THIS IS AN ARCHIVE OF LAKE TAHOE NEWS, WHICH WAS OPERATIONAL FROM 2009-2018. IT IS FREELY AVAILABLE FOR RESEARCH. THE WEBSITE IS NO LONGER UPDATED WITH NEW ARTICLES.

NV Energy plots path to make money without coal


image_pdfimage_print

By Andrew Doughman, Las Vegas Sun

Sen. Harry Reid arrived in Carson City on a Wednesday in February, commandeered an office at the Legislature and sat down with state Sen. Kelvin Atkinson to hatch a plan.

A sweeping proposal to move coal out of Nevada’s energy mix had incubated for months among a group of powerful and influential politicians, business executives and lobbyists before they stepped forward and selected Atkinson to help execute it — at least publicly.

What emerged from that meeting was a legislative power play reaching from D.C. to Nevada that illustrates how consummate insiders can dictate energy cost and policy for every Nevadan for the next decade.

The big idea: Nevada would cease its investments in three coal-fired power plants and NV Energy, the state’s energy monopoly, would get to build expensive gas and renewable energy power plants — a cost that ratepayers would have to bear.

In a state with nearly the highest energy costs in the Mountain West region and a growing renewable energy sector, a potentially risky shift from coal to gas and alternative-energy plants could have been momentous or disastrous for Nevada residents, businesses, energy providers and politicians.

Click here to read the whole story

image_pdfimage_print

About author

This article was written by admin

Comments

Comments (1)
  1. Boone6651 says - Posted: July 2, 2013

    Keep voting for Dirty Harry and then act surprised when this kind of thing happens… wake up Nevada!