It’s been a while since news of a proposed hydrogen plant at the TransAlta site was reported in The Chronicle.
The hoops and joys of economic advancement were the tone of the day. However, a much more gloomy side needs to be revealed.
Power rate increases. This is a prediction and a potential reality that needs to be considered. When you consider the power needs of a $600 million plant to take electricity off the grid in a sweetheart deal, well, let’s just say it creates a shortage of electricity and a bidding war of sorts.
The net effect is the power increase for local customers who rely on Bonneville.
Our governor has foisted upon us a cap and trade plan, which means if you produce carbon you pay. It means if you reduce carbon you get huge tax breaks. This is the governor of the same party as his predecessor Christine Gregoire, whose…