MINING BILL MEANS JOