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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