tag:blogger.com,1999:blog-2447438783001404385.post3116127442361186245..comments2024-03-28T16:40:06.517-05:00Comments on Jackson Jambalaya: Bigger Pie's Charles Grayson: Death by a thousand cuts at KemperKingfishhttp://www.blogger.com/profile/06184990110961727404noreply@blogger.comBlogger22125tag:blogger.com,1999:blog-2447438783001404385.post-86453570719296291412017-03-16T21:50:17.985-05:002017-03-16T21:50:17.985-05:00Do the people who led us to this foreseeable (ther...Do the people who led us to this foreseeable (there was a fracking revolution, right?) dead end have regrets sufficient to prevent them passing on the burden of Kemper to the innocent rate payers? Do they have regrets at all? Will the MPSC end up with regrets?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-90004831596696601222017-03-16T21:13:22.856-05:002017-03-16T21:13:22.856-05:00"This is an unbelievable accomplishment, and ...<i> "This is an unbelievable accomplishment, and it''s a game changer for our country," he said. <br /><br /> <br /><br />Barbour recalled when the idea was first presented to him. The notion of turning wood chips and agricultural waste into fuel sounded like the alchemists of old claiming they could turn straw into gold. <br /><br /> <br /><br />"It''s almost like making gold out of straw," Barbour said of the technology, which reduces nature''s process of breaking down biomass over the course of decades into a matter of seconds. <br /><br /> <br /><br />"It does sound like science fiction, even though I have explained (the process) a number of times," admitted Fred Cannon, CEO of Kior. </i><br /><br />http://www.cdispatch.com/news/article.asp?aid=11284<br /><br />Kemper only function so far is employing parasites and vaporizing ratepayer and taxpayer money.<br /><br />BUUUUUT... ALL the lobbyists got paid, UPFRONT!<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-20385135147826852372017-03-16T20:49:15.676-05:002017-03-16T20:49:15.676-05:007:55: Beef Plant 2? I wish! More like Beef Plan...7:55: Beef Plant 2? I wish! More like Beef Plant times a thousand! Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-77634803654113189922017-03-16T20:21:50.708-05:002017-03-16T20:21:50.708-05:00I wonder how Haley's valet and shoeshine boy, ...I wonder how Haley's valet and shoeshine boy, Leonard "I own Kemper" Bentz, is feeling about his pet economic development project these days?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-586288425786316942017-03-16T19:55:02.319-05:002017-03-16T19:55:02.319-05:00Beef plant 2.Beef plant 2.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-24038611195254071642017-03-16T18:01:02.923-05:002017-03-16T18:01:02.923-05:00SO and MPC can't say when they will have the p...SO and MPC can't say when they will have the plant open, but their deadline to both open and start a rate case at the MPSC is June 3. Commissioner Britton is quoted as saying that June 3 is a "firm deadline" for a rate case; the deadline is just 2 1/2 months away. Think they'll make it? The plant remains unused and useless because in comparison with Natural Gas the plant can't be economically operated. Opening the plant as a lignite gasification plant will not benefit the "public convenience and necessity". Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-80394233258680306212017-03-16T13:07:36.013-05:002017-03-16T13:07:36.013-05:00More Kemper WIN!
JACKSON, Miss. (AP) - After a tu...More Kemper WIN!<br /><br /><i><a href="http://www.wtok.com/content/news/Kemper-plant-misses-another-deadline-after-leak-416346693.html" rel="nofollow">JACKSON, Miss. (AP)</a> - After a tubing leak in part of its Kemper County power plant, Mississippi Power Co. now says it's unsure when the $7 billion plant will be finished.<br /><br />With the plant three years behind schedule, the Atlanta-based Southern Co. says it won't meet the latest deadline of mid-March. Mississippi Power will update the schedule and cost of the plant next month.