Category Archives: Economy

U.S. CO2 emissions lowest in 20 years: that’s good and bad

The good news: because utilities such as Southern Company are switching away from coal U.S. emissions of CO2 are the lowest they’ve been in 20 years. The bad news: they’re switching to natural gas, which not only still emits carbon dioxide, it pollutes groundwater through fracking, requires a lot of groundwater to do the fracking in the first place, and then uses more groundwater for cooling. But the further good news is cheaper energy sources drive out expensive ones, and wind and solar are already cheaper than nuclear and coal, and solar is already cheaper than natural gas. Oh, and solar and wind emit no CO2.

Kevin Begos write for AP yesterday, AP IMPACT: CO2 emissions in US drop to 20-year low

“There’s a very clear lesson here. What it shows is that if you make a cleaner energy source cheaper, you will displace dirtier sources,” said Roger Pielke Jr., a climate expert at the University of Colorado.

While conservation efforts, the lagging economy and greater use of renewable energy are factors in the CO2 decline, the drop-off is due mainly to low-priced natural gas, the agency said.

A frenzy of shale gas drilling in the Northeast’s Marcellus Shale and in Texas, Arkansas and Louisiana has caused the wholesale price of natural gas to plummet from $7 or $8 per unit to about $3 over the past four years, making it cheaper to burn than coal for a given amount of energy produced. As a result, utilities are relying more than ever on gas-fired generating plants.

Both government and industry experts said the biggest surprise is how quickly the electric industry turned away from coal. In 2005, coal was used to produce about half of all the electricity generated in the U.S. The Energy Information Agency said that fell to 34 percent in March, the lowest level since it began keeping records nearly 40 years ago.

And that’s why Southern Company (SO) turned towards natural gas: it’s cheaper! SO still prefers nuclear and coal before gas, as SO CEO Thomas A. Fanning keeps reminding us. But even SO couldn’t ignore “the revolution in shale gas”, which is cheaper prices through fracking. Solar PV costs dropped 50% last year alone. How long can SO ignore that?

“Natural gas is not a long-term solution to the CO2 problem,” Pielke warned….

Continue reading →

Government Affairs Council, Valdosta-Lowndes County Chamber of Commerce, 2012-07-31

The Chamber’s Government Affairs Council (GAC) met 31 July 2012, and Gretchen was there with video camera. In the first video, they’re talking about sales tax on energy, tax holidays, and about business partnerships in support of the arts. I readily admit I have not watched these videos all the way through: we have so many videos in the queue I’m trying to work off the backlog. If any of you see something especially interesting in these videos, please let us know so we can blog about it. Even better, send us what you think so we can consider posting that.

The Chamber’s web page about GAC appears to be empty. Maybe it works in IE or something. Over on Chamberorganizer, there’s a page about Erika Bennett:

Hello, and welcome to the Valdosta-Lowndes County Chamber of Commerce. I am the Business Advocacy & Marketing Coordinator. I coordinate the Chamber’s Government Affairs Council, which watches business legislation throughout the year to ensure that Valdosta is business-friendly.

Here’s a video playlist:

Government Affairs Council, Valdosta-Lowndes County Chamber of Commerce, 2012-07-31
Videos by Gretchen Quarterman for Lowndes Area Knowledge Exchange (LAKE), Valdosta, Lowndes County, Georgia.

Here’s an update about a GAC meeting of 17 January 2012.

Here’s Chamber PR about the GAC 2011-01-11, New Government Affairs Council Gives Voice to Local Businesses:

Continue reading →

Valdosta rank in Georgia cities

Increased population is using increasing resources Recently I saw someone speculating online that Valdosta’s rank among Georgia cities was rising because its population is growing. And its population is indeed growing, as you can see in the graph on the right or the Census Bureau data in the table below right. (Compare to similar information for Lowndes County.) But not as fast as some other Georgia cities, so Valdosta’s rank is not increasing. In fact, the opposite: Valdosta has been dropping in rank.

Census Pop. %±
1860 166
1870 1,199 622.3%
1880 1,515 26.4%
1890 2,854 88.4%
1900 5,613 96.7%
1910 7,656 36.4%
1920 10,783 40.8%
1930 13,482 25.0%
1940 15,595 15.7%
1950 20,046 28.5%
1960 30,652 52.9%
1970 32,303 5.4%
1980 37,671 16.6%
1990 40,135 6.5%
2000 43,724 8.9%
2010 54,518 24.7%

Here are city ranks for the censuses from 1980 to 2000:

1980 7 Atlanta, Columbus, Savannah, Macon, Albany, Warner Robins, VLD.
1990 11 passed by Augusta, Athens, Roswell, Marietta
(Augusta and Athens cheated by consolidating with their counties.)
2000 14 passed by Sandy Springs, Johns Creek, and Alpharetta
2010 14 Sandy Springs passed Macon and Marietta dropped two,
but Valdosta remained #14

So actually Valdosta has been decreasing in Georgia city rank over time, because cities in the Atlanta metro area have been growing faster.

