Skip to main content

View Diary: The rage of a dying dinosaur. (11 comments)

Comment Preferences

  •  Reading the entire press release, what they (3+ / 0-)
    Recommended by:
    gravlax, RunawayRose, RLMiller

    say may be true, but it also appears to be a politically motivated shot across the bow of the US and various state EPA's and they appear to be mapping out a negotiating position.  The Kasich administration is trying to evicerate the Ohio EPA and make it toothless and irrelevant.  Kasich stated a goal to make the pending EPA applications at any single time be less than 4, down from over 800 when he took office, a reduction of 99.5 per cent.  Of course the only way to do that is to pencil-whip every application, and make it legal in some sense to externalize their externalities.  The past practices of US environmental legislation and rule-making was to get companies to internalize their externalities, meaning take the steps necessary to prevent the pollution of the air and water, and not poison their customers and neighbors.

    If they really want to cut that much capacity a couple of thoughts come to mind.  First, if capacity is cut with on reduction in demand, then prices must rise to match the demand and to ration the energy by the pricing mechanism.

    A second dynamic may also be in play here.  It is possible that their long-term planners have seen that due to economic factors, conservation and changing to more efficient facilities, wind, solar and hydroelectric power may be coming on line to balance out the reduced coal-fired capacity.  Finally, they may have found more sources for purchasing power from grid partners, and can do without this capacity.

    Just as American oil companies have gotten by just very well by not adding any new refineries in 35 years, the electric power generation business may see the same kind of opportunity to make less power and sell what remains for more money.

    Bottom line, it looks to me like they are looking for the Republicans to come riding in on a white horse and save the day by evicerating our environmental regulations to "save" all those jobs and plants, at the expense of the people who must breathe the air they pollute.

    Republicans are like alligators. All mouth and no ears.

    by Ohiodem1 on Mon Jun 13, 2011 at 02:19:13 PM PDT

    [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site