Category Archives: Economy

Nuclear is over —Jeremy Rifkin

Economist, author, and advisor to governments Jeremy Rifkin told an agent of the world's largest uranium field operator at a conference of global investors that there's no business future in nuclear power.

Jeremy Rifkin answered a question at the Wermuth Asset Management 5th Annual Investors Event 26 September 2012, Nuclear Power is Dead,

I don't spend much time on nuclear technology, unless somebody asks me about it, because frankly from a business perspective, I think it's over….

Here's the video, followed by more transcript and discussion.

Nuclear power was pretty well dead in the water in the 1980s after Three Mile Island and Chernobyl. It had a comeback. The comeback was the industry said "we are part of the solution for climate change because we don't emit CO2 with nuclear; it's polluting, but there's no CO2".

Here's the issue though,

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From 15 to 19 months late: Plant Vogtle nukes

Surprise! The already-billing but not-built new nukes at Plant Vogtle are going to be even later and cost even more. In December they were to be 15 months late; now it’s 19 months late, and the cost overrun expected is $740 million. History is repeating itself from the last time Southern Company and Georgia Power built nukes on the Savannah River. How about we pass HB 267 to stop Georgia Power from charging that cost overrun to customers?

Kristi Swartz wrote for the AJC yesterday, Vogtle nuclear project to take longer, cost more,

Georgia Power’s Plant Vogtle nuclear expansion project will take about 19 months longer to complete than originally expected and cost about $740 million more than originally thought, the company said Thursday.

Joseph A. “Buzz” Miller, Executive Vice President – Nuclear Development Southern Nuclear Operating Company Georgia Power said its share of the estimated $14 billion project will rise to $6.85 billion, up from $6.11 billion, because of increased capital costs and additional financing costs. Customers, who have been paying the financing costs since 2011, now will pay them for a longer period of time.

And the amount Georgia Power customers have to pay for Construction Work in Progress (CWIP) keeps ratchetting up:

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Time Warner says you don’t want high speed Internet

After all, if all the people had fast Internet connections, they might provide their own content, ranging from local sports vidoed by fans to parties to local government meetings, and then they wouldn’t be “consumers”, would they? The people would be participants in their own community, ranging from local to state, national, and global. And the big cablecos and telcos wouldn’t be able to monopolize access to information, which is their cash cow now. It will take more than wishful thinking to get TW to help with affordable local high speed Internet access.

Klint Finley wrote for Wired 28 February 2013, You Don’t Want Super-High-Speed Internet, Says Time Warner Cable,

Time Warner Cable chief technology officer Irene Esteves says you don’t really want the gigabit speeds offered by Google Fiber and other high speed providers.

On Wednesday, at a conference in San Francisco, Esteves downplayed the importance of offering a service to compete with Google, as reported by The Verge. “We’re in the business of delivering what consumers want, and to stay a little ahead of what we think they will want…. We just don’t see the need of delivering that to consumers,” she said, referring to gigabit-speed internet connections.

Esteves thinks only business customers will need that kind of bandwidth, and she noted that Time Warner already offers gigabit connections for businesses in some markets.

Right, “in some markets”. How many of you around here can get a gigabit Internet connection? And

Time Warner Cable says Irene Esteves is the Chief Financial Officer, which makes more sense than a Chief Technical Officer spreading this doubtfire.

No, it’s TW CTO Michael LaJoie‘s job to argue against net neutrality. Paul Rodriguez wrote for cabletechtalk at some unknown date, Cable’s internal and external technology picture,

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Internet and Energy at the Bird Supper

Dear Bird Supper attendees,

Two things could greatly help south Georgia: better Internet access and solar power. You could help stop two telecommunications bills and help pass two energy bills for jobs and education in south Georgia.

Internet Access: help stop two telecommunications bills

The local Industrial Authority, Chamber of Commerce, Valdosta City Council, and Lowndes County Commission have recently realized that fast Internet access is essential to attract businesses, for their employees to work at home, for applicants to apply for jobs, for students to submit assignments, and for general quality of life.