Now I don’t consider that a bad thing: population growth isn’t the same thing as economic growth, and economic growth isn’t the same thing as prosperity or well-being. But it’s an interesting bit of history.

Rank1980199020002010
1 Atlanta Atlanta Atlanta Atlanta
2 Columbus Augusta Augusta Augusta
3 Savannah Columbus Columbus Columbus
4 Macon Savannah Savannah Savannah
5 Albany Macon Athens Athens
6 Warner Robins Athens Macon Sandy Springs
7 Valdosta Albany Sandy Springs Macon
8 Roswell Roswell Roswell
9 Marietta Albany Albany
10 Warner Robins Johns Creek Johns Creek
11 Valdosta Marietta Warner Robins
12 Warner Robins Alpharetta
13 Alpharetta Marietta
14 Valdosta Valdosta

-jsq

Vogtle circular firing squad delaying opening

Southern Company and the other owners of Plant Vogtle are blaming the contractors (who are suing them) for further delays in construction. How much money will they waste before they never open?

Kristi E. Swartz wrote for the AJC yesterday, Disputed costs at Vogtle rise,

Georgia Power and a group of municipal and cooperative electric companies are building twin 1,100-megawatt reactors, the first in the United States to win permits in 30 years. The total expected cost of the project is $14 billion, but potential cost overruns at Vogtle, located in Waynesboro in east Georgia, continue to grow, according to the recent Southern Co. regulatory filing.

Delays in getting federal licensing approvals for the new reactor design and then for the entire project have been cited as the chief culprit.

Because of the dispute with contractors over the additional costs, “the owners are evaluating whether maintaining the currently scheduled commercial operation dates of 2016 and 2017 remains in the best interest of their customers,” the filing said. The total amount of the cost overruns could be well over $900 million; Georgia Power owns 45.7 percent of the project, so its share is $425 million, the latest filing said. Originally the overrun was projected at $400 million when the issue was first made public in April.

Up another $25 million since April? How long until it gets into billions of cost overruns? Which will be paid by whom?

Continue reading →

Video of stealth education panel at Lowndes High last night

Here’s George Boston Rhynes’ first video from last night’s stealth education panel. The VDT covered it, but, presumably due to its bizarre policy of not covering candidates for office, the VDT didn’t even mention that J.C. Cunningham, Democrat running for Georgia House District 175, was present, even though the VDT posted pictures and quotes from the incumbent, Republican Amy Carter, who apparently organized the panel. Charter schools were discussed; see below after the video.

Video of stealth education panel at Lowndes High last night
Video by George Boston Rhynes for K.V.C.I and bostongbr on YouTube,
Valdosta, Lowndes County, Georgia, 14 August 2012.

On the panel, left to right:

Continue reading →

“It’s almost like they are out to take advantage of the rubes,” —an economist

Do big box stores count as development? Are they worth millions in tax incentives and bond investments? Maybe we can find something better for local industry and jobs.

Rumors have been flying for years about a Bass Pro store coming to Valdosta, like this one on a Georgia Outdoor News forum:

01-22-2008, 09:05 PM, bear-229
ive heard the land has been bought. very close to the new toyota lot but it has not made it to the “new locations” on the web site

That’s on James Road, in that huge proposed development that Lowndes County approved around that time.

Scott Reeder wrote for The Atlantic 13 August 2012, Why Have So Many Cities and Towns Given Away So Much Money to Bass Pro Shops and Cabela’s?,

Both Bass Pro Shops and its archrival, Cabela’s, sell hunting and fishing gear in cathedral-like stores featuring taxidermied wildlife, gigantic fresh-water aquarium exhibits and elaborate outdoor reproductions within the stores. The stores are billed as job generators by both companies when they are fishing for development dollars. But the firms’ economic benefits are minimal and costs to taxpayers are great.

An exhaustive investigation conducted by the Franklin Center for Government and Public Integrity found that the two competing firms together have received or are promised more than $2.2 billion from American taxpayers over the past 15 years.

