SO CEO Tom Fanning used Julia O’Neal’s question about cost overruns
to tout the alleged benefits of Kemper Coal,
which include selling CO2 to oil companies to pump into the ground to
produce more oil.
He didn’t mention that oil is then burned to produce more CO2.
And that Mississippi lignite coal he said would otherwise stay in the ground?
Yes it and its CO2 would stay there if SO would get on with solar instead of coal.
Before her question, he had not said much about that project, mostly this about Major Projects, at
29 minutes and 28 seconds in
SO’s own video
of
the 22 May 2013 Southern Company Stockholder meeting.
You’ll have to skip there manually, because of the SO’s video format.
SO prohibited “unauthorized” videoing,
so we don’t have the usual LAKE video on YouTube.
I always call out Vogtle and Kemper County.
Both projects are going to serve our customers for decades to come.
We’ve had some challenges with Kemper.
We’ll probably talk about those later.
But when I think about the value that these projects will bring,
I think our customers, and the economy of the southeast,
will be benefited for decades.
And we’re very excited about the progress we’re making on both of those.
It’s curious he mentioned SO’s flagship coal and nuclear projects
without saying coal or nuclear.
And if by “progress” he means Continue reading →
Putnam County sent a delegation to
the Georgia Public Service Commission meeting Tuesday 18 June 2013.
You’ve already seen
Rep. Rusty Kidd; next up was the Putnam County manager.
Unfortunately we had budgeted $275,000, so we’re about $100,000 a year short based on our estimates. That is directly attributable to the loss of coal sales from Plant Branch. Also on top of that we’re losing about $950,000 to $980,000 of property tax. That is about one seventh of our property tax receipts. This is a very big impact to the community.
