I'm a Free Market iMommy Who's Tired of Sour Apples. Thanks Paul Chesser of the National Legal Policy Center for Connecting the Dots...
"in April NLPC reported was a conflict of interest for Apple director and former Vice PresidentAl Gore..." NLPC Paul Chesser article
"Duke Energy is penalizing residential and business customers while planning to continue raising their rates year after year.” NLPC Paul Chesser article
"..This sour deal for the rest of Duke Energy’s customers illustrates how crony capitalism undermines free markets and consumer choice deep below the surface..." NLPC Paul Chesser article
Unfortunately the only way that Bloom’s energy is affordable for Apple is to make other people pay for it, which is what they will do. At the same time Apple ensures that Bloom, under the wing of Kleiner Perkins, gains a sizable customer for its fuel cells as Gore is in a position to help all the parties
As for others paying the extra millions for electricity, that’s where Duke Energy and crony capitalist CEO Jim Rogers come in. A few years ago North Carolina enacted a renewable energy mandate that requires the state’s investor-owned utilities (now, for the most part, that is only Duke) to obtain 12.5 percent of their electricity generation from renewable sources by 2021. Partially as a result Duke has been in the process ofbuying wind and solar projects, as well as power from other sources classified as “renewable.” Duke doesn’t mind paying the extra money for that power since the N.C. Utilities Commission guarantees those costs are covered in addition to the company’s rate of return on investment.
http://www.bizjournals.com/charlotte/blog/power_city/2012/11/duke-energy-ceo-power-use-may-grow.html
It's Because Al Gore Was FEEDING the Iberdrola...
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