Blackmail by Obama on the people of California.
"The FERC order could compel the California Independent System Operator (CAISO) to pay a 195 basis point adder to Western Grids rate of return conditional upon receiving joint approval of CAISO. In other words, the Obama-controlled FERC is ordering a rate increase to pay for green power storage to be passed through to California electricity ratepayers at the same time that Prop 23 is on the ballot to suspend green power in California as a jobs killer and electricity rate escalator during a prolonged economic depression. And for the most part the public isnt being informed.
The CAISO opposed the order on the grounds that FERC had rejected a similar request by the Nevada Hydro Company for its proposed Lake Elsinore Advanced Pump Storage Project in Riverside County.
Corruption is at the very top of our nation, in the White House.
Why is California going to stay in a Depression for at least a generation? The Federal government, if they do not "like" our environmental policies could dramatically raise the cost of energy in the State.
Would you invest your money in California under these conditions? Reserve your U-Haul--you will need to move quickly.
More...
"The FERC order could compel the California Independent System Operator (CAISO) to pay a 195 basis point adder to Western Grids rate of return conditional upon receiving joint approval of CAISO. In other words, the Obama-controlled FERC is ordering a rate increase to pay for green power storage to be passed through to California electricity ratepayers at the same time that Prop 23 is on the ballot to suspend green power in California as a jobs killer and electricity rate escalator during a prolonged economic depression. And for the most part the public isnt being informed.
The CAISO opposed the order on the grounds that FERC had rejected a similar request by the Nevada Hydro Company for its proposed Lake Elsinore Advanced Pump Storage Project in Riverside County.
Corruption is at the very top of our nation, in the White House.
Why is California going to stay in a Depression for at least a generation? The Federal government, if they do not "like" our environmental policies could dramatically raise the cost of energy in the State.
Would you invest your money in California under these conditions? Reserve your U-Haul--you will need to move quickly.
More...