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Author Topic: FERC Shouldn't Be Picking Energy Winners and Losers  (Read 190 times)

TShepstone

  • Posts: 2030
FERC Shouldn't Be Picking Energy Winners and Losers
« on: October 22, 2017, 03:18:08 AM »
FERC Shouldn't Be Picking Energy Winners and Losers

FERC has no business picking energy winners and losers. Sadly is what DOE seems to want and is now proposing.

http://naturalgasnow.org/ferc-shouldnt-picking-energy-winners-losers/

claude

  • Posts: 129
Re: FERC Shouldn't Be Picking Energy Winners and Losers
« Reply #1 on: October 22, 2017, 10:54:33 AM »
"Guaranteeing cost recovery for certain types of generation would destroy electricity markets. For obvious reasons, investors would immediately favor those investments where the government guarantees their returns."

The FERC is already guaranteeing cost recovery for natural gas power generating plants, namely, FREE underground storage on private landowners' property.

The Federal Government, FERC, state governments, and courts have conspired with gas and pipeline companies to take over private property by imminent domain and illegal perpetual leases. this violation of the 5th amendment is across 31 states in the USA. The 415 very valuable underground storage areas belong to private landowners. landowners are being robbed by the Federal Government, FERC, state governments, courts, and gas and pipeline companies.

Georgeguy

  • Posts: 579
Re: FERC Shouldn't Be Picking Energy Winners and Losers
« Reply #2 on: October 23, 2017, 12:53:19 PM »
Mr Shepstone is exactly right.
The Trump administration is pushing a plan that will guarantee profits for nuclear and coal power generation, at the expense of all other sources.
Those who voted for a president who promised to cut government interference in the economics of energy production have every reason to feel betrayed.
Natural gas will be the biggest loser.

One of the  curious results of the Trump/Perry plan is that it has united Tea Party activists, environmentalists, and the oil and natural gas industries in opposition.

See Wall St. Journal 10/23/2017 for summary.

George

Rockdale

  • Anties
  • Posts: 6041
Re: FERC Shouldn't Be Picking Energy Winners and Losers
« Reply #3 on: October 23, 2017, 01:05:33 PM »
Mr Shepstone is exactly right.
The Trump administration is pushing a plan that will guarantee profits for nuclear and coal power generation, at the expense of all other sources.
Those who voted for a president who promised to cut government interference in the economics of energy production have every reason to feel betrayed.
Natural gas will be the biggest loser.

One of the  curious results of the Trump/Perry plan is that it has united Tea Party activists, environmentalists, and the oil and natural gas industries in opposition.

See Wall St. Journal 10/23/2017 for summary.

George
>>> Your comment is, unfortunately, in line with present realities.  The Federal government has chosen to come in on the side of the coal and nuclear interests when a good alternative exists with natural gas as a substitute electric power producer.  Adding to that distortion of the market is the parallel action by the other major political party, in the form of Governor Andrew Cuomo, who has chosen to keep open two nuclear power plants in upstate New York by forcing electric power customers and state tax payers to subsidize their operation.  The upsurge in usage of natural gas to make electricity has prevented a total calamity in the natural gas industry in regards to prices, but a whole lot better conditions would prevail if natural gas didn't have to struggle with governments at all levels working to keep its competitors in business.

 


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