Aug 5, 2015, 9:46am EDT Updated
Aug 5, 2015, 12:47pm EDT, by Tim
Echols Commissioner, Georgia
Public Service Commission.
The good
thing about listening to political speeches is you find out the real reason why
things happen. Yeah, right.
That’s the
case with the so called “Clean Power Plan” and the president’s official
roll-out of it Monday. And while the president has a right to his own opinion,
even about energy, his Environmental Protection Agency’s “Clean Power Plan” is a
mistake. Let me explain.
Fallacy
No. 1: If we lead the way, the world will follow.
The
president said, "The only reason that China is getting serious about their
emissions is because of us." Throughout his speech, and throughout the
comment period of this new EPA rule, the Obama administration assumes that if
America will only get serious about climate change, the world will follow.
But can the
world afford to follow us?
Truth be
told, Germany has led the way in energy transformation. They declared war on
coal and nuclear, and set an unbelievable goal to be at 50 percent renewable by
2030 and 80 percent by 2050.
German
families now pay three times what most Americans pay for power. Companies like
BMW are moving certain manufacturing processes “offshore” to America because of
the cheap energy prices, particularly to states like South Carolina and
Georgia. They’re learning about the true costs of government-mandated clean
power.
The
president’s ideas sound much like the German experiment. My guess is that
India, China and other countries will smile and nod at the president, but then
spend billions buying the very coal we used to burn. Sadly, their plants will
not be near as clean-burning as ours, and the net result in the world after the
president’s plan could be an increase in carbon—instead of a reduction.
Wait, what?
Fallacy
No. 2: If we don’t act now, it will be too late.
In fact,
the president said the earth was “fragile” and that inaction on our part would
disrupt the lives of millions. But we have made great progress in some of the
things he wants to do.
Think about
it. Georgia, a strong red-state run by Republicans, is the fastest growing
solar state in the nation, had more clean energy jobs than any state in the
first quarter of 2015, and is second only to California in electric cars. We
have reduced our CO2 since 2005 by over 30 percent, and real pollutants like
mercury, sulphur and nitrous oxide have been reduced by over 85 percent since
1990.
My
point—we’re on the right track without a punitive, overreaching federal rule
that usurps state authority and mandates accelerated investment.
In 2005, 52
percent of Georgia Power’s generation was coal. By
2015, it was 32 percent. In 2005, 27 percent of Georgia Power’s generation was
powered by natural gas, and in 2015 it was over 49%. Plus, we’re building two
new carbon-free nuclear reactors.
In fact,
one of these reactors will supply more power than all of Georgia’s
solar—combined. We have built a model here in our state that provides
flexibility so that we can use the most cost effective fuel source at any time.
Under Obama
EPA’s rule, that will be over. Why? Because the president says the sky is
falling, and without America’s immediate action the planet as we know it will
cease to exist. The weight of the world is on our shoulders, he said. We must
act, and “it will hurt,” he said. He’s right about one thing – it will hurt.
Right in our wallets.
Fallacy
No. 3: Taking a stand against climate change is a moral obligation.
That is a
direct quote from the president of the United States. When we talk about “moral
obligations,” we open a can of worms—a list so large it would overwhelm even
Mother Teresa.
If the
president wants to discuss “moral obligations”, what about the obligation of
the U.S. government to honor its commitment to address the long term storage of
the nation’s spent fuel inventory.
According
to the Nuclear Energy Institute (NEI), the typical reactor creates about 20
metric tons of used nuclear fuel per year. Over the past four decades, the
entire industry has produced 74,258 metric tons of used nuclear fuel. That
amount already exceeds the capacity of Yucca Mountain, the designated
repository for permanent waste. Yet Georgia is not allowed to even reprocess
this nuclear material and extract the remaining energy from it because
of—yes--binding federal rules and regulations.
The
inaction of the federal government to dispose or recycle this waste they
promised to pick up actually serves as a disincentive to states that might
follow Georgia’s lead in building this carbon-free, ultra-reliable source of
power generation.
The federal
government technically owns the waste, and made a promise to pick it up and
safely dispose of it. In fact, they attached a fee to every kilowatt hour of
power generated at our carbon-free nuclear plants, yet not one ounce of waste
has been picked up. That “moral obligation” trumps any new regulation in my
book.
Wouldn’t it
make more sense to deal responsibly with the spent fuel from our nation’s
nuclear fleet before imposing such cumbersome rules on virtually every state
over carbon dioxide—something every plant and tree must have to survive?
Like so
many political issues, criticizing carbon has become politically correct, and
the president’s rhetoric has whipped people into a frenzy.
At the
Georgia Public Service Commission, we have gone to great lengths to create a
diverse portfolio to protect our ratepayers. This rule unravels all the
planning we have done for the last 20 years.
Under this
rule, a good economy becomes our enemy, and a polar vortex could trigger a
substantial fuel cost increase.
Under this
rule, the EPA would force us to abandon another 3900 MW of fossil generation
without regard to the $5 billion invested to install environmental controls.
I can only
hope that a court might grant a stay of this rule until the costs to ratepayers
can be properly analyzed and compared to the alleged benefits.
http://www.bizjournals.com/atlanta/news/2015/08/05/viewpoint-epas-clean-power-plan-is-a-mistake.html
Comments
I
support Tim Echols’ objections to Obama’s EPA Plan, but he doesn’t go far
enough. I wouldn’t spend a dime on solar or wind. I would quit the UN for
perpetrating the global warming hoax and the carbon reduction scam and impeach
Obama for wasting $4 trillion on this treason. Carbon dioxide is plant food.
The only man-made climate change comes from the HAARP weather weapon used to
drag hurricane Sandy on-shore.
Norb
Leahy, Dunwoody GA Tea Party Leader
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