One Way Ticket to Fuel-Switching Paradise
The general assembly continues to do Xcel’s bidding and Amy Oliver continues to out them for it. Yesterday, two pro-consumer pieces of legislation that Xcel wanted buried were killed 3-2 in a Senate committee. Meanwhile, Xcel’s preferred plan is flying through the gold dome. The preferred fat cat plan, also known as HB 1291, will allow Xcel to fuel-switch themselves to the tune of hundreds of millions of ratepayer dollars. There are few things in this world as delicious to state-sanctioned monopolies as good old fashioned corporate welfare. As always, we’ll keep you up to date on all things energy over at our Environmental Policy page.
[...] I want to give a big thanks to Amy Oliver for keeping us up-to-date on what’s going on with Xcel’s stranglehold on the general assembly. She wrote last night of some great quotes coming out of the Senate floor debate regarding HB 1291 – Xcel’s fuel-switching paradise. [...]
27 Apr 2011 at 12:44 pm
[...] I want to give a big thanks to Amy Oliver for keeping us up-to-date on what’s going on with Xcel’s stranglehold on the general assembly. She wrote last night of some great quotes coming out of the Senate floor debate regarding HB 1291 – Xcel’s fuel-switching paradise. [...]
27 Apr 2011 at 1:07 pm