Jones County Residents Face Higher TAXES and ELECTRIC BILLS Come 2012 0

Jones County may pay higher taxes, on top of their higher electric bills during our economic crisis.   Are Jones County city offices, schools, hospitals, local businesses, and so on including the secret 2012 electric rate increases in their projected budgets?  The confidential rate increase revealing itself, without adequate warning for planning, would be detrimental. 

Our Public Service Commissioner Leonard Bentz was so very wrong when he concluded America’s economy would be fully on the mend so ratepayers could easily afford the big hike in their electric rates in 2012 to pay for the experimental Kemper County Cap and Trade Coal Plant.  Others know the concealment and postponement was actually to assist his re-election by hiding the rate increase until after the election.  Got’ta keep the crooked politicians in power.

It was Public Service Commissioners Leonard Bentz and Lynn Posey whose votes forced the entire state of Mississippi to comply with the Cap and Trade regulations even though our Government failed to successfully pass Cap and Trade.  Mississippi is the first to invite infinite REGULATIONS and a pathway for Obama’s REDISTRIBUTION of WEALTH through ECONOMIC JUSTICE.  If we build it (Cap and Trade) they will come, and now all of America will know it was Mississippi who led the way.

Leonard Bentz is proud to say; “Mississippi is leading the way in energy!”  It’s like saying Mississippi is leading the way for another phase to destroy America with over regulation.   The Obama’s agenda will now have an example in Mississippi to be able to place Limits on CO2 emissions from all American coal plants that will also lead to Carbon trading options on the Stock Exchange.  Now who does that benefit?  Wall Street?  Let’s remember CO2 makes plants grow, our food comes from plants and plants give off Oxygen. We can’t live without plants. Carbon Dioxide is NOT A POISON until contained in high concentrations like we are about to do with Carbon Capture.

We believe the United Nations is very pleased that Obama was able to find fools actually willing to comply with the nonexistent Cap and Trade scheme. Perhaps they are laughing that Mississippi even found a way to make the people unknowingly pay for Carbon Dioxide Storage in their electric bills so there is no risk to the investors.

Disgrace is upon Commissioners Bentz, and Posey, for succumbing to the pressure letter from Obama’s Energy Czar, Steven Chu. And shame on Gov. Haley Barbour for passing out favors to the Obama administration to prop up his futile presidential run out of the wallets of his own people. Coincidentally, Barbour directly profits from the building of the Kemper Power plant, so please do not lose sleep regarding Barbour’s wallet.

Thank you to Public Service Commissioner Brandon Presley for accurately predicting the harm in Cap and Trade being paid for by Mississippi ratepayers at this time.  We appreciate Presley for not betraying the trust of Mississippians. You were the only genuine advocate for the people. And this gratitude is coming from conservative Constitutional Republicans, Libertarians, as well as sensible Democrats.

If you have read something here you have evidence to the contrary, please let us know.  We want the truth to be told.

mississippicoal@mail.com

Posted: Aug 09, 2011 4:11 PM CDT Updated: Aug 09, 2011 4:53 PM CDT

JONES COUNTY, MS (WDAM) – Jones County supervisors are struggling to make tough cuts for the upcoming fiscal year.

Supervisors have asked all department heads to cut 5 percent out of their projected budgets. Officials said the county has seen a 3 1/2 percent decrease in car sales and property taxes.

Meanwhile, The Jones County School Board is not seeking more money in 2012 but is requesting the same amount as last year.

Supervisors said they believe that request could cause taxes to increase by a mil.

Copyright 2011 WDAM. All rights reserved.

