State Energy Mandates Will Affect Your Investments and Our State

Immediate Action Required!

Because most people understand global warming legislation kills jobs for no good reason, the Governor’s global warming legislation has been renamed the “Clean Energy Jobs Act” (AB 649/SB 450). The bill is being pushed now even though evidence of global warming has been seriously discredited and its proponents are in retreat worldwide.  

 A recent study of the Wisconsin Global Warming Bill by the Wisconsin Policy Research Institute shows that it will:

 • ADD $16 BILLION IN UNNECESSARY COST TO WISCONSIN INDIVIDUALS AND BUSINESSES 

  • LEAD TO 43,000 WISCONSIN JOBS LOST  

Congress and other states are backing away from these mandates, Wisconsin should too. If a bill must be passed it should:  

• Let utilities decide how to meet the goals in the most cost effective way. We have a Public Service Commission to approve any proposal. Let them work without strings attached.  

• Encourage green energy from wherever it can be produced the most cheaply to save consumers money.  

• Encourage all options for clean, safe power, including nuclear. Completely end the Nuclear Moratorium. Even President Obama supports the expansion of nuclear energy!  

• Not force Wisconsin utilities to buy energy from power producers who haven’t shown the commitment to Wisconsin that our utilities have.

• Only require utilities to provide renewable energy that doesn’t raise rates or threaten their ability to reliably provide energy whenever it is needed.  

These decisions are being made right now. The legislative process will end in April. Make your voice heard today by calling your legislator at 1-800-362-9472 or click here to use WUI PowerLines.

Global Warming Debate: Government Study vs. Common Sense

 The Sunday Milwaukee Journal Sentinel presented opinions on both sides of the Global Warming Bill currently before the Wisconsin Legislature.  One, the official position of the Editors, cited a government study that promised new jobs.  The opposing view (Global Warming Bill Kills State Jobs) from Wisconsin Manufacturers and Commerce’s Scott Manley cited an independent study and common sense.

 Great caution should be used when considering a study produced by the very people trying to pass the legislation, especially when the results aren’t backed up by common sense.  For instance, few people would believe that forcing consumers and employers to pay billions of dollars in increased rates for gasoline, electricity and countless other products would help our state create new jobs.

 Manley puts it well in his column:

 “Higher electric bills will not create jobs. Making gasoline more expensive will not create jobs. Significantly increasing the cost of doing business in Wisconsin will not create jobs. Taking more money from Wisconsin families will not create jobs.”

 The telling line in the Journal Sentinel Editorial comes near the end:

 “Certainly, whatever can be done to mitigate the costs and any possible loss of jobs, needs to be done.”

 Why would we have to “mitigate the…loss of jobs” in a bill intended to create them?

Global Warming Bill Misses Chance for Real Jobs

The largest source of carbon-free energy available to Wisconsin is nuclear energy.  Producing that energy in Wisconsin can keep energy dollars here.  That is why the Governor’s Global Warming Task Force recommended lifting the ban on new nuclear energy.

 In place of the outright ban, this bill bans production of nuclear energy beyond what is needed for in-state use. 

 “If this bill is about jobs, they should encourage the export of new nuclear energy,” said Bob Seitz, Executive Director of Wisconsin Utility Investors, Inc.  “The ban means we can buy energy produced by highly paid workers in other states but can’t invest in this carbon-free, green energy source to sell outside of Wisconsin.”

 “The conclusion of the task force and the Governor is that nuclear energy should be considered as a safe, clean alternative energy source,” said Seitz.  “So why shouldn’t Wisconsin workers build and run a plant that can export that clean energy?”

 Lacking the wind, sun or hydroelectric potential of many western states, Wisconsin is likely to remain a net importer of carbon-free energy.  The more low-carbon energy that is mandated, the more will be spent employing workers in other states instead of Wisconsin. 

 The ban on exporting new nuclear energy will cost Wisconsin consumers and businesses much more because the cost of constructing the plant cannot be spread to consumers in other states.

 Utilities and policymakers across the nation are turning to nuclear energy as the only option for large-scale production of reliable carbon-free energy.  As drafted, the bill would prevent Wisconsin from competing for these highly paid “green jobs.”

 “Proponents point out that Wisconsin exports $16 billion for “energy resources,”” said Seitz.  “Nuclear energy should be an option to reverse the flow of energy dollars from our state.

 A nuclear plant capable of exporting power beyond Wisconsin’s needs would bring billions of dollars of construction work in addition to the hundreds of people who would have high quality jobs for the next 50 or more years.  Average pay for a worker in the nuclear industry is $62,000.

 “This bill will raise energy costs by billions of dollars, threatening existing jobs,” said Seitz.  “Nuclear is the only energy source capable of limiting energy costs and creating a significant number of jobs in Wisconsin.”

 Wisconsin Utility Investors, Inc is a grassroots organization made up of over 16,000 small, individual investors in shareholder owned utilities serving Wisconsin.  Most members invest for their retirement and to build and grow Wisconsin.

 “Our members have put their money where their mouth is,” said Seitz.  “They are proud to have invested in Wisconsin.”

 WUI strongly opposes this Bill as written.

Senator Kedzie’s Open Letter Regarding Global Warming Task Force

Senator Neal Kedzie, ranking member of the Wisconsin Senate Environmental Committee, has issued an open letter regarding Governor Doyle’s Global Warming Task Force.  This letter comes on the heals of heavy skepticism regarding the effort to prove man-made global warming.

Senator Kedzie writes:

For most of my tenure in the legislature, I have initiated and advanced environmental protection legislation, basing my decisions on sound science with a goal of balancing the needs environmental preservation with the needs of economic stability.  To be certain, any legislation relating to global warming or climate change should adhere to that basic principle due to it’s far reaching implications. But now, the credibility and intent of the science has come under suspicion.

Well said, Senator Kedzie!  If you would like to write your legislators regarding this important issue, please log in to Power Lines and make your voice heard.