Joining those frozen windmills and snowbound solar panels.
Related news here and here.
...And this. WSJ. The Midwest Wind Surtax. The latest scheme to socialize the costs of renewable energy.:
Related post: The Incomparable Janet IncompetanoYou'd think poor Michigan has enough economic troubles without the Federal Energy Regulatory Commission placing a $300 million to $500 million annual surtax on the state's electric utility bills. But on December 16 FERC Chairman Jon Wellinghoff announced new rules that would essentially socialize the cost of transmission lines across 13 states in the Midwest.
That region-wide pricing scheme, according to a study commissioned by utility companies, will force Michigan to pay about 20% of as much as $20 billion in new high-voltage transmission lines—though Michigan businesses and homeowners will get little benefit. Thanks to FERC's new tariff, nearly everything in Michigan—from cars and trucks to Frosted Flakes—will be more expensive to make. Indiana will also absorb new costs, as will industrial users and utility rate payers in Illinois, Minnesota and Wisconsin.[snip]
Let's be very clear on what's happening here: Mr. Wellinghoff and FERC are trying to establish by regulatory fiat a national energy policy that Congress has refused to endorse. Last summer Congress rejected the Obama Administration's renewable energy standard law because it would have inflated power costs. So the fiefdom at FERC is unilaterally moving ahead to require that industries and homeowners pay a surtax on their utility bills for a nonexistent renewable energy policy. This is similar to the EPA's initiatives to regulate carbon even after Congress rejected cap and trade.
2 comments:
Sounds to me like the Federal Energy Regulatory Commission isn't just "trying to establish by regulatory fiat a national energy policy that Congress has refused to endorse" -- they're succeeding.
Isn't Congress at all interested in regain control of their legislative powers? Or is the whole game just called "pass the buck"?
This country has got to get rid of a boatload of regulatory agencies and "commissions" or these commissars will be the only enterprises left in the country. And then who will write their paychecks?
Great points.
I am looking forward to this new Congress.
I agree--let's start by cutting these guys. Every effing commission.
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