Monday, 13 July 2009
Conway Has No Business Being Senator from Kentucky
Kentucky's AG, Jack Conway is running to be Kentucky's Senator in D.C. Kentucky is not an economic powerhouse. It is a state that struggles to keep pace with the national average. One area where Kentucky shines is in cost of living. Kentuckians enjoy some of the cheapest living costs in the country. A big reason for the distinction is that Kentucky has some of the lowest electricity rates in the country. A fact that not only provides cheaper living costs for its residence, but is a major selling point for luring new companies to Kentucky. Cheap energy is vital to Kentucky's viability and even growth as a state.
Why is Kentucky's energy prices so low? Because Kentucky has a massive supply of coal. Coal is burned to create steam. The steam is used to turn turbines which generate electricity. The ready supply of coal makes it a cheap power source for the creation of electricity. In fact nearly 90% of Kentucky's electricity comes from coal.
Enter Cap-n-Trade legislation in D.C. Legislation that Conway favors. The purpose of Cap-n-Tax legislation is to make it very expensive to use carbon based fuels for the manufacturing of energy. That means it would jack up the cost of using coal for electricity generation.
Yet, Conway gladly supports Cap-n-Trade. If he doesn't care about Kentucky enough to speak out against Cap-n-Tax, he has no business serving as a Senator from Kentucky. How can you support a bill that would so adversely effect Kentucky and have voters from Kentucky take you seriously as a candidate?
Why is Kentucky's energy prices so low? Because Kentucky has a massive supply of coal. Coal is burned to create steam. The steam is used to turn turbines which generate electricity. The ready supply of coal makes it a cheap power source for the creation of electricity. In fact nearly 90% of Kentucky's electricity comes from coal.
Enter Cap-n-Trade legislation in D.C. Legislation that Conway favors. The purpose of Cap-n-Tax legislation is to make it very expensive to use carbon based fuels for the manufacturing of energy. That means it would jack up the cost of using coal for electricity generation.
E.On U.S., the parent company of LG&E and Kentucky Utilities, has said that residential customers in Kentucky would see their rates rise about $10.50 a month in three years and about $19 by 2020. Commercial customers could see their rates rise as much as 39 percent by 2020.Such an increase would be devastating to Kentuckians. The poor would be hardest hit. Not only would it be a greater burden for residence of Kentucky, but it would eliminate the competitive advantage that Kentucky enjoys over other states. The legislation is so bad that West Virginia's liberal Senator, Robert Byrd, came out against it. West Virginia like Kentucky relies heavily on coal for energy production. Even Byrd realizes that the bill would incapacitate his state.
Yet, Conway gladly supports Cap-n-Trade. If he doesn't care about Kentucky enough to speak out against Cap-n-Tax, he has no business serving as a Senator from Kentucky. How can you support a bill that would so adversely effect Kentucky and have voters from Kentucky take you seriously as a candidate?
Posted by at 10:35 PM in Kentucky Politics
