It’s a rip – Quit CWIP

cwip1200-371x480by Tom Ferguson
8/12/13 ATLANTA – The Georgia legislature, in its great (yawn) wisdom, saw fit to grant Georgia Power the power to charge us ratepayers in advance for two nuclear reactors. The 16 billion dollar plus reactors are under construction at Plant Vogtle on the Savannah River just south of Augusta. CWIP (Construction Work in Progress) was passed as the Georgia Nuclear Energy Financing Act.

In testifying at the committee level many citizens argued against the proposal brought by a legislator, known technically as a lapdog. One participant’s testimony was rather brief, to wit:

The apparently irresistible lobbying and campaign contributions that seduced national legislators into signing onto privatization and deregulation schemes over the past decades brought us to the economic melt-down we are now just beginning to enjoy. The push for SB31 is more of the same. I hope you’ll consider that history and two other things in your deliberations: Nuclear power is the wrong horse; This bill is an industry fantasy and a consumer rip-off.

Truer words were never spoken.

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