Category Archives: Georgia

Videos of Shareholder Questions to Southern Company @ SO 2012-05-23

Slides and sound for Southern Company (SO) CEO Thomas A. Fanning’s main presentation at the 23 May 2012 SO shareholder meeting are available from SO on their website. SO doesn’t seem to have posted videos yet, although they had professional video equipment in use, and I was told just after the event that their videos would be on the web later that same day.

These items have already been blogged about this meeting:

I missed at least one questioner: Colleen Kiernan, Director of the Georgia Sierra Club. I plead unfamiliar cameras. Maybe soon SO will publish its own videos. SO was using a camera in front of the questioners, so you should be able to see them better.

Related blog posts:

Many more blog posts are in the nuclear category in the blog.

Here’s a video playlist for the 23 May 2012 SO shareholder meeting:

Videos of Shareholder Questions to Southern Company
Shareholder Meeting, Southern Company (SO),
Callaway Gardens, Pine Mountain, Georgia, 23 May 2012.
Video by John S. Quarterman for Lowndes Area Knowledge Exchange (LAKE).

-jsq

Why did old US 41 N increase from $8 M to $12 M? —John S. Quarterman @ SGRC 2011-09-19

I asked why the Old US 41 North widening project changed from $8 million on the unconstrained list to $12 million on the constrained list, an increase of $4 million or 50% when the description did not change? The answer indicates GDOT and local governments want to drive development north in the county, leaving pedestrians and bicyclists stranded yet having to pay.

Corey Hull responded:

Halfway through we received new cost estimates….

GDOT did the cost estimates, in cooperation with the local government that was responsible for that.

A state employee told me after the meeting that GDOT raised some estimates because it thought the local government, in this case the Lowndes County Commission and staff, didn’t put in enough to cover the project. I don’t know whether GDOT was figuring by Atlanta costs or not…. At least the cost didn’t go up further in the final project list; I just checked and it’s still $12 million.

Corey elaborated that some projects increased and some decreased. I asked him which ones did which. He said he’d have to go back and compare. Later he helped me produce a list of comparisons of costs of Lowndes County projects, which shows that one went down by 30% and three went up by 50% or more. One, RC11-000099 St. Augustine at Norman Intersection Improvements, went up by 131.5%.

That $12 million for widening less than 3 miles of one road is more than one item that was in the unconstrained list but cut from the constrained list: $7.5 million for a bus system, with three bus lines that would connect Wiregrass Tech, Five Points, Downtown, Moody, East Side, South Side, West Side, and the Mall. A bus system recommended by the Industrial Authority’s Community Assessment to aid in employee attendance, industry recruitment, and workforce.

You could probably even start up a substantial commuter rail system using existing freight line tracks for less than $12 million. Even though GDOT apparently only believes in roads and bridges, busses and trains are actually more cost-effective, especially for lower-income people. The same lower-income people who will be disproportionately taxed by T-SPLOST as a percentage of their income.

Instead, the description for the Old US 41 North project admits the county is driving Continue reading →

Gasoline tax? —Roy Taylor @ SGRC 2011-09-19

Roy Taylor pointed out gas taxes are higher in Florida, and:

The people who use the gas pay the tax.

Then he told a story about a woman he knows who can't afford T-SPLOST.

Yes, he seemed to be proposing a gasoline tax to pay for transportation projects, an idea which I've been floating for some time. That's how Eisenhower paid for the Interstate Highway System: gasoline and diesel fuel taxes.

Here's the video:

Gasoline tax? —Roy Taylor
T-SPLOST Public Meeting, Southern Georgia Regional Commission (SGRC),
Corey Hull,
Valdosta, Lowndes County, Georgia, 19 September 2011.
Video by Gretchen Quarterman for Lowndes Area Knowledge Exchange (LAKE).

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Clean green jobs for community and profit

Tell me who doesn’t want clean jobs for energy independence and profit?

“Environmental sustainability… can lead to more and better jobs, poverty reduction and social inclusion,”

The above quote is Juan Somavia in an article Stephen Leahy wrote for Common Dreams 1 June 2012, For an Ailing Planet, the Cure Already Exists,

Germany’s renewable energy sector now employs more people than its vaunted automobile industry.

No wonder, when German solar power produces more than 20 nuclear plants. How many jobs? According to Welcome to Germany 13 April 2012, Renewable Energies Already Provide More Than 380,000 Jobs in Germany, which cites a report from the German government,

The boom in renewable energies continues to create new jobs in Germany. According to a recently published study commissioned by the Federal Environment Ministry, the development and production of renewable energy technologies and the supply of electricity, heat and fuel from renewable sources provided around 382,000 jobs in 2011.

This is an increase of around 4 percent compared to the previous year and more than double the 2004 figure.

“Current employment figures show that the transformation of our energy system is creating entirely new opportunities on the job market,” said German Environment Minister Norbert Röttgen.

“It is the major project for the future for German industry. This opens up technological and economic opportunities in terms of Germany’s competitiveness as an exporter and location to do business.”

Wouldn’t we like some of that here in sunny south Georgia, a thousand miles south of Germany?

Back to the Stephen Leahy article:

Globally, the renewable energy sector now employs close to five million workers, more than doubling the number of jobs from 2006-2010, according to a study released Thursday by the International Labor Organization (ILO).

The transformation to a greener economy could generate 15 to 60 million additional jobs globally over the next two decades and lift tens of millions of workers out of poverty, concluded the study, “Working towards sustainable development”.

