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 […]
The PSC has not been useful. It does not deserve customers’ trust. Or the publics’. Or the legislatures’. It does not deserve more responsibility. Can the new Chairman and commissioners restore trust?
The Kemper clean lignite project is a cancer in Mississippi’s economy. It must be treated quickly if Southeast Mississippi’s economy is to avoid an agonizing death spiral.
U.S. taxpayers could be joining Mississippi Power ratepayers on the hook for the soaring costs of the Kemper Project clean coal power plant.
Yes, elections have consequences. Hopefully “…more jobs, more revenues, more wealth, higher wages, and lower energy prices.”
“Kelley Williams, chairman of the Bigger Pie Forum…said he suspects even the current estimate is a ‘low-ball number.’”
When talking about the Kemper Project clean coal power plant, it’s easy to get hung up on the plant’s capital costs, now up to nearly $6.9 billion.
…the Roman Empire began to weaken and decay because it lacked the ideas and ideology that are necessary to build upon and safeguard a free and prosperous society: a philosophy of individual rights and free markets.
Kemper flunks Economics 101. The PSC flunks Human Nature 101. Customers don’t want to pay more to make environmentalists happy – or to pay for the PSC’s and Mississippi Power’s mistakes. They shouldn’t have to.
When Mississippi Power needs something from the Legislature, it isn’t bashful about spending the lobbying dollars needed to get it done.