Why Obama Wants Your Electric Bills to go up

Not Heeding the Warnings From Other Energy Companies

Why is Mississippi ignoring the warnings from other energy companies?  Others have determined that CCS fails to make economic sense at this point in time.  Is this the deal Haley Barbour made to gain  support for his now scrapped presidential run?  The residents of Mississippi will pay for this error forever because they have now paved the way for Cap and Trade to embark. There is no going back because there is
NO RISK TO MISSISSIPPI POWER COMPANY BECAUSE WE ARE PAYING FOR IT, NOT THEM!!!
————————————————————————————————————————————–
AEP Places Carbon Capture Commercialization On Hold, Citing Uncertain Status Of Climate Policy, Weak Economy

COLUMBUS, Ohio, July 14, 2011 – American Electric Power (NYSE: AEP) is terminating its cooperative agreement with the U.S. Department of Energy and placing its plans to advance carbon dioxide capture and storage (CCS) technology to commercial scale on hold, citing the current uncertain status of U.S. climate policy and the continued weak economy as contributors to the decision.

“We are placing the project on hold until economic and policy conditions create a viable path forward,” said Michael G. Morris, AEP chairman and chief executive officer. “With the help of Alstom, the Department of Energy and other partners, we have advanced CCS technology more than any other power generator with our successful two-year project to validate the technology. But at this time it doesn’t make economic sense to continue work on the commercial-scale CCS project beyond the current engineering phase.

“We are clearly in a classic ‘which comes first?’ situation,” Morris said. “The commercialization of this technology is vital if owners of coal-fueled generation are to comply with potential future climate regulations without prematurely retiring efficient, cost-effective generating capacity. But as a regulated utility, it is impossible to gain regulatory approval to recover our share of the costs for validating and deploying the technology without federal requirements to reduce greenhouse gas emissions already in place. The uncertainty also makes it difficult to attract partners to help fund the industry’s share.”

In 2009, AEP was selected by the Department of Energy (DOE) to receive funding of up to $334 million through the Clean Coal Power Initiative to pay part of the costs for installation of a commercial-scale CCS system at AEP’s Mountaineer coal-fueled power plant in New Haven, W.Va. The system would capture at least 90 percent of the carbon dioxide (CO2) from 235 megawatts of the plant’s 1,300 megawatts of capacity. The captured CO2, approximately 1.5 million metric tons per year, would be treated and compressed, then injected into suitable geologic formations for permanent storage approximately 1.5 miles below the surface.

Plans were for the project to be completed in four phases, with the system to begin commercial operation in 2015. AEP has informed the DOE that it will complete the first phase of the project (front-end engineering and design, development of an environmental impact statement and development of a detailed Phase II and Phase III schedule) but will not move to the second phase.

DOE’s share of the cost for completion of the first phase is expected to be approximately $16 million, half the expenses that qualify under the DOE agreement.

AEP and partner Alstom began operating a smaller-scale validation of the technology in October 2009 at the Mountaineer Plant, the first fully-integrated capture and storage facility in the world. That system captured up to 90 percent of the CO2 from a slipstream of flue gas equivalent to 20 megawatts of generating capacity and injected it into suitable geologic formations for permanent storage approximately 1.5 miles below the surface. The validation project, which received no federal funds, was closed as planned in May after meeting project goals. Between October 2009 and May 2011, the life of the validation project, the CCS system operated more than 6,500 hours, captured more than 50,000 metric tons of CO2 and permanently stored more than 37,000 metric tons of CO2.

“The lessons we learned from the validation project were incorporated into the Phase I engineering for the commercial-scale project,” Morris said.

American Electric Power is one of the largest electric utilities in the United States, delivering electricity to more than 5 million customers in 11 states. AEP ranks among the nation’s largest generators of electricity, owning nearly 38,000 megawatts of generating capacity in the U.S. AEP also owns the nation’s largest electricity transmission system, a nearly 39,000-mile network that includes more 765-kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined. AEP’s transmission system directly or indirectly serves about 10 percent of the electricity demand in the Eastern Interconnection, the interconnected transmission system that covers 38 eastern and central U.S. states and eastern Canada, and approximately 11 percent of the electricity demand in ERCOT, the transmission system that covers much of Texas. AEP’s utility units operate as AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana and east Texas). AEP’s headquarters are in Columbus, Ohio.

