Thomas Fanning, CEO of Southern Co., Photo: Chris Goodney/Bloomberg News

Southern Co.’s New ‘Clean Coal’ Plant May Not Be Cost-Efficient

“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?

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Workers vehicles fill parking lots at Mississippi Power’s Kemper County energy facility near DeKalb, Miss., in this 2012 photo. Delays and cost overruns at the “clean coal” plant have weighed on Southern Co.’s bottom line. (AP Photo/Rogelio V. Solis, File)

Southern Co.: risky projects undercut profits, stock price

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 […]

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jimmycarterTHUMB

Why Do We Have a Department of Education? Jimmy Carter’s Debt to a Teachers Union.

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.”

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SchoolRoom4THUMB

A Bigger Pie View – Parents need to assert rights on schools.

Our view: Parents need to assert their rights on schools There are all sorts of movements seeking expanded rights in our nation. Gay rights. Gun rights. Women’s rights. But there is no movement on the right of parents to choose the best school for their child. Too many public school districts and individual schools have […]

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