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ElectriCities CEO says climate bill too costly
(From Fayetteville Observer) The new leader of a North Carolina association of public electric systems says a climate bill that passed the U.S. House last month is too costly. In June, Graham Edwards became the newest chief executive officer of ElectriCities, a lobbying and training group that represents about 90 municipally owned systems, mostly in…
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ElectriCities will not refinance power plant debt
The way ElectriCities went about working the debt ratio and the options they used to project refinancing of the debt was a no win situation. The only way to ever get out from under this debt is to approach our Congressional leaders and get a very low interest loan from Washington. From AIG to GM,…
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Power Agency Meeting on DCN TV
North Carolina Eastern Municipal Power Agency Meeting May 27 2009 Important Meeting, Click on Video provided by Curmilus Dancy DCN TV Click on the individual pictures to see selected video Ken Raber VP of Electricities gives overview of mandatory Nuclear Power Plant shutdown for scheduled Fed required maintenance. Also one of the commissioners questions CFO…
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Butterfield Votes for Green Energy Bill
Congressman G.K. Butterfield, D-N.C., voted to approve climate change legislation during a committee vote on Thursday night. Butterfield, vice chairman of the Subcommittee on Energy and Environment, worked closely with the authors of the legislation, Reps. Henry Waxman, D-Calif., and Edward Markey, D-Mass., to ensure that consumers and jobs were protected. And, in his closing…
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Climate-Change Bill Hits Some of the Right Notes but Botches the Refrain
Click on the picture to read the Washington Post Editorial regarding HR 2454.
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House Energy Committee Approves Climate Bill
33-25 Vote along party lines The government will put a price on carbon for the first time and portending a major shift in how the country uses energy. The U.S. proposal — which aims to cut emissions roughly 17 percent below 2005 levels by 2020, and roughly 80 percent by mid century — won approval…
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Cap & Trade Power Struggle
http://www.southernstudies.org/2009/05/power-politics-big-oil-behind-shady-climate-bill-attack-group.html n an effort to scuttle key climate legislation being considered by Congress, a mysterious group calling itself the American Energy Alliance is running radio ads targeting 11 key moderates on the House Energy and Commerce Committee. The bill in question — the American Clean Energy and Security Act sponsored by Reps. Henry Waxman…