Tag Archives: Hillabee Expansion Project

Et tu, FERC? No tax writeoffs for MLPs; pipeline stocks plummet 2018-03-15

On the Ides of March, FERC, apparently forgetting its the companies it supposedly regulates that pay its salaries, knocked pipeline company stocks down by disallowing a tax writeoff. This was one month after FERC inadvertently cleared a path for renewable sun and wind power through batteries. Look who got whacked the most, and not even FERC’s Sabal Trail rubberstamp permit reinstatement could save it:

Pipeline MLP vs. Electric Utility, Stock Charts
Stock price comparison, Wednesday, Thursday, Friday, 14, 15, 16 March 2018. The colorful candle canyon is for Spectra Energy Partners LP (SEP), which was by far the worst affected of those shown.

You may wonder as I do: what is FERC doing Continue reading

Atlanta TV station exposes ALEC lobbyists in Savannah

Caught on-camera: ALEC’s off-duty sheriff’s deputies getting TV reporters thrown out of their own hotel for “taking pictures in the hotel”, after ALEC’s marketing droid denied any lobbying going on, nevermind the lobbyist and legislator in a bar spelling out how it works: ALEC gives “scholarships” to legislators who then meet in closed rooms with corporate reps (including all the companies involved in the Sabal Trail fracked methane pipeline) who have equal votes on draft bills for legislators to get passed as law in many states. Bills promoting fracking, pipelines, LNG export, and against solar power, renewable portfolio standards, not to mention for private prisons and privatized education and against municipal broadband and country-of-origin labelling, plus many other corporate give-aways subsidized by the taxpayers and the environment. It’s time for the IRS to revoke ALEC’s 501(c)(3) status. And for the Georgia legislature to apply the state’s sunshine laws to itself.

Brendan Keefe and Michael King, WXIA-TV, 22 May 2015, Legislators and corporate lobbyists meet in secret at Georgia resort, Continue reading

Twice the acreage than solar for Sabal Trail pipeline to produce the same power @ FERC 2014-03-05

According to Sabal Trail’s own numbers, twice as much land for the entire three-pipeline Spectra -> Sabal -> FSC proposed gouge through three states as would be required to produce as much solar power.

STT’s solar acreage estimates from their Draft Resource Report 10: Alternatives (RR10) of November 2013, Continue reading