  • HB 282 against muni broadband
    This bill would prohibit local governments from providing Internet access if any local census block has 1.5Mbps access. Localities may or may not want to do it themselves, but they shouldn't be prohibited from using this option now that it is obvious to everyone that the commercial incumbents are not doing the job. Legislators please vote this bill down.
  • HB 176 for higher cell towers with less local government oversight
    This really bad bill would let cell telephone companies build towers wherever they want to at any height, taking away local government power to regulate that. It could even let private companies exercise eminent domain. Legislators please vote this bill down.

Energy: help pass two energy bills

Solar power can be a distributed source of jobs in south Georgia. Antique laws and a subsidized nuclear boondoggle are hobbling solar power.
  • GA SB 51, The Georgia Cogeneration and Distributed Generation Act
    Senator Buddy Carter has introduced a Senate bill for the current session of the legislature, SB 51, "The Georgia Cogeneration and Distributed Generation Act of 2001". It attempts to fix Georgia's special solar financing problem, the antique 1973 Territorial Electric Service Act, which says you can only sell power you generate to your one and only pre-determined electric utility, at whatever rate that utility sets.
  • HB 267 Financing costs; construction of nuclear generating plant
    Stop Georgia Power from charging customers for cost overruns for Plant Vogtle, already 15 months behind schedule and a billion dollars overbudget for power that nobody has received, yet Georgia Power has already billed customers about $1.7 billion. Bipartisan cosponsors are Jeff Chapman (R—Brunswick) District 167 and Karla Drenner (D—Avondale Estates) District 85. This boondoggle on the Savannah River is what Georgia Power and Southern Company are doing instead of deploying solar inland and wind off the coast.

-jsq

Please deny the closure of County Road 16 leading to the Alapaha River —three neighbors

Received today; they sent it to all the Commissioners. -jsq

To the Lowndes County Commission:

It has been quite an experience dealing with the proposed closing of a portion of County Road 16. Our quaint spot on the river in Naylor, Lowndes County is something that can easily be taken for granted, but it is something that should be treasured and appreciated by the entire county. While we have learned a rich history about Naylor and the County Road proposed to be closed, we will not encumber you with these details. We will let you know in this letter the laws and reasons why the proposal should be denied.

First off, the landowner did not legally own the land when he made his request for the closing of the road. The legal date this property was deeded to Phillip Connell is February 8, 2013. The day his request was made is unknown because the letter sent had the date whited out and is an exact copy of the September 10, 2010 letter he submitted. It is known that the proposal for a public hearing was made in the Commission meeting January 22, 2013. The county should not be hearing this proposal for being misled by Phillip Connell. Why instead is the County claiming that a legal transaction for this land occurred 2 or 3 years ago and now has extended it to 3 or 4 years ago? Where is the proof for this claim?

Second, the landowner’s claim about liability, trash and trespassing is

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Reconsider closing this road —James Manes

Received today; he sent it to all the Commissioners. -jsq

James Manes 107 Shiloh Rd. Ray City, GA 31605

Regarding Regular session held Jan 22, 2013; Agenda 7 B, a request for road abandonment, I would like to state my opinion.

The road abandonment was to close a section of County Road 16 Old State Road. I feel this issue is not a open and shut case.

The county has determined “the road has been ceased to be used by the public”, and has no “substantial public purpose”.

I am aware the law (32-7-2 a) states “The department must confer with the governing authority of the county’s or municipalities (Unincorporated Naylor GA.), and give due consideration to their wishes in such abandonment.”

I have not been able to find any public records of

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Water trails for economic benefit —Bret Wagenhorst

This letter demonstrates many public uses of the Alapaha River at Hotchkiss Crossing by everyone from Boy Scouts to doctors, and indicates economic benefits of water trails. -jsq

February 4, 2013
Lowndes County Board of Commissioners
327 North Ashley Street – 3rd Floor
Valdosta, GA 31601
RE: Hotchkiss landing closure

Dear Commissioners:

I have lived in the South Georgia region for the past 16 years. I am also a practicing physician and have a love of the out of doors, especially canoeing, camping and hiking. I also serve on the board of WWALS Watershed Coalition, a local river advocacy group trying to promote awareness and preservation of our local rivers. It has recently come to my attention that you are considering the potential closure of the Hotchkiss landing site along the Alapaha River near Naylor. I would like to put in a word in favor of keeping the landing site open.

