Posts Tagged ‘Kemper Plant’

Peak Idiocy

Peak Idiocy

Peak idiocy is an apt description of the Kemper County Lignite craze that possessed a former governor, the Mississippi Public Service Commission before the last election, and other notables.  I borrowed the term from a recent article in Investor’s Business Daily entitled “Goodbye, OPEC” which asked this question: “Doesn’t it seem like yesterday when the left was running around shrieking about ‘peak oil?’ More like peak idiocy.”  Not just the left, it seems.

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Standing Firm and Pushing Back:  The PSC Tilts the Scales Toward the Consumer

PSC Tilts the Scales Toward the Consumer

MPCO brazenly threatens recovery of all costs associated with the gasifiers, definitely not in the best interests of its customers.  The PSC tilts the scales toward the consumer threatening a Show Cause Order which demands MPC prove the need of the Kemper Project in the first place or risk having the entire site closed resulting in total write offs of $7.6 billion.

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I Don’t Always…

I Don't Always...

I don’t always believe stories from Mississippi Power or from its parent Southern Company about the Kemper Lignite Plant.  But when I do, it’s because I’ve been kidnapped, tortured, drugged, and forced to watch endless video loops of CNN and MSNBC and Chris Mathews.

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A Bigger Pie View – Southern Company Blues

BB King

This piece from Seeking Alpha is designed to be the “chicken soup for the soul” for potential Southern Company investors.  The piece says that the utility presently has the “blues” with billions in cost overruns for the Kemper Project coal gasification power plant…

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The PSC and the MRC

Mississippi Public Service Commission (PSC) and the Mississippi River Commission (MRC)

What do the Mississippi Public Service Commission (PSC) and the Mississippi River Commission (MRC) have in common? Both have presided over multi-billion dollar project failures.

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