“The rest of the story. Truth on Budget Cuts, Medicaid and Your Tax Dollars” – MS Truth Journal
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.
Civil asset forfeiture might be one issue where the opposite ends of the political spectrum can find agreement and Mississippi is one of the nation’s leaders on this issue.
We predicted Mississippi Power and Southern Cos would opt for a negotiated settlement of Kemper cost recovery if the free pass from Mississippi Regulators ended.
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.
Filmmakers coming to Mississippi will no longer receive a handout from taxpayers and Magnolia State brewers moved closer to being able to sell their beer on site.
According to this, there was some politics involved. Shocking!
It might be cheaper to run the Kemper Project clean coal power plant’s turbines on natural gas, but Mississippi Power wants customers to pay most of the cost for the coal gasification part of the plant.
While energy research is important, there are some experiments that the federal government needs to stop funding.