As Energy Prices Rise, Thousands of Mainers at Risk of Losing Power and Sicko Berry Wants to See Higher Fossil Fuel Prices
A 2019 study by the Maine Office of the Public Advocate found that low-income households spent on average, 19 percent of their income on energy costs. With those costs now nearly double the 2019 amount, that 19 percent could be closer to 40 percent now, said state Rep. Seth Berry, D-Bowdoinham.
“That doesn’t leave you much to feed your kids,” Berry said.
There’s no good answer, Berry said.
“The $850 checks (and) the other, federal monies were intended to help offset expenses like these, but the massive spike in fossil fuel prices combined with double-digit electric delivery prices means bills have spiked more than anybody anticipated,” he said. “It’s a world of hurt right now.”
Berry is an organizer of the Our Power campaign, which aims to establish a consumer-owned utility in Maine to replace CMP and Versant through a citizen referendum.
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Comment by Long Islander on May 24, 2022 at 4:15pm
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Environmental board reschedules hearings on CMP corridor for July
https://bangordailynews.com/2022/05/24/business/environmental-board...
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Comment by Thinklike A. Mountain on May 22, 2022 at 11:49pm
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More Evidence Suggests “Global Warming Ran Out of Steam” Years Ago – Experts Argue Global Temps Have Remained Flat For 20 Years
https://www.thegatewaypundit.com/2022/05/evidence-suggests-global-w...
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In 2022, there’s a famine in the land for truth and justice, but for the New York Times all is well. Inflation loots the savings of the people. Energy costs and crime are surging but infant formula is in short supply. The ruling junta quashes free speech, vilifies the people, and supports violent groups that menace lives and property.
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Comment by Willem Post on May 22, 2022 at 11:15am
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Future wind, solar, and battery systems in New England will be at least 25 to 30 percent more expensive in 2022 than in 2021, due to:
1) increased inflation rates, 2) increased interest rates, 3) supply chain disruptions, 4) increased energy prices, such as oil, gas, coal, and 5) increased materials prices, such as of Tungsten, Cobalt, Lithium, and Copper
BATTERY SYSTEM CAPITAL COSTS, OPERATING COSTS, ENERGY LOSSES, AND AGING
https://www.windtaskforce.org/profiles/blogs/battery-system-capital...
The supply chains to “take wind and solar to the next level to meet 2050-zero-carbon climate goals” do not exist.
The supply chains would be MUCH MORE EXPENSIVE, due to economic policies with gave us: 1) increased inflation rates, 2) increased interest rates, 3) supply chain disruptions, and 4) increased energy prices of oil, gas, coal, and materials prices, such as of Tungsten, Cobalt, Lithium, and Copper
https://www.windtaskforce.org/profiles/blogs/battery-system-capital...
All that will make it much more expensive to reduce CO2 to “save the world from climate change” (if that were actually possible).
For example, the cost of financing has increased, i.e., higher interest rates for bank loans, because the official consumer price index, CPI, is increasing at 8.5%/y (the unofficial CPI likely is about 12%/y), and the producer price index, PPI, is increasing at 11.5%/y
Owners typically put up 50% of the turnkey capital cost of a wind, solar, or battery project, the rest is financed.
Owners typically make 9%/y on their investment, when bank interest rates are low, say 3.5%/y.
Owners may want to make a higher %/y, when bank interest rates are high.
All this translates in Owners having to sell their wind solar electricity, and battery services at much higher prices, i.e., wind and solar suddenly are not competitive with existing domestic, low-cost, coal, natural gas, nuclear and hydro.
1) Solar electricity
http://www.windtaskforce.org/profiles/blogs/cost-shifting-is-the-na...
2) Grid-scale battery system services
https://www.windtaskforce.org/profiles/blogs/battery-system-capital...
3) EVs, and EV chargers, and EV charging
https://www.windtaskforce.org/profiles/blogs/poor-economics-of-elec...
https://www.windtaskforce.org/profiles/blogs/electric-bus-systems-l...
All that will make it much more expensive to reduce CO2 to “save the world from climate change” (if that were actually possible).
Also, the growing of crops for food has already been reduced, due to poorly planned sanctions on Belarus and Russia, which led to worldwide shortages of potash and phosphates (which are mined) from Belarus, and nitrogen fertilizers (which are made from natural gas) from Russia; their prices have become stratospheric.
This will lead to 1) global food shortages and food price inflation, 2) additional impoverishment of the middle classes, 3) in large areas of the Global South (South Asia, Africa, South America), increased poverty and starvation, and 4) increased migration.
NOTE: Almost all of this is due to the US relentlessly pushing to expand NATO infrastructures and personnel beyond East Germany, which it had promised not to do in 1990. The USSR and the Warsaw Pact collapsed in 1991. NATO had become superfluous.
However, the US had an “expansion mission” for NATO, per the US Secretary of Defense Wolfowitz’s budgeting plan for 1994 - 1999. The Czech Republic, Hungary, and Poland were added to NATO in 1999.
At present there are 30 NATO members “barking at the gates of Russia”.
After the US-instigated color revolution in Ukraine, in 2014, the US:
1) Turned impoverished, corrupt, oligarchic, far from democratic Ukraine, into a NATO-armed/trained proxy to weaken/diminish Russia
2) Threatened its security, with Aegis rocket systems in Poland and Romania. See URL
https://www.windtaskforce.org/profiles/blogs/the-plot-is-thickening...
This image shows aid to March 27, 2022.
US aid has increased to $54 billion after Mar 27, 2022
Who pays the piper, calls the tunes!
Maine as Third World Country:
CMP Transmission Rate Skyrockets 19.6% Due to Wind Power
Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.
Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT
******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********
(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/
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Hannah Pingree on the Maine expedited wind law
Hannah Pingree - Director of Maine's Office of Innovation and the Future
"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."
https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/
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