There is an interesting article here at the StarNews discussing the new natural gas plant. Buried in the middle of the story is the REAL story:
The utility’s conversion of coal plants to natural gas is the No. 1 reason it is seeking a 14.2 percent increase in residential rates, the company stated in a rate filing request last week.
Hmm. . Who does that hurt the most? Fixed incomes? The poor? Absolutely!
When the folks on the political left talk about “clean energy” they ultimately are wanting to get rid of cheap, abundant energy. They are also wanting to force the purchase of expensive energy and distort capitalism by artificially increasing energy costs. It always hurts the poor the most.
But this is how you move forward on getting to “greener” technology and away from abundantly cheap coal that can be burned cleanly.
So when we talk about a massive increase in utilities, it wasn’t because there was a need, it was because it was being forced. Truth is, regulations make power more expensive and that always hurts those who can least afford it and also businesses who must pay it.
Charles Lane has an excellent overview of this apparent contradiction here at the Washington Post.Read full article » 1 Comment »