This report made by American Electric Power and its Registrant Subsidiaries contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Although AEP and each of its Registrant Subsidiaries believe that their expectations are based on reasonable assumptions, any such statements may be influenced by factors that could cause actual outcomes and results to be materially different from those projected. Among the factors that could cause actual results to differ materially from those in the forward-looking statements are: the economic climate and growth in, or contraction within, AEP’s service territory and changes in market demand and demographic patterns; inflationary or deflationary interest rate trends; volatility in the financial markets, particularly developments affecting the availability of capital on reasonable terms and developments impairing AEP’s ability to finance new capital projects and refinance existing debt at attractive rates; the availability and cost of funds to finance working capital and capital needs, particularly during periods when the time lag between incurring costs and recovery is long and the costs are material; electric load and customer growth; weather conditions, including storms, and AEP’s ability to recover significant storm restoration costs through applicable rate mechanisms; available sources and costs of, and transportation for, fuels and the creditworthiness and performance of fuel suppliers and transporters; availability of necessary generating capacity and the performance of AEP’s generating plants; AEP’s ability to recover Indiana Michigan Power’s Donald C. Cook Nuclear Plant Unit 1 restoration costs through warranty, insurance and the regulatory process; AEP’s ability to recover regulatory assets and stranded costs in connection with deregulation; AEP’s ability to recover increases in fuel and other energy costs through regulated or competitive electric rates; AEP’s ability to build or acquire generating capacity, including the Turk Plant, and transmission line facilities (including the ability to obtain any necessary regulatory approvals and permits) when needed at acceptable prices and terms and to recover those costs (including the costs of projects that are cancelled) through applicable rate cases or competitive rates; new legislation, litigation and government regulation, including requirements for reduced emissions of sulfur, nitrogen, mercury, carbon, soot or particulate matter and other substances or additional regulation of fly ash and similar combustion products that could impact the continued operation and cost recovery of AEP’s plants; timing and resolution of pending and future rate cases, negotiations and other regulatory decisions (including rate or other recovery of new investments in generation, distribution and transmission service and environmental compliance); resolution of litigation (including AEP’s dispute with Bank of America); AEP’s ability to constrain operation and maintenance costs; AEP’s ability to develop and execute a strategy based on a view regarding prices of electricity, natural gas and other energy-related commodities; changes in the creditworthiness of the counterparties with whom AEP has contractual arrangements, including participants in the energy trading market; actions of rating agencies, including changes in the ratings of debt; volatility and changes in markets for electricity, natural gas, coal, nuclear fuel and other energy-related commodities; changes in utility regulation, including the implementation of electric security plans and related regulation in Ohio and the allocation of costs within regional transmission organizations, including PJM and SPP; accounting pronouncements periodically issued by accounting standard-setting bodies; the impact of volatility in the capital markets on the value of the investments held by AEP’s pension, other postretirement benefit plans and nuclear decommissioning trust and the impact on future funding requirements; prices and demand for power that AEP generates and sells at wholesale; changes in technology, particularly with respect to new, developing or alternative sources of generation; and other risks and unforeseen events, including wars, the effects of terrorism (including increased security costs), embargoes and other catastrophic events.

http://www.aep.com/newsroom/newsreleases/?id=1704

Lignite Coal TAR – Additional 47% in Possible Tariffs Taxes and Regulation Fees Undisclosed

coal tar – China Customs duty & Tax coal tar Import tariff, page 1.

Want to tell you about an issue about the Kemper County Lignite Coal NO ONE is talking about, the TAR.  Whatever we do the TAR will be costly and has not been disclosed.  Lignite coal tar may have expensive tariffs, taxes, duty, and regulation according to this article.  No mater what we do with it, TAR will be regulated and MISSISSIPPI ratepayers and taxpayers will be responsible for these additional confidential – undisclosed costs.  Perhaps that is part of the Southern Electric’s/Obama’s phase 2, hit them with more money expenditures.  Some states openly expressed wishing they had not begun their Lignit Coal Ventures just for the unforeseen undisclosed costs that keep mounting.

