Home
»
Trains Magazine
»
Forums
»
General Discussion
»
"Railroads can't maintain pace of coal demand"

Edit post

Edit your reply below.

Post Body
Enter your post below.
[quote user="TheAntiGates"][quote user="CNW 6000"][quote user="TheAntiGates"][quote user="YoHo1975"] Trust me when I say that lower energy bills was NEVER part of the equation. [/quote] It has been advanced in debate here,  as a carrot on the stick, many times .[/quote]Hold the phone gentlemen: Read this page ([url]http://www.gotrac.org/index.cfm?page=265[/url]) where it's clearly stated:" It's About Reducing Electric Utility Bills Increased shipments of clean coal from the Power River Basin will help meet growing consumer demand for electricity at lower prices.   [/quote] Thank you, so .....clearly  someone IS trying to make that claim. Shame that someone has zero authority to extend that  pipedream as a binding promise . I don't recall seeing gotrac even in attendance at the last PUC hearing  that I attended. I do, however, recall the last time that expert lobbyists assured electric ratepayers that reduced electric rates werea  CERTAIN  REWARD if they would just support the  unquestionably good cause being considered. The name of that pantload was "deregulation" in california, and we know now how well that "deal so good that we dare not waste time with skeptcism" turned out for everyone.  My typical season high monthly bill went from $135/mo to over $350.  Ever since then, blind trust and unbridled optimism have seemed pound foolish whenever the benefit to be realized is cast  in the light of "just you wait and see, trust me".   Bahhh! [/quote]First of all, the "pantload" to which you most elegantly refer was not true dereg, it was partial dereg.  It was created by a bunch of *well meaning* liberals who thought that it was perfectly logical to dereg the supply side of the energy markets, but not the demand (read:  consumer) side of the market.  Meanwhile, newer and stricter eco rules put the kabosh on building new power plants.  When the inevitable lack of new power sources finally caught up with the eco-apologists during the all time spike in electric demand, the consumer rates that should have gone up due to the supply/demand constraints didn't, so there was no price incentive for consumers to reduce energy usage.  Eventually, all the Cal utilities went predictably bankrupt, as they were buying merchant priced power at up to $100 mw, but selling it at the regulated consumer rate around $25 to $35 mw.[banghead]It doesn't take a genius to figure out that one.  Too bad there weren't enough over-100 IQ types in the Cal legislature at the time.And I'll bet you probably voted for all those morons, didn't you!
Tags (Optional)
Tags are keywords that get attached to your post. They are used to categorize your submission and make it easier to search for. To add tags to your post type a tag into the box below and click the "Add Tag" button.
Add Tag