Skeptic Ginger
Nasty Woman
- Joined
- Feb 14, 2005
- Messages
- 96,955
Your link (for convenience): http://www.nbc15.com/state/headlines/Walkers_Budget_Allows_Power_Plant_Sale_116223309.htmlThis story has been blown way out of proportion.
There are the big investor-owned utilities, like WE Energies in my area.
Then, many cities across the state own their own electric generation plants.
None of these are affected.
ht tp://w ww.nbc15.com/state/headlines/Walkers_Budget_Allows_Power_Plant_Sale_116223309.html
The bill refers to state owned plants that provide power directly to such places as the Capitol Building, UW-Madison campus, etc.
The desire is to strike a deal where the buyer agrees to sell power to the state at a reduced price. The state gets cash from the sale, and does not have to budget for future maintenance costs.
So, if Koch Industries master plan is to control Wisconsin's electricity supply and rape us all for billions in profits, this bill won't get it done.
The plants the state owns:
So we are talking about 34 plants.It's unclear what the market value of the plants would be. The Legislative Fiscal Bureau analyzed a similar proposal in 2005 and estimated the value of the 34 plants at $235.9 million, offset by $83.9 million in debt.
If only selling the plants was the issue, why no-bid and sole control of the sale vested in the administrative branch?
Daily Kos has an interesting take on Walker's plans:
I don't agree. I think the fake Koch Walker conversation suggests Walker thinks killing unions will get him kudos from the crowd Walker fancies himself one of.So in short:
1) Koch Brothers get their puppet Governor Walker in power
2) Governor Walker gins up a crisis
3) Democrats and Progressives take the bait and counter-protest on collective bargaining
4) Governor Walker will compromise on collective bargaining if the rest of the budget is passed as is
5) Bill passes, with trojan horse give-a-way to the Koch Brothers nested in
6) Koch Brothers will buy Wisconsin state-owned power plants for pennies on the dollar in closed unsolicitated bids for which there will be no oversight
7) Koch Brothers get the best vertical monopoly in a generation
There were also some mixed opinion pieces on the motives regarding changing one of the plants to burning biomass instead of natural gas: expense of the startup vs the resulting WI jobs it would generate. So it is not clear if any of this is to get around the long term goal of changing energy sources vs the short term goal of avoiding the investment expenses.