</i><br /><br />Related SEC Southern Company/Mississippi Power 10K filing with filing date of March 16, 2017: <br /><br />http://d18rn0p25nwr6d.cloudfront.net/CIK-0000092122/6770306f-c8af-499a-b5fa-96f6cb221d1e.pdfAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-3371295737418959782017-03-16T09:48:39.240-05:002017-03-16T09:48:39.240-05:00Sometimes things work out and sometimes they don&#...Sometimes things work out and sometimes they don't, but usually you don't have to spend three or four or seven billion dollars before you figure out it's not going to work out.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-32092662230840725162017-03-15T22:32:40.739-05:002017-03-15T22:32:40.739-05:00Gov. Phil Bryant signs bills ratifying Mississippi...Gov. Phil Bryant signs bills ratifying Mississippi Power rate increases for Kemper project (updated)<br /><br /><i>JACKSON, Mississippi -- Gov. Phil Bryant signed two bills into law Tuesday, codifying a settlement between the Public Service Commission and Mississippi Power Co. over the company's Kemper County power plant. Mississippi Power, a unit of Atlanta-based Southern Co., filed for a 7-year-rate plan as contemplated under one of the laws less than two hours after Bryant approved the measures. The other law that Bryant approved allows Mississippi Power to sell up to $1 billion in bonds to pay Kemper costs over $2.4 billion.<br /><br />Tuesday was the last day for Bryant to act before the bills became law without his signature. <b>He repeated his support for the plant in an interview with The Associated Press. Bryant has previously said the plant, with its plan to gasify soft coal mined nearby, is an important element of an energy policy for the state<br /><br />"I think we've gotten a strong show of support from the Legislature, but the most important point to me is carrying through with our responsibility to the people who work there," Bryant said. "Hopefully, this will keep the cost of energy low in the future."</b></i><br /><br />http://blog.gulflive.com/mississippi-press-news/2013/02/gov_phil_bryant_signs_bills_ra.html<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-36582634853963415982017-03-15T22:18:12.506-05:002017-03-15T22:18:12.506-05:00Gov. Phil Bryant announces Energy Works: Mississip...<br />Gov. Phil Bryant announces Energy Works: Mississippi's Energy Roadmap (updated)<br /><br /><i>Southern Co. CEO Thomas Fanning reiterated support for the coal-fired plant that its Mississippi Power Co. subsidiary is building in Kemper County, despite the cost rising to $2.8 billion.<br /><br />"<b>There's a big capital cost, I get that, but the energy coming out of this technology will be super-cheap,</b>" Fanning said.<br /><br />He said Kemper's technology, which would capture carbon dioxide and other byproducts and sell them to other users is "a home run, not only for the state of Mississippi but for America and the world."<br /><br />Fanning warned against relying too much on natural gas, though Southern Co. is currently burning gas for 47 percent of its power. He said coal and nuclear should be kept viable, indicating that's why his company is building Kemper as well as new nuclear reactors in Georgia.<br /><br /><b>Bryant also repeated his support for the Kemper plant. When asked if the Public Service Commission should reverse itself and grant Mississippi Power a rate increase now, Bryant said he'd leave that up to the PSC.</b></i><br /><br />http://blog.gulflive.com/mississippi-press-news/2012/10/gov_phil_bryant_announces_ener.html<br /><br /> Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-860349555671786152017-03-15T21:33:30.501-05:002017-03-15T21:33:30.501-05:00Does Worker Comp Commission provide cowboy boots f...Does Worker Comp Commission provide cowboy boots for its three members? If not, they will soon.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-47041312354433080262017-03-15T18:42:57.423-05:002017-03-15T18:42:57.423-05:00