I have canoed dozens of different sections of the Alapaha River from north of Tifton all the way to Statenville, as well as portions that join with the Suwanee River in Florida. Without a doubt, one of the most fun and scenic sections to paddle is from the put-in near Burnt Church outside of Lakeland down to the Hotchkiss landing. I have taken various groups

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Broadband on the table @ VLCIA 2013-02-19

Internet speed and access (appearing as Broadband) played a starring role at the 19 February 2013 meeting of the Valdosta-Lowndes County Industrial Authority (VLCIA), with a surprise cameo by Lowndes County Commission Chairman Bill Slaughter (appearing as himself) and a bravura performance by Angela Crance of Wiregrass Tech, with a strong supporting role by VLCIA Chairman Roy Copeland, and Mary Gooding standing in for VSU. Internet access (as "telecommunications infrastructure") came up in Project Manager Allan Ricketts' report as a requirement for a Fortune 500 customer service operation and for a National health care service provider, both considering locating here, also as bandwidth, as a requirement for jobs. That was the main theme of Executive Director Andrea Schruijer's report, especially in rural parts of our county, especially for a home-based call center. Even Rotary Clubs need broadband.

VLCIA is also helping find potential sites for several utility-scale photovoltaic solar installations.

The Industrial Authority Board was down to three members, barely a quorum: Mary Gooding, Chairman Roy Copeland, and Tom Call. Whereabouts of Norman Bennett and Jerry Jennett were undetermined. I can't complain; I was in bed with a sinus infection.

Here's the agenda (such as it is), with links to the videos and some notes, often in separate posts.

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Rotary Clubs need broadband @ VLCIA 2013-02-19

Bill Slaughter, Dennis Marks, John Page, Gretchen Quarterman @ Valdosta Rotary Club 2012-09-12

Before the Industrial Authority 19 February 2013 meeting, Gretchen told Bill about how she’s now videoing at Rotary and putting playlists on the web with some delay. Bill and Gretchen (and Commissioner John Page) go to the same Valdosta Rotary Club. This is yet another use of Internet access: attracting participants to local community groups, and getting their speakers to a wider audience.

-jsq

 

I’m super-excited about the whole broadband thing —Gretchen Quarterman @ VLCIA 2013-02-19

And now a word from the only person in the room at the the Industrial Authority 19 February 2013 with actual experience in bringing Internet broadband access to new areas, invisible behind the camera but clearly audible, Gretchen Quarterman:

I’m super-excited about the whole broadband thing, because you know that’s near and dear to our heart, and our background.

But please be very careful about the buill that’s before the legislature that will prohibit municipal Internets. Right now the legislature is trying to take off the table muncipal Internets. And I think that a municipal Internet would be a really great solution here. So let your legislator know that’s a bad idea; they shouldn’t take that off the table from us.

That’s HB 282, in opposition to which Amy Henderson of Georgia Municipal Association said:

Broadband is economic development.

Gretchen continued:

At the Chamber’s annual meeting when a local speaker stood up she talked about the that’s doing really well right now is agriculture and I’m pleased to announce that the South Georgia Growing Local Conference will be here in January of 2014 the last weekend, a Friday and Saturday. It’s an equivalent of the Georgia Organics big conference that they have in Atlanta. Except that it’s for south Georgia local growers, farmers, homesteaders. We just were in Reidsville this last January and Lowndes County is going to have it next year.

And the whole series of South Georgia Growing Local Conferences (this will be the fourth) has been organized largely online, in yet another use of Internet access for economic development, in this case sustainable local development.

OK, one more: Rotary Clubs need broadband.

-jsq