The first example I found was if we want to ship the Lignite TAR to China there is 47% for various importing fees involved.  Even if we keep it local, it will still cost to store transport process regulate and monitor…

To see issues not addressed discussed and planned for exposes Kemper Coal Plant as a money mining project to bankruptcy or just complete federal government dependency.

Van Jones, Obama, DOE Dr Chu, PSC Leonard Bentz, PSC Lynn Posey, Gov Hayley Barbour, Mississippi Power, Southern Company,  and the most criminally involved manufacturing company KBR should be so very proud of their smooth operation past the blind people of Mississippi.

 

HS : 270600**

Description : Tar distilled from coal, from lignite or from peat, and other mineral tars, whether or not dehydrated or partially distilled, including reconstituted tar<<

 

Goods ever classified under this HS code :

crude tar ,ethylene tar ,high temperature coal tar <<

2011-2010 China custom duty of coal tar Search

Year MFN Gen VAT
2011
2010 1% 30% 17%

 

(End of sample for better viewing see original site)

http://tariff.e-to-china.com/tariff-coal-tar-d_3-t_1.html

 

HS : 6807

Description : Articles of asphalt or of similar material (for example, petroleum bitumen or coal tar pitch):

Goods ever classified under this HS code :

articles of coal tar pitch ,articles of asphalt ,articles of petroleum bitumen >>

HS : 270600**

Description : Tar distilled from coal, from lignite or from peat, and other mineral tars, whether or not dehydrated or partially disti… >>

Goods ever classified under this HS code :

crude tar ,ethylene tar ,high temperature coal tar <<

2011-2010 China custom duty of coal tar Search

Year MFN Gen VAT Consumption Tax
2011
2010 1% 30% 17%

HS : 380700**

Description : Wood tar; wood tar oils; wood creosote; wood naphtha; vegetable pitch; brewers, pitch and similar preparations base… >>

Goods ever classified under this HS code :

bamboo tar ,carbon tar ,coaltar pitch >>

2011-2010 China custom duty of coal tar Search

Year MFN Gen VAT Consumption Tax
2011
2010 6.5% 35% 17%

HS : 270799**

Description : Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the ar… >>

Goods ever classified under this HS code :

coal coke ,anthracene oil ,carbolic oil >>

2011-2010 China custom duty of coal tar Search

Year MFN Gen VAT Consumption Tax
2011
2010 7% 30% 17%

HS : 3208

Description : Paints and varnishes (including enam els and lacquers) based on synthetic polymers or chemically modified natu ral polym… >>

Goods ever classified under this HS code :

epoxy coal tar pitch anticorrosive coating ,tar polyurethane waterproof coating ,epoxy coating >>

HS : 270810**

Description : Pitch

Goods ever classified under this HS code :

coal asphalt ,coal pitch ,coaltar pitch >>

2011-2010 China custom duty of coal tar Search

Year MFN Gen VAT Consumption Tax
2011
2010 7% 35% 17%

HS : 2706

Description : Tar distilled from coal, from lignite or from peat, and other mineral tars, whether or not dehydrated or partially disti… >>

Goods ever classified under this HS code :

reconstituted tars ,tar

HS : 340220**

Description : Organic surfaceactive preparations, washing preparations (including auxiliary washing preparations) and cleaning prepara… >>

Goods ever classified under this HS code :

cleaning agent for coal tar ,coal tar cleanser ,cleaner for precise electric appliances >>

2011-2010 China custom duty of coal tar Search

Year MFN Gen VAT Consumption Tax
2011
2010 10% 80% 17%

HS : 270400**

Description : Coke and semicoke

Goods ever classified under this HS code :

coal ,coal coke ,coal coke carbon >>

2011-2010 China custom duty of coal tar Search

Year MFN Gen VAT Consumption Tax
2011
2010 0% 11% 17%

HS : 841459**

Description : Other

Goods ever classified under this HS code :

coal mine anti-explosion host-blade fan ,coal tar fan ,coal-fired hot blast fan >>

2011-2010 China custom duty of coal tar Search

Year MFN Gen VAT Consumption Tax
2011
2010 8% 30% 17%

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