Southern Company Says Kemper Not Viable as Coal P...<br />Southern Company Says Kemper Not Viable as Coal Plant, Blames the PSC<br /><br />http://www.climateinvestigations.org/southern_company_kemper_not_viable_as_coal_plant_and_it_s_the_psc_s_fault<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-10555704338532682182017-03-15T14:57:12.149-05:002017-03-15T14:57:12.149-05:00I don't think the Meridian Star has ever heard...I don't think the Meridian Star has ever heard a Haley Barbour idea that they don't like:<br /><br /><a href="http://www.meridianstar.com/opinion/editorials/bill-just-makes-sense/article_677a0720-fa06-556a-bce4-b38f1e424d06.html" rel="nofollow">Bill just 'makes sense'</a><br /><br /><a href="http://www.meridianstar.com/opinion/editorials/kemper-county-plant-decision-a-no-brainer/article_f0b54bb1-a533-5977-85a4-440090fcfd82.html" rel="nofollow">Kemper County plant decision a no-brainer</a><br /><br /><a href="http://www.meridianstar.com/news/local_news/governor-haley-barbour-applauds-psc-s-decision-on-plant/article_7b6c4588-2c93-55c6-941f-7260fbb7f03f.html" rel="nofollow">Governor Haley Barbour applauds PSC’s decision on plant</a><br /><br />Some major spin here as Crawford throws some FUD over natural gas:<br /><br /><a href="http://www.meridianstar.com/opinion/columns/kemper-plant-a-prudent-investment/article_190940df-a123-55b7-a779-95aa876ee957.html" rel="nofollow">Crawford: Kemper plant a prudent investment</a><br /><br />Which is the exact same talking points that Haley and all the others were throwing all along. Right Bill?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-15980651800016852412017-03-15T14:50:24.368-05:002017-03-15T14:50:24.368-05:00The real question should be, "who got fat off...The real question should be, "who got fat off of this?" (besides Haley, we know his snout is always first in the trough). <br /><br />And yes, we will all pay for it. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-26833563495824696392017-03-15T14:39:23.460-05:002017-03-15T14:39:23.460-05:00Put your chest-high waders on before you jump into...Put your chest-high waders on before you jump into this <a href="http://www.meridianstar.com/news/local_news/former-gov-haley-barbour-defends-kemper-plant/article_bf0dc033-712b-58cc-8dd9-c20c0e0336fb.html" rel="nofollow">massive discharge of Haley Barbour sewage</a> from October 2013:<br /><br /><i>"The law changed while I was governor to allow the companies to start collecting earlier because it keeps the rates lower," Barbour said. "… It keeps the debt load down because you don't have as high of payments. At the end of the day, you will pay the same but you will pay less per month, which for most households is a bigger issue."</i><br /><br />Translation: When I was Governor I pushed the Legislature to pass SB 2793 (2008) so that our monopolistic power companies could use Mississippi ratepayers like slave shareholders in an investment bank that never returns any money to its special class of ratepayer investors.<br /><br /><br /><i>Barbour countered that although natural gas prices are relatively cheap in the U.S. at $3.60 per 1 million BTUs, <a href="http://www.infomine.com/investment/metal-prices/natural-gas/all/" rel="nofollow">he predicts they will eventually go up and pointed to the $11.87 per $1 million BTUs natural gas</a> is selling for in Europe.<br /><br />"You cannot believe the price of natural gas is going to stay the same," Barbour said. "As supplies increase and oil prices stay at $100 a barrel or more, it is inevitable we will see natural gas used as a motor fuel, because it is so much cheaper for the equivalent and it's going to grab more and more of the market share for motor fuels, particular for heavy trucks."</i><br /><br /><br />Then, for fun, the reporter makes the obligatory mention of the blind trust gag because who is going to challenge Haley Barbour. Right? Of course nobody tells you that Reeves Barbour held down the lobbying chore$$$$$ during Haley's time away. And we all know that <a href="http://kingfish1935.blogspot.com/2016/04/king-sues-barbour-for-alleged-beating.html" rel="nofollow">Reeves was more than qualified</a> to do the job.<br /><br /><i>Mississippi Power Co., a subsidiary of Southern Co., has long been represented by BGR, the Washington lobbying firm Barbour co-founded more than a decade before he became governor, according to an Associated Press article published last month.<br /><br />Barbour acknowledged the financial link between Southern Co. and BGR during a luncheon speech, the AP article states.<br /><br />"He noted after the speech that he was not working for BGR while he was governor; his assets were in a blind trust," according to the article.</i>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-46135929284404269702017-03-15T13:59:52.133-05:002017-03-15T13:59:52.133-05:00Who can forget when hooked-in-the-gill water carri...Who can forget when hooked-in-the-gill water carrier <a href="http://www.meridianstar.com/opinion/columns/blanton-court-make-higher-rates-likely-for-mpc-customers/article_15cb8356-2f52-11e5-badf-7b84d5067a49.html" rel="nofollow">Chicken Little Crawford (July 2015) decided to shoot this messenger</a>:<br /><br /><i> For years, communities, businesses, and consumers in southeast Mississippi have counted on Mississippi Power Company for far more than electricity. The company has been a valued partner in economic development projects, disaster recovery (especially after Katrina), fights to save military bases, and more. Further, company leaders frequently provide effective leadership for statewide initiatives.<br /><br />For Hattiesburg oilman Thomas Blanton and others to gloat because they got an activist supreme court to strike down a rate mitigation plan for the company’s new Kemper power plant, and portray of this longtime, good corporate citizen as criminal, is over the top.<br /><br />Indeed, communities, businesses and consumers may want to take a sober look at what happened.<br />~~~~~~~~~~<br />Hopefully, the commission and the company will negotiate, as they did before, a rate plan to mitigate the impact on customers. The alternative may be a 40% rate increase in the near future.<br /><br />A financially weak utility, requiring higher rates than those negotiated previously, benefits nobody. Customers should look to Blanton and the court if that happens.</i>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-61019108181234206702017-03-15T13:45:51.908-05:002017-03-15T13:45:51.908-05:00Southern company should have to pay the cost overa...Southern company should have to pay the cost overage and let their stock valuation go down and dividends stop. They can also lower executive pay. Then maybe the shareholders will throw the bums out. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-64028491674989860852017-03-15T13:20:34.844-05:002017-03-15T13:20:34.844-05:0011:26 am: Be assured that if all of Southeast MS ...11:26 am: Be assured that if all of Southeast MS is hit with the bill for this Unused and Useless lignite gasification plant that is too expensive to even maintain and operate, then all of Mississippi's economy and tax base as a whole will suffer as $4.2 Billion is transferred from Mississippi ratepayers to owner of Mississippi Power, Southern Company, in Atlanta. Hopefully the current Mississippi Public Service Commissioners will not allow that. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-90474170642325383912017-03-15T12:26:48.514-05:002017-03-15T12:26:48.514-05:0011:26 am. But all of Southeast MS including Merid...11:26 am. But all of Southeast MS including Meridian down to the Coast Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-6800767120997068732017-03-15T11:26:46.017-05:002017-03-15T11:26:46.017-05:00I don't care about Kemper County. I only spend...I don't care about Kemper County. I only spend money in Madison. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-29040058066174572102017-03-15T11:05:33.665-05:002017-03-15T11:05:33.665-05:00No one allows me to pass on my mistakes to someone...No one allows me to pass on my mistakes to someone else. I've taken a bath on a few bad investments. Took my medicine and moved on. Southern Company should be required to do the same. You buy stock in a company, they make a bad decision, your stock loses value. Tough luck Southern Company, you should of done your homework. To force MS ratepayers to pay for your total screwup is wrong. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-63837710535335747162017-03-15T10:43:50.359-05:002017-03-15T10:43:50.359-05:00Thank you Haley Barbour. The greatest bullshit ar...Thank you Haley Barbour. The greatest bullshit artist in the history of Mississippi politics.Anonymousnoreply@blogger.com