Cronyism alive and well in Lansing with renewable energy mandate 'lighting' it up.
The Michigan Chamber of Commerce and the two energy oligopolists in Michigan, through their lobbyists are attempting to railroad through a lame duck Michigan legislature Senate Bill 437. The bill would line the pockets of the energy oligopolists with subsidies and alleged necessary rate increases. The “climate change” advocates are being bribed to support the legislation because the legislation includes the production of more renewable energy in Michigan via windmills, etc. pursuant to Granholm’s 2008 Renewable Energy Mandate.
The following quote is from the linked article that substantiates the claim that in view of the 2016 Presidential Election results the legislature should stand fast and not support this wind fall profit package to the energy oligopolists and climate change advocates.
QUOTE: “The election of Donald Trump as the next president of the United States and the GOP maintaining control of the U.S. House and Senate means the key reason for pushing forward with Senate Bill 437, a bill that will revise utility regulations in Michigan, has effectively gone away.” http://www.michigancapitolconfidential.com/22976
It took a little time for it to sink in, but Michigan’s legislature may have made the same mistake with ATT, that was made with BCBS.
Consider the decades of [government enforced] monopoly protections and the ability to hang their lines exclusively prior to deregulation. A compact that allowed ATT to profit heavily through its stand alone status, was then modified to ATT’s desires during the breakup of the bell system in 1974. Also consider the effects on small rural operators that rely on ATT for service access.
Illinois Study Clarifies Free Markets Provide Better Value
Mike Shirkey says a new report shows electric monopolies cost families and job providers billions, and cripples local economies.
We knew that.
Apparently an Illinois study offers overwhelming Support for reforms Similar to Michigan House Bill 5184. State Rep. Mike Shirkey (R-Clarklake) highlighted the report today showing a dramatic $37 billion in consumer savings in nearby Illinois since that state replaced its monopoly-style electric system with competition and customer choice. The report cites an $18 billion in savings for residential customers and $19 billion for companies and job providers. Chicken feed. Yes?
Conveniently, the bigger power concerns in the state capitulated to ridiculous 10% energy mandates during the Granholm administration.
In 2012, an even MORE ridiculous 25×25 requirement was promoted (and failed) as a constitutional amendment, in a state which has a monstrous electricity appetite as a leader in manufacturing. Now as the legislature approaches the crossroads of [Oh gosh we can’t meet the 10%!] and [What the hell happened to electricity prices?] in Michigan, another 35% ‘mandate’ pusher shows up with a ‘conservative’ emphasis and the useful idiots who have already signed on.