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Winds of change may be ahead

July 29, 2013

Editor, OBSERVER: Chautauqua County and Dunkirk residents have had the advantage of receiving tax revenues from the operation of the Dunkirk Power station since the 1960s....

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DarkStar

Jul-29-13 9:56 AM

So you want the State to make up the lost taxes to the local areas by plant closing, and then retrain everyone who worked there? Now since money doesn't grow on trees NYS would need to increase taxes to pay for all that.

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PR24601

Jul-29-13 1:10 PM

"Our state government needs to step up to the plate and provide subsidies for these green energy opportunities to take hold."

OK.. you're an idiot. Why are subsidies needed to get green energy to take hold? Either there's money to be made in it, or there isn't. The government shouldn't be in the business of choosing what industries are going to succeed and fail. Solyndra anyone?

Raise state taxes to cover the local tax burden? You are a beauty. Holy cow. How about lower spending and find programs to cut so that the residents can still foot the tax bill? You sir, are clearly a tax and spend liberal - look where that's gotten us. Been around Dunkirk lately? Why don't you leave hippie-ville East Aurora for a second and come here and drive down our streets. It's the poster-city for social welfare gone bad.

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DKexpat

Jul-29-13 2:20 PM

GW Bush’s Dept. of Energy loan program was pumped up by Obama as part of the 2009 stimulus. To date DOE has committed $34.4B to 33 companies, about half of which ($17B) has been dispersed. Almost 25% of the total program - $8.3B – is for Georgia Power to build two nuclear power plants.

Losses (like Solyndra) represent 2% of total commitments. Active loan recipients owe $945M, yet have overpaid/accelerated payments so that $1.4B has been received (including Telsa, which repaid its entire $465M loan early.)

Not coincidently, four nuke plants are under construction in the US within 120 miles of each other. Why? Because GA, SC and TN passed laws to let the power companies raise rates IN ADVANCE before the plans come online. They have collected almost half a billion dollars (so far), and will continue to do so for years and years before one kilowatt is produced by those plants. Good for them, bad for consumers.

I really don’t want Uncle Sam to plan hedge fund with my tax dollars.

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225522

Aug-01-13 11:29 PM

Life is not fair. You can't make other people pay for someone else's missteps. People has always come forth to help those in need. However we cannot even the playing field for those who choose not to put forth and effort to help themselves. If we all sould be equal you would be the quarterback for the Bills !!

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