Where does all that money come from? Bonds, usually. Which is yet another reason why last legislature’s HB 475 to give unelected bodies bond issuing privatizing power would be a bad idea.

What does all that money go for?

Continue reading →

Another home with wind power

When we arrived, the wind company was tuning the stay wires on the windmill at the home of Karl and Clare Kuntz in western New York State.

Another home with wind power
Karl and Clare Kuntz, Pavillion, Genesee County, New York
Videos by John S. Quarterman for Lowndes Area Knowledge Exchange (LAKE).

Clare said the wind company is Sustainable Energy Developments. She added,

Sign You can put your money in the mattress or in the bank, and get about the same appreciation. Or you can put it in wind or solar and feel good about it.

Karl said it would take about fifteen years to pay back the wind investment, and meanwhile they get more power than they use, and still will after it’s all paid for. He remarked that the wind company has also started doing solar energy, because solar now costs half as much as wind. And that’s in windy western New York, 1000 miles north of sunny south Georgia.

-jsq

There is something you can do

Anybody who has tried to do much of anything around here has run into this phrase:

There’s nothing you can do.

I was reminded of that when I read this, from the Economist 12 May 2012, Hope springs a trap,

This hopelessness manifests itself in many ways. One is a sort of pathological conservatism, where people forgo even feasible things with potentially large benefits for fear of losing the little they already possess.

The article expands on that idea:

Development economists have long surmised that some very poor people may remain trapped in poverty because even the largest investments they are able to make, whether eating a few more calories or working a bit harder on their minuscule businesses, are too small to make a big difference. So getting out of poverty seems to require a quantum leap—vastly more food, a modern machine, or an employee to mind the shop. As a result, they often forgo even the small incremental investments of which they are capable: a bit more fertiliser, some more schooling or a small amount of saving.

It may seem that the article is about the poorest of people, but that “pathological conservatism” could as easily apply to the hopelessness many people seem to have about ever getting solar panels on their own roofs, or to attracting enough business to our area to employ our high school and college graduates, or that businesses will ever come to the south side.

Yet the point of the article is that field studies by MIT economist Esther Duflo show Continue reading →

Vermont protests against wind vs. nuclear

Compare 6 arrested of about 25 demonstrators against Green Mountain Power’s wind energy project on Lowell Mountain vs. 130 arrested of a thousand protesting in March against the Vermont Yankee nuclear plant.

Also notice what they were protesting. The location on Lowell Mountain, as damaging the mountain top and being unsightly, plus:

“I feel like they [GMP] only went through the public process to a point, and the process is flawed,” said Young, a self-employed logger and farmer from Westfield. “Community members don’t have the resources to have a strong voice. It’s complex, expensive, and lawyers don’t want to do it.”

At Vermont Yankee, the protests were against radioactive leaks, nuclear waste, and this:

Yankee’s initial 40-year license expired Wednesday. The plant is still running, under a 20-year extension from the federal Nuclear Regulatory Commission—despite a vote by the state senate not to allow the plant to continue operating in Vermont.

A common theme is lack of democratic oversight, although even that seems greater in degree for Vermont Yankee. We are familiar with that issue in Georgia, where there’s an election going on for Public Service Commissioners and legislators.

Another common theme is that it’s complex and expensive, which is indeed an issue for big wind projects. Power companies like them as big as they can build them because that fits their corporate bureaucracy. They can instead be smaller and distributed. Nuclear power plants, on the other hand, are always big, bureaucratic, and expensive.

While I thoroughly sympathize with the Lowell Mountain protesters about the mountain top issues, I don’t see anything about them protesting the risk of a wind spill. Risks of nuclear radioactive contamination are very real, and are among the Vermont Yankee protesters’ main issues. Wind off the coast of Georgia would not have that problem.

-jsq

 

Well loan and tap fees —Barbara Stratton @ Hahira 2012-08-02

Received yesterday on Hahira approved for water well loan by state. -jsq

It’s nice to know Hahira will get a break in interest, but tax payers will still have to pay back the loan. I missed the council meeting which is unusual for me. Does the video show anything about the fact some council members voted not to raise the tap fees for new construction which would certainly help pay back the loan instead of depending so much on tax monies? Developers should not be allowed to come in and make huge profits from new construction, then take their profits and let the citizens pay the price for increased water demands. Raising the one time tap fees would have distributed some of the costs to the developers who enjoy the profits from increased demands on the infrastructure and water usage.

-Barbara Stratton

Yes, we have video of the entire Hahira City Council meeting, which will be posted soon. LAKE is always happy to accept help in taking or labeling videos.

-jsq