[ad_1]
by Bradley Thompson
The
WPPSS (pronounced “whoops”) debacle of the early Eighties affords some
attention-grabbing parallels to right now. Again within the Nineteen Seventies and 80s, speculators
believed that low-cost “clear” nuclear energy could be the power of the
future. Via the Washington Public Energy Provide System (WPPSS),
public bonds have been issued to offer financing to construct new power
infrastructure for which demand by no means materialized. The mission was
finally scrapped attributable to value overruns, mission delays, sloppy
oversight, and the public’s rising issues with the security of
nuclear power. A whole bunch of thousands and thousands of {dollars} and the general public belief was
misplaced. Briefly, the WPPSS mission was a white elephant, a enterprise
that was costly however with out worth.
Quick
ahead to right now, when none of us can escape the inundation of paid
Puget Sound Vitality (PSE) promoting touting the “clear, low-cost, and
secure” properties of liquefied ‘pure’ gasoline (LNG). TOTE Maritime and
Port of Tacoma are promising that LNG would be the “maritime gasoline of the
future!” Fossil gasoline lobbyists bought politicians on a imaginative and prescient of fracked
fossil gasoline as a “bridge gasoline to our clear power future” and, in so
doing, acquired them to cross laws particularly benefiting PSE’s
non-public enterprise with thousands and thousands in public tax subsidies. Washington
Utilities & Transportation Fee authorized PSE’s request to have
electrical energy & gasoline ratepayers pay 43% of the prices to construct the
non-public Tacoma LNG mission, to the tune of $134 million.
So, what’s incorrect with this image? Increasingly more
scientific research are casting doubt on what look like overblown
claims by PSE & TOTE, the mission is now stalled whereas allowing
company Puget Sound Clear Air Company takes a brand new have a look at the local weather
impacts of fracked gasoline, the Puyallup Tribe is asserting its treaty
rights in robust opposition to the mission, Tacoma’s fireplace chief is now
saying that the mission isn’t secure with out constructing a brand new city-funded
$6.5 million fireplace station close by, and a groundswell of issues about
security & environmental dangers at the moment are being expressed by a weary
basic public.
Don’t
let Tacoma be duped by fracked gasoline business lobbyists, company
politicians, and world non-public funding banks! A whole bunch of thousands and thousands
of public tax moneys shouldn’t be used to subsidize 18 jobs at a
non-public monopoly power utility! Let’s put money into actual options that
supply a simply transition to a 100% clear power future, not in new
50-year fossil gasoline infrastructure that locks in carbon for many years,
threatens the livability of our planet, and dangers changing into simply one other
publicly-funded stranded asset.
Learn extra:
LNG as a ship gasoline branded a ‘$22bn distraction for EU delivery’
Lowering carbon emissions: is the delivery sector ready
Fuel will not be the reply to delivery’s local weather affect, examine warns
These Are the Hardest Emissions to Minimize, and a Large Chunk of the Local weather Downside
What’s a White Elephant?
[ad_2]
Source_link
