For those of us growing weary of hearing about the energy crisis, coupled with the concept of more bailouts for corporations such as AIG and the rest of Wall Streets finest, we may finally have the "pick-me-up" you've been craving, in the form of green sustainability.
The truth is, "bailouts", are not just limited to Wall Street thieves. Energy Companies like Progress Energy have been granted a "pre-emptive bailout", for a boondoggle that hasn't even been built yet. No longer do corporations have to screw up and gamble away their money in order to have the government hand them more of our hard earned cash. Now they can be given the right to reach into our wallets, to subsidize their gambling schemes before they even get started. It's called Advanced Cost Recovery and the proposed Levy County nuclear plant is the first of more to come. Progress Energy started adding 25% to their customer's bills this January of 2009, in part to pre-pay for their nuclear power project. They are taxing citizens for this corporation's private gain.
But wait, where's the "pick me up", I referred to earlier? Like you, the only thing that makes me more weary, than hearing of another bailout, is hearing another person complain about it without offering any hope or solutions. Well, this time we have both. I have been researching this issue for some time now and have uncovered several solutions.
This article appears in Apr 15-21, 2009.