Rising Hegemon
Well, guess what...can't live with 'em, the power company's will may you pay to live without 'em:
Closing the San Onofre nuclear power plant is in the "best interests" of Southern California Edison's 4.9 million customers and those ratepayers should be prepared to pay a portion of the shutdown costs.
We billed you extra to build it -- even if you didn't want it -- and now we'll bill you to tear it down...sucker.
That's the message in a public letter published as a full-page advertisement in the Los Angeles Times on Monday.
"If a utility asset must be retired before the end of its expected life, the utility recovers from customers its reasonable investment costs," Edison wrote.
This seems an appropriate metaphor for modern American business somehow.
6 comments:
“Dave Wright, general manager of Riverside Public Utilities, voiced the feelings of many involved in the ill-fated project:
” ‘In hindsight, if we knew we were going to get no benefit out of this major investment, we never would have done it,” he said. “But this is one of those who-would-have-thunk-it moments. It was inconceivable.‘ ”
He keeps using that word. I do not think it means what he thinks it means.
Shorter Riverside Public Utilities: "We are not going to pay for our own fuck-ups, nosirree, bob."
I'm betting they've been taking advice from the banks.
Privatize the profits, socialize the losses.
Except for green energy companies that could help,save the planet.
Let them fail.
So after they botched maintenance so badly that the plant became unusable, the ratepayers have to pay extra to close it -- corporate socialized risk at its finest.
” ‘In hindsight, if we knew we were going to get no benefit out of this major investment, we never would have done it,” he said.
And where are the corporate tools who were paid big bucks for their brilliant experience and knowledge to make that investment decision and daring capitalistic risk-taking that would make us peons tremble with fear?
ask Japan how great nuclear is.
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