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Good job, Wally.
The other fallacy in the Big IOU propaganda is always
claiming that it's all about output to meet constantly rising
demand. Demand reduction--conservation-- is another
key to getting our energy economics where they need to be.
Alternative sources, distributed generation, and demand
reduction increase consumers' security...but threaten short-term
ROI (return on investment) for big-time stockholders. The
Biggies further profit from rate-payer and tax-payer subsidizing
and underwriting of their investment risks in new plant
construction, cost-shift or divest their lower-profit operations
like transmission, and fight environmental and public health
regulations and enforcement.
Bill Witt
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