Wednesday, August 8, 2007

Who Says Democrats Don't Have A Plan?

First it was Governor Crist if Florida, got the second caol plant cancelled, sure he says he didn't, but he did.
The Florida Public Service Commission last month denied a proposal by FPL Group Inc.'s Florida Power & Light Co. subsidiary to build a US$5.7 billion, 1,960 MW coal-fired power station in Glades County. The state utility regulator cited concerns about construction and future coal prices.

After that rejection, FPL warned the state might be putting all of its eggs in one basket by over relying on natural gas fired generation.

source
2,000 megawatts, where will it come from in the future?

Now we have another story, Harry Reid wants to cancel coal fired plants in Nevada.
In the week since Senate Majority Leader Harry Reid said he would do everything he could to block three proposed coal-fired power plants in Nevada, this much can be said:

He probably can carry off his threat, especially since they would be constructed on federal land. Just look at how he has stalled a waste repository at Yucca Mountain, where so much more is at stake for the nuclear power industry, which is clamoring for a place to bury radioactive fuel rods.

Environmentalists are embracing Reid's bold pronouncement, welcoming the high-profile addition to their campaign to shift the country away from fossil fuels at a pivotal moment.

source
A rough estimate of what it would cost to build a clean coal plant is about $600 million more than a normal coal fired plant. This would be the cost to sequester about 30-40% of the CO2 gas, which makes the price of electricity about twice the cost as supplied by a conventional coal plant, or a natural gas fired plant. At that price point, it is becoming un-economic to build. Depending on a limited supply of natural gas has it's risks, the likely outcome will be the same as it is today with gasoline.

So what is going on?

It looks like carbon taxes are not that popular, so the greenies and globull warming alarmists need a new way to limit the human race, a stealth way if you will, and that way is market driven. A silent approach, hoping no one notices until it's too late.

The new globull warming plan for these alarmists is to starve the market for electricity, drive up the price and force cutbacks, since no one can afford to pay. Simple economics. Everything else these globull warming zealots have tried has failed, carbon taxes are a non-starter, they are now in stealth mode which if not exposed now, will likely succeed. By the time the public catches on, it will be too late to do anything about it. Power plant construction, like refinery construction, oil well drilling, takes years and costs billions.

Notice the fix for high gas prices the Democrats promised, $16 billion in new taxes on the oil companies -- Some fix, not a new well or refinery in sight. Sounds like the 1970s of Jimmuh Carter, windfall profits, gas rationing, long lines, slowed economy, all those good liberal things. No one can quite tell me why wrecking the US economy makes liberals feel so good about themselves, but it does. Why else are we not drilling in ANWR and elsewhwere?

This is the Democrats carefully calculated plan, starve the market of supply, drive up prices, high prices force conservation, not an accident. Who says Democrats don't understand supply side economics.

No comments: