And the best part folks is everyone one of us in Mississippi that buys electricity from Southern Company gets stuck with the difference between what Obama didn’t give ’em and the final cost of the project, now estimated at $4.2 billion. According to the good folks over at the Bigger Pie Forum think tank the average Mississippi residential ratepayers electric bill will go up about 61% to pay for the boondoggle, an increase of $76/month. I mention this because: (h/t RFP in comments)
Kemper County power plant, oil producers find political sweet spot for Obama with ‘carbon capture’ technology ~ Dina Cappiello Associated Press
So folks, for those of you that will not be bankrupted by the NFIP rate increases will need to dig deeper to keep the lights on. I wonder what rocket scientist dreamed up the idea of sticking the poorest state in the union with the cost of President Obama’s environmental policies?