Everyone will benefit. Everyone can benefit starting right now.

Continue reading →

St. Augustine and Gornto Road in Final T-SPLOST list @ SGRC 2011-09-19

Maybe you’d like to know what are the T-SPLOST projects and how much they cost, so you can decide whether you think the tax is worth it (in addition to all the other considerations). That can take some work. Here’s an example.

Since Gretchen Quarterman asked what $5 million for one intersection would buy, T-SPLOST plans have been filed and a constrained list and then a final list approved by GDOT. Price tags jumped wildly up and down in the constrained list. For example, widening less than 3 miles of Old US 41 North from North Valdosta road to Union Road jumped from $8 million in June 2011 to $12 million in August.

In the final list, this item seems to be the one Gretchen was talking about:

RC11-000100 St Augustine Road at Gornto Road Intersection Improvements

You can find that one line on www.t-splost.com, which seems to be the state’s propaganda site for pushing T-SPLOST.

To find the current dollar amounts, you have to rummage around elsewhere until you find Continue reading →

Five million dollars for one intersection? —Gretchen Quarterman @ SGRC 2011-09-19

Gretchen Quarterman wanted to know what the money was going for, with an example:

…at Gornto. That's a total of 5 million dollars! I'm having trouble imagining what you could do for $5 million in that one block. Do you have to buy the new McDonald's that they're building? I mean what are we doing there?

Corey Hull said he didn't know, since at that time many of the projects didn't actually have plans. See the next post for what eventually happened with that one.

Here's the video:

Five million dollars for one intersection? —Gretchen Quarterman
T-SPLOST Public Meeting, Southern Georgia Regional Commission (SGRC),
Corey Hull,
Valdosta, Lowndes County, Georgia, 19 September 2011.
Video by Gretchen Quarterman for Lowndes Area Knowledge Exchange (LAKE).

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Not a special Local tax: it’s a Regional tax —Nolen Cox @ SGRC 2011-09-19

T-SPLOST is a misnomer: it's not a Special Location Option Sales Tax, since it's voted on as a region.

I think maybe we should have a gasoline tax to pay for roads.

Here's the video:

Not a special Local tax: it's a Regional tax –Nolen Cox
T-SPLOST Public Meeting, Southern Georgia Regional Commission (SGRC),
Corey Hull,
Valdosta, Lowndes County, Georgia, 19 September 2011.
Video by Gretchen Quarterman for Lowndes Area Knowledge Exchange (LAKE).

-jsq

Lowndes, Tift, and Ware donor counties and majority @ SGRC 2011-09-19

Someone asked:

If Lowndes, Tift, and Ware vote against it, and the other fifteen counties vote for it, that’s a majority.

Corey Hull:

As long as they reach 50% + 1 in voters.

Questioner:

Those three counties, which would probably be the three donor counties in this region… they could kill it for our region if it was a large turnout.

Roy Taylor:

A large county like we could kill it for everybody.

The referendum is still on for July (during the primary, with less turnout) not November (during the general election).

The eighteen counties are: Continue reading →

Fukushima destroying nuclear-owning electric power utilities

The world’s worst nuclear disaster at Fukushima in Japan has had economic effects on nuclear-owning power utilities. What will happen to the Southern Company as Georgia Power customers and U.S. taxpayers get tired of paying for cost overruns which are already almost a billion dollars?

Erik Kirschbaum wrote for Reuters 26 May 2012, Germany sets new solar power record, institute says,

The German government decided to abandon nuclear power after the Fukushima nuclear disaster last year, closing eight plants immediately and shutting down the remaining nine by 2022.

And closing those nuclear plants caused German electric utility E.ON to lay off up to 11,000 staff, to take its first quarterly loss in a decade, and to cut its shareholder dividend. According to Forbes, E.ON in 2006 was the biggest electric utility in the world (and TEPCO, owner of the Fukushima nuclear plants, was number 6). In March 2012, E.ON was number 22. (TEPCO dropped from number 6 to number 45.) Southern Company (SO) jumped from number 16 in 2006 to number 6 this year, quite possibly because E.ON and TEPCO and others dropped so rapidly.

Hm, I wonder what Southern Company’s nukes, already almost $1 billion over budget, will do to SO’s ranking in Forbes’ list of top utilities? Maybe there’s a reason Moody’s called nuclear “a bet-the-farm risk”. What will SO do when this big nuclear bet goes bad? And how big a bill do Georgia Power customers and we the taxpayers want to let SO run up that we’ll get stuck with?

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How do we vote on T-SPLOST? — Gretchen Quarterman @ SGRC 2011-09-19

T-SPLOST regions are an intermediate level of government in which all the people in the region vote together, not by counties.

Gretchen Quarterman asked:

When the 18 counties vote, is it county by county, say Atkinson votes yes, and Lowndes votes no, and if there were 9 counties that voted yes and 9 counties that voted no, or is it the total of all the voters together, and then we say there were 400,000 voters and it’s a simple majority.

Corey Hull answered:

It’s a simple majority. It’s the latter of how you described it, it’s all the voters together.

Here’s the video:

How do we vote on T-SPLOST?
T-SPLOST Public Meeting, Southern Georgia Regional Commission (SGRC),
Corey Hull,
Nolen Cox, Gretchen Quarterman,
Valdosta, Lowndes County, Georgia, 19 September 2011.
Video by Gretchen Quarterman for Lowndes Area Knowledge Exchange (LAKE).

-jsq