13 largest U.S. electricity firms
push 80% cut in carbon emissions
ahead of Biden's climate summit
Washington Times,
by
Haris Alic
Original Article
Posted By: Ribicon,
4/19/2021 11:51:21 AM
Thirteen of the nation’s leading electricity companies are pledging to work with President Biden to slash carbon emissions ahead of Thursday’s international White House summit on climate change. On Friday, the companies sent a letter to Mr. Biden urging the administration to design a wide-reaching energy agenda to curb carbon emission more than 80% below 2005 levels by 2030. “A federal policy framework can be designed to support the power sector’s deployment of strategies that are technically feasible, ensure reliability, and maintain affordability for customers,” the companies wrote.(Snip) Among the 13 firms signing the letter was the Exelon Corporation, which is the largest regulated
Reply 1 - Posted by:
Vesicant 4/19/2021 11:57:08 AM (No. 759561)
"A federal policy framework" -- meaning, give us money that will never get passed on to the suckers, er, customers.
11 people like this.
Reply 2 - Posted by:
Strike3 4/19/2021 12:01:15 PM (No. 759567)
This is completely bogus. Real private companies do not volunteer to do things that cost them money and create non-productive work for themselves. How are they going to do this and increase output by double digits to create an electric grid to run cars? "Affordability for customers" has the eerie ring of the Affordable Healthcare Act that wasn't. When is the rest of the world going to attempt to match US carbon emissions performance? Other factors are at play here.
15 people like this.
Reply 3 - Posted by:
planetgeo 4/19/2021 12:01:16 PM (No. 759568)
"Woke energy" = being kept awake due to freezing or unbearable heat because the solar/wind/unicorn-based energy grid can't handle the load during extreme weather conditions
13 people like this.
Reply 4 - Posted by:
chance_232 4/19/2021 12:06:04 PM (No. 759576)
The 13 largest energy providers can AFFORD the upgrades. Their smaller competitors can not.
This will force the small local providers out of business, allowing them to be bought out by the larger companies.
Here's the truth. Large companies support legislation that cements or enlarged their market share by killing off their competition. Large companies can afford diversity and higher pay scales. Small companies can not. Large companies can afford regulatory compliance, small companies can not.
ALWAYS follow the money when large corporations get into bed with treasoncrats. The small companies and the consumers always take it in the shorts.
16 people like this.
Reply 5 - Posted by:
Ida Lou Pino 4/19/2021 12:07:15 PM (No. 759580)
Is anyone ever going to present statistically-reliable, scientifically-gathered evidence - - that carbon dioxide has any effect whatsoever on the earth's climate?
No? Right - - I didn't think so.
11 people like this.
Reply 6 - Posted by:
DVC 4/19/2021 12:12:08 PM (No. 759587)
I want electrical power that is reliable and affordable.
Frankly I would greatly prefer it to be made by burning coal, and save the natural gas for industrial and home heating uses where it is uniquely capable, and electricity and coal are impractical.
Or, take our wonderful Wolf Creek Nuclear Power plant which has been quietly and safely been making loads of reliable electric power for 35 years as an example, and build a hundred duplicates of it across the country.
And get rid of those ugly, stupid, EXPENSIVE and unreliable windmills.
15 people like this.
Reply 7 - Posted by:
MattMusson1 4/19/2021 12:17:59 PM (No. 759600)
In the PG&E bankruptcy, we learned that they were paying Bill Gates and Warren Buffett SEVEN TIMES THE GOING RATE PER KILOWATT for the power from their Solar Farms.
11 people like this.
Reply 8 - Posted by:
bad-hair 4/19/2021 12:26:14 PM (No. 759607)
13 largest US electricity firms have their eyes on BIG FAT GOVERNMENT SUBSIDIES. Who needs customers.
14 people like this.
Reply 9 - Posted by:
SkeezerMcGee 4/19/2021 12:26:57 PM (No. 759609)
"A federal policy framework can be designed to support the power sector’s deployment of strategies that are technically feasible, ensure reliability, and maintain affordability for customers. . . "
Not going to happen. Get prepared for brownouts and blackouts.
9 people like this.
Reply 10 - Posted by:
red1066 4/19/2021 12:40:49 PM (No. 759626)
Electric bills to rise.
10 people like this.
Reply 11 - Posted by:
stablemoney 4/19/2021 12:44:58 PM (No. 759634)
The electric companies do not need government policy to invest in climate change investments. They are free to do that on their own. What they want is the government, being us, to pay for it. And doing so, there will be no chance of competition. I vote no on this request.
9 people like this.
Reply 12 - Posted by:
kono 4/19/2021 12:53:46 PM (No. 759647)
Prepare for intentional shortages. Welcome to Socialism.
9 people like this.
Reply 13 - Posted by:
kono 4/19/2021 12:56:20 PM (No. 759651)
(where everything is free, but nothing is available)
8 people like this.
Reply 14 - Posted by:
seamusm 4/19/2021 12:59:49 PM (No. 759659)
Of course they do. Another marketing advantage enforced by the government.
7 people like this.
Reply 15 - Posted by:
Nimby 4/19/2021 1:08:05 PM (No. 759670)
Ofcourse they are pushing the idea! They can charge consumers out of their homes
5 people like this.
Reply 16 - Posted by:
DVC 4/19/2021 1:08:33 PM (No. 759672)
I need to buy more stock in Generac. I am seriously considering a second large propane tank and a whole house Generac in the next year.
The only thing slowing me down is that one of the large power lines from Wolf Creek nuke plant runs across my rural property and we have our own transformer, so we have about THE most reliable electric power anywhere. And we are only about 65 miles away from the plant, too.
But, I still may get more Generac stock and my own Generac on a pad by the house with it's own 600 gallon propane tank. Wouldn't want to use home heating propane to make electricity.
3 people like this.
Reply 17 - Posted by:
keep_right 4/19/2021 1:17:27 PM (No. 759678)
Beware of giant wind turbines and fields decorated with solar panels in rural areas near you. And we'll never see a peaceful shoreline again!
6 people like this.
Reply 18 - Posted by:
GO3 4/19/2021 1:50:31 PM (No. 759705)
#17, solar panels and wind turbines are already in our rural area in spades. Sickening.
6 people like this.
Reply 19 - Posted by:
Highlander 4/19/2021 2:58:20 PM (No. 759757)
What is going on with these corporations all getting on the democrat bandwagon to nowhere? Don’t any of these CEO’s have a functioning brain when it comes to being “woke?”
7 people like this.
Reply 20 - Posted by:
Jesuslover54 4/19/2021 7:20:48 PM (No. 760003)
Rolling blackouts.
2 people like this.
Reply 21 - Posted by:
DVC 4/19/2021 7:23:35 PM (No. 760007)
#20, that's why Generac stock has tripled in the last year.
0 people like this.
Reply 22 - Posted by:
anniebc 4/19/2021 8:25:16 PM (No. 760065)
Another wealth transfer for another sector of big business.
0 people like this.
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With the help of cooperative major businesses, the man behind the curtain can do whatever he wants, and we'll be encouraged to hail the actions of "the free market."