Tag Archives: Elba Island

HB 59 to waive sovereign immunity in certain cases



Sue the state? You’ll lose, because of sovereign immunity,
unless HB 59 passes.
Then you might be able to sue GA-DNR for circumventing permiting
in allowing construction on the Georgia Coast, or if it
should approve a compressor station in Albany, or if it
should issue any other permits for the Sabal Trail fracked methane pipeline.

State agencies such as the Department of Natural Resources (GA-DNR),


can use “letters of permission” to do things like make alterations to
Georgia’s coast, and anyone suing to stop it runs up against sovereign immunity
unless the issuing agency has expressly waived it.
Now that may change with

HB 59,
“State tort claims; waiver of sovereign immunity for declatory judgment or injunctive relief; provide”.
It has six co-sponsors, including

Jay Powell, District 171, Camilla, Mitchell County, GA.

Here’s the key part: Continue reading →

Southern Company downgraded to sell over Kemper coal and Vogtle nuclear



Time to break out of the utility death spiral by breaking
away from cost overruns at Kemper “clean” Coal
and the Plant Vogtle nuclear boondoggle
and getting on with real renewable solar and wind power.

UBS wrote 5 May 2014,

Southern Company: Kemper Tantrums; Reducing to Sell,

Reducing to Sell on continued delays for the Kemper IGCC project

With further delays and increased costs for the Kemper IGCC project
resulting in yet another $380M of writedowns (further slippage
costing $25M/month) and now the likely loss of $120M-$150M of bonus
depreciation as well, we view the current premium P/E multiple as
untenable.


While the Vogtle nuclear project appears to be on track,
the presence of two major risky projects, Continue reading →