The Mississippi Energy Institute sponsored and authored this post.
Federal energy policy has reached a record level of bad, making state level policy evermore important. Kudos to the Legislature and Governor Reeves for taking action this year choosing state level electric utility regulation over federal control. SB 2341, authored by Senator Joel Carter, did just that on a fairly narrow issue of interstate electric transmission construction where MS electric customer rates may be impacted. The measure passed with near unanimous votes in each chamber.
While U.S. energy policy has long been somewhat incoherent, today's national energy policy for the workhorse of our economy - the electric grid - is the worst it's ever been. Essentially, policies being pushed out of DC are to aggressively build only intermittent sources of energy (solar and wind), shut down baseload coal plants, decrease supply of natural gas, have no baseload nuclear energy policy to replace old retiring nuclear plants, and subsidize the increased electrification of vehicles and appliances. This is a recipe for high prices and blackouts, which have begun in places. Even in the midst of severe economic consequences, some states, like California and New York, continue to double down on anti-fossil fuel policies. Consequences will likely worsen in the form of unaffordable energy and supply disruptions.
Regulation is critical in the energy sector to balance standards, fairness and long-term health of complex systems.While not perfect, in Mississippi, we've managed through many years to regulate energy production and delivery to consumers far more efficiently than the political appointees in DC and, comparatively, better than most all other states.. Importantly, energy utility regulators in MS are elected to ensure customers today and years from now are getting what they want from their energy providers - affordable, reliable energy.
It's not in the interest of MS businesses and households to turn over any energy regulation to federal agencies with foolish agendas. Thanks to our policymakers here, both Republicans and Democrats, for recognizing that. While energy policies have been corrupted by politics in DC, energy issues have stayed out of the fray in MS and other like states. As long as we stay that way and keep DC out of our energy business, MS should continue to get good policy outcomes for affordable, reliable energy.
11 comments:
I find this news electrifying. There is a spark of hope in the Capitol.
I guess this is the logic behind Mr. Brown's PSC District Commissioner campaign ads on Supertalk.
I had failed to understand why the ad (on Supertalk all day long) would be about Joe Biden, liberal political correctness and keeping DC out of Mississippi.
We need to lure Disney to relocate from big-government and expanding state control to a much more business friendly state like Mississippi.
I'm just surprised that places like California and New York continue to keep businesses (entertainment, banking and financial) in such overly controlling state and local government environments. There's plenty of office space in downtown Jackson that could easily hold Citi, 20th Century Fox, and Chase, among others.
The longer we hang on to old technology and refuse to adapt, the further we fall behind. We are dead last for a reason. Texas manages their own grid and haven’t faired well.
@12:00 You are absolutely correct. There is zero government control in the City of Jackson - rampant crime, failing streets, bridges, water, sewer, etc. It is the perfect example of what you can achieve when you get government out of your business.
Translation:
The tiny groups of well connected individuals at energy co-ops want to keep our six figure salaries and government subsidies, but don’t want any accountability!
!2:00 --You're joking -- right? First, the companies aren't going to move to a city with out-of-control crime, a water crisis that is under federal court supervision, sewage running on streets and in the river, a school system that turns out graduates who can't read, on and on an don. Face it, we're worse than many third world counties. And our work force -- don't even go there. Our buildings are a joke and do you really think the executives would move to this crap hole after living in New York? OH, BUT WE HAVE AN INTERNATIONAL AIRPORT... SORT OF. Frequented by puddle jumpers going to Dallas or Atlanta. I could go on, but it's not worth the effort. By the way, have you visited the zoo lately? It's one of our finer attractions...and a disgrace.
!2:00 --You're joking -- right? First, the companies aren't going to move to a city with out-of-control crime, a water crisis that is under federal court supervision, sewage running on streets and in the river, a school system that turns out graduates who can't read, on and on an don. Face it, we're worse than many third world counties. And our work force -- don't even go there. Our buildings are a joke and do you really think the executives would move to this crap hole after living in New York? OH, BUT WE HAVE AN INTERNATIONAL AIRPORT... SORT OF. Frequented by puddle jumpers going to Dallas or Atlanta. I could go on, but it's not worth the effort. By the way, have you visited the zoo lately? It's one of our finer attractions...and a disgrace.
1:42/2:10 the problem is Mississippi not Jackson.
12:00 - Turn that cap around, cuz. 90% of the states don't have those corporate headquarters.
And you thought Mississippi is the only one.
There is zero government control in the City of Jackson - rampant crime, failing streets, bridges, water, sewer, etc. It is the perfect example of what you can achieve when you get government out of your business.
Jackson is the poster child for what happens when government abandons it's true purpose in favor of wokeness - a convenient disguise for corruption.
The fundamental role of government is provide a system (funded by taxes and staffed by elected representatives) to ensure basic collective services for communities such as... roads, bridges, law enforcement, water, sanitation, and national defense. Citizens have no way to effectively organize or fund those individually.
Jackson's mayor, and some of his bootlicker councilpersons, have no care for that concept and are only concerned with promoting and enriching themselves, even at the expense of the citizenry. I live here and I know. It's hard to accept that 'someone' is so callous as to purposefully conceal and allow the distribution of unclean drinking water and offer poor or no sanitation, but 'someone' has done that, and is continuing to do that. For money.
See also: New Orleans, Mexico, et al.
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