how about being held responsible for cooking the books?
Southern violates the first law of holes: when you are in a hole, quit digging. It keeps throwing good money after bad at its Mississippi Kemper Lignite Project. That may be because it thinks it’s throwing customer’s money. That will be the case if Mississippi’s Public Service Commission makes customers pay for Southern’s mistakes. The […]
“This is just one of the tricks the NOAA “scientists” employed to exaggerate warming: “Sounds like some of Mississippi Power’s tricks to exaggerate Kemper’s benefits.
Why we have a Department of Education: “Essentially, Carter’s argument—similar to the argument President George W. Bush used to create the bloated, expensive, and ineffective Department of Homeland Security—is that because of all the “bureaucratic buck passing,” a new bureaucracy must be created.”