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GREEN POWER

 

GREEN POWER SEEMS TO BE TURNING UP JUST ABOUT EVERYWHERE. THERE ARE BROKERS SELLING "GREEN POWER CERTIFICATES" FOR REAL MONEY TO COMPANIES HOPING TO GET GOOD PR, BUT ONE HAS TO ASK, JUST WHAT IS A "GREEN POWER CERTIFICATE" AND WHAT IS GOING TO HAPPEN IF THE GENERAL PUBLIC FINDS OUT WHAT THEY REALLY ARE?

WHEN YOU BUY A "GREEN POWER CERTIFICATE" YOU DON'T ACTUALLY RECEIVE ANY POWER, GREEN OR NONGREEN. YOU STILL HAVE TO PAY THE BILL FROM YOUR LOCAL POWER COMPANY. THE POWER YOUR LOCAL COMPANY DELIVERS IS UNLIKELY TO HAVE ANY RELATIONSHIP TO THE "GREEN POWER" THE CERTIFICATE SAYS YOU BOUGHT.

SO WHAT ARE YOU REALLY BUYING? YOU ARE BUYING A PIECE OF PAPER THAT SAYS SOME GREEN POWER SOMEWHERE HAS YOUR NAME ON IT. THE POWER MAY ACTUALLY GO TO A COMMUNE IN CALIFORNIA, BUT YOU HAVE SOMEHOW HAD SOMETHING TO DO WITH IT.

ALL OF THIS CAN BE WELL INTENTIONED, BUT THERE CAN BE A DARK SIDE TO THIS TOO. SINCE YOU AREN'T ACTUALLY RECEIVING THE "POWER" YOU ARE PAYING FOR, HOW DO YOU KNOW IT ISN'T ACTUALLY A SCAM? IF YOU ARE BUYING THROUGH A BROKER, AND THE BROKER IS ONLY GIVING YOU A PIECE OF PAPER, PERHAPS YOU'RE PAYING BIG BUCKS FOR A WORTHLESS PIECE OF PAPER. WHAT'S THE PR GOING TO BE LIKE WHEN THE PUBLIC FINDS OUT YOU DIDN'T REALLY BUY ANY "GREEN POWER"?

GREEN POWER CERTIFICATES ARE LIKE A DREAM COME TRUE FOR CON ARTISTS. THERE WILL ALWAYS BE SOME MIDDLEMEN SELLING THE SAME "GREEN POWER" TO MULTIPLE CUSTOMERS. AFTER ALL, WHO'S REALLY AUDITING THEIR BOOKS? IF THE BROKER ISN'T WILLING TO HAVE THEIR TRANSACTIONS AUDITED BY A LEGITIMATE ACCOUNTING FIRM, YOU CAN BE SURE THEY ARE PHONY.

THE "PRODUCERS OF "GREEN POWER" NEED TO BE AUDITED TOO. LATELY THERE HAS BEEN A SURGE IN WIND POWER INSTALLATION. THE ECONOMICS OF WINDMILLS IS UTTERLY IMPLAUSIBLE. THEY PRODUCE UNRELIABLE POWER WORTH LESS THAN $0.025/ KILOWATT HOUR AT A REAL COST OF AROUND $0.09 - $0.12 / KWHR. THEY DEPEND UPON THE ELECTRIC COMPANY TO PASS ALONG THE HIGH COSTS. THEY ALSO USE TAX SUBSIDIES,TAX SHELTERS, AND YOU GUESSED IT - 'RENEWABLE ENERGY CREDITS" TO MAKE MONEY.

THEY ALSO MISREPRESENT HOW MUCH POWER THEY PRODUCE. THEY LOVE TO MAKE STATEMENTS LIKE, "THIS FACILITY WILL PRODUCE ENOUGH POWER FOR 4,000 HOMES". OF COURSE THIS IS NEVER TRUE. THEY ARE REFERRING TO THE THEORETICAL POWER THAT WOULD BE PRODUCED IF THE WIND WERE ALWAYS BLOWING AT THE MAXIMUM SPEED THAT THE WINDMILLS COULD TOLERATE. THEY HAVE SIMPLY TAKEN THE MAXIMUM POWER OUTPUT STATED BY THE MANUFACTURER AND COMPARED IT TO THE AVERAGE HOUSEHOLD USE. THEY ARE BEING INTENTIONALLY MISLEADING. TYPICAL WINDMILL POWER PRODUCTION IS ONLY ABOUT 25% OF THE STATED CAPACITY.

WHEN YOU BUY "GREEN POWER CERTIFICATES" FROM A PRODUCER, ARE YOU PAYING FOR "POWER" ACTUALLY PRODUCED, OR ARE YOU PAYING FOR WHAT'S STAMPED ON THE PLACARD? WORSE YET, ARE YOU PAYING FOR THE SAME "POWER" THAT 100 OTHER COMPANIES ARE "BUYING"?

IT'S AMAZING THAT A COST OF LESS THAN ONE CENT PER KILOWATT HOUR IS SOMEHOW CONSIDERED CHEAP FOR "GREEN POWER CERTIFICATES". AFTER ALL, THEIR ONLY COMMERCIAL VALUE IS FOR PR. WHEN THE TRUTH ABOUT "GREEN POWER CERTIFICATES" GETS OUT TO THE PUBLIC, THEY MAY ACTUALLY HAVE A NEGATIVE PR VALUE.

I WONDER WHAT BONNEVILLE HYDRO POWER IS CHARGING FOR "GREEN POWER CERTIFICATES"???

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