Free Republic
Browse · Search
News/Activism
Topics · Post Article

The bad power news just keeps coming. Biden is corrupting business decisions with the incredibly stupid "Inflation Reduction Act." Companies are shuttering perfectly good fossil plants to suck up the IRA money. Then the companies have the gall to say that funding will "help the utility reduce the risks to customers of higher energy bills due to retiring stranded assets." The only reason these assets are "stranded" is the God Damned government stranded them with its horrendous energy policy.

They are going to buy new intermittent renewable energy that willl not keep the electrical system running reliably. This is utter insanity.

How can the boards of these companies make these incredibly stupid financial decisions on behalf of their customers and their boards?

Are there NO people with courage at any of these companies that will stand up and say:

The Craig Generating Station has operated in northwest Colorado for more than 40 years. Unit 1 at the coal-fired plant is set to close in 2025, with Units 2 and 3 scheduled to be retired no later than 2028. Courtesy: Tri-State Generation and Transmission Association


1 posted on 12/04/2023 12:27:21 PM PST by ProtectOurFreedom
[ Post Reply | Private Reply | View Replies ]


Navigation: use the links below to view more comments.
first previous 1-2021 last
To: ProtectOurFreedom

Every decision increases unemployment


54 posted on 12/05/2023 3:37:48 AM PST by dkGba
[ Post Reply | Private Reply | To 1 | View Replies ]


Navigation: use the links below to view more comments.
first previous 1-2021 last

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson