California legislature passes bill to limit coal-fired power

MarketWatch ^ | Aug. 31, 2006 | Mark Golden

[FairOpinion]

As expected, the California Senate on Thursday approved a bill that would limit purchases of electricity from coal-fired power plants by the state's electric utilities and large companies.

The bill, passed previously by the state Assembly, now moves to the desk of Gov. Arnold Schwarzenegger, who is expected to sign it. A separate measure to limit greenhouse gas emissions among all heavy industry is also expected to be passed Thursday.

Together, the two steps would make California by far the most active state in combating global warming. The electricity measure, Senate Bill 1368, would prohibit new long-term contracts for basic power supplies from coal-fired generating stations, at least until such power plants install equipment that would greatly reduce emissions of greenhouse gases. California doesn't have any coal-fired plants, but its utilities get about 20% of their supplies from coal-fired plants in other western states.

[goldstategop]

Oy vey! And I won't even ask what the "price" is in a market in which competition is outlawed.

(No more Olmert! No more Kadima! No more Oslo! )

[ApplegateRanch]

And how come you are not criticizing the Dem Legislature which passed this insanity and many others, in the first place?

Because people expect it from them?

[FairOpinion]

Some people just don't get it -- the socialist Dems are the real enemy.

[the invisib1e hand]

just wait until their lawyers start suing the rest of us for burning coal...

[Enterprise]

Just the thought makes me roll my eyes. It will be a sort of "I don't know a damned thing about economics or energy, but I did sleep in a Holiday Inn Express last night." Once again, one thinks of the parents away for the weekend and the teenagers dragging out the booze, pot, and condoms. Good times again for the Juvenilecrats.