Electric Rates Soar in New England

[momeNt]

Unbridled capitalism does not work.

For products necessary for modern life, I feel socialism is the only answer.

Fuel, natural gas, electricity, water, healthcare,,,, should all be nationalized. Bring all of those services under state ownership, turn the workers into state employees, reduce prices, turn the business into a not-for-profit state owned organization.

I guess capitalism doesn't work if you fiddle with the definition of necessary.

Pretty sure New England was inhabited before power plants, running water, and hospitals.

 

[OutHouse]

It's only horrible because it doesn't toe the Repub Party line.

good grief.

 

[OutHouse]

Unbridled capitalism does not work.

For products necessary for modern life, I feel socialism is the only answer.

Fuel, natural gas, electricity, water, healthcare,,,, should all be nationalized. Bring all of those services under state ownership, turn the workers into state employees, reduce prices, turn the business into a not-for-profit state owned organization.

wtf and you bitch about welfare/food stamp leeches and how much it pisses yo off that you are supporting them.

 

[werepossum]

There are investors lined up to build a new $1B pipeline in the NE. PA to NJ along the Delaware river.

http://www.marketwatch.com/story/pseg-power-joins-penneast-pipeline-project-2014-09-18

Note of course, the locals are completely shitting on it, but they have already sold much of the proposed capacity.

It should also be noted that most of the NG pipelines carry is for heating. Only a small bit goes to generation of power. The NE also heavily relies on oil heat, which has gotten very dear. The pipeline could provide power as well as affordable heating options. Coal fixes none of this.

Of course coal fixes that, if coal is used for power generation. Coal also can be efficiently used for home heating if pulverized.

I'm not advocating for coal as I believe its environmental effects outweigh its advantages, but let's be honest about what is happening and about coal's utility.

The economy has certainly affected coal, and some older plants are no longer economic to operate. But that's not why the majority of these plants are shutting down. Sorry.

Maybe, but it's certainly why these plants are not being renovated or replaced with new coal-fired plants.

I guess capitalism doesn't work if you fiddle with the definition of necessary.

Pretty sure New England was inhabited before power plants, running water, and hospitals.

Yep. That's always the case with socialism* - it's only attractive if one shapes the question to require it.

* Socialism as a complete or major socioeconomic system - civilization requires some socialism to function.

 

[rcpratt]

Maybe, but it's certainly why these plants are not being renovated or replaced with new coal-fired plants.

Partly. Also due the environmental regulations which impact coal much more harshly than NG...