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Holcomb should veto.
Excellent; Holcomb should sign it post-haste.
This bill is widely misunderstood by its detractors. It is simply The Public Service Utilities Commission doing its job to protect consumers from high electric rates when subsidies for alternate energy run out and electric companies wish they had not shuttered their coal-fired plants until technology can catch up with demand. A little education here would do wonders for understanding this bill, but the misinformation dispensed by its detractors and lack of desire on their part to understand the purpose of the bill are difficult obstacles to overcome.
The next time you pay your electric bill and gripe about how much it is, just remember, it could be worse if we didn’t have our cheap coal fired burners making electricity. And if by chance, another technology makes a cheaper power, it is the utility’s duty to bring that technology forward and retire these coal fired units. I do not need a “greenie” telling me I need to pay more for power.
Way to go legislature. Let’s keep Indiana backwoods and in the dark for many more years. When the environmental experts tell us it’s time to let dirty coal go by way of the dinosaurs and move forward to help save this planet, we have legislators who, in their infinite wisdom, feel they know better. Obviously, ignorance and one’s egotistical belief in their own knowledge is alive and well in our local as well as national “leaders.” So many of our so called representatives need to either lead or get out of the way.
And equally obvious is that many posters to this topic don’t understand the Public Utilities Commission’s reasons for the bill.
I thought you conservatives were for letting the market operate freely. This is protectionism for the few coal companies and their workers downstate. Nothing more. The legislature knows zero about protecting the stability of the grid. We have some of the worst air pollution in the country.
See my response to Pat M, Sherman. The “protectionism” is for ALL Hoosiers, who will surely pay more for electricity if coal-fired generating plants shut down and subsidies for other sources dry up. You really ought to try to understand what this is all about; to say it is “nothing more” that the entities you cite reflects ignorance of the Public Utilities Commission reasons for doing this.