2022-04-20 Are You Paying For A Worthless Gas Plant?

Every consumer should understand this very important article about the economic reality of building a gas fired power plant. The term Stranded Asset should be explained. The electric power producers are not making decisions that are in the best interests of their customers and shareholders. The banks should be required to finance new fossil fuel plants for only a short duration until 2035. Utilities should not be allowed to write off power plants as stranded assets and shutting them down before the mortgage has been paid off; they are putting the financial burden on their customers.


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