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financial risk
Wed Nov 04, 2009 at 08:56 AM CST
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The risk analysis used to create Austin Energy's Staff Generation Plan omits numerous elements that will cause Austin's near-future electricity prices to spiral upward.
Alarming Financial Risks associated with: ozone nonattainment, greenhouse gas regulation, coal ash regulation, health injury costs, exposure to litigation, and highly volatile maintenance costs -- are all left out of the analysis used to guide our City's energy plan, 2010 to 2020. Thus, City managers are recommending a coal-centric strategy. Risks omitted all target Austin's coal plant, located in La Grange and responsible for providing 1/3 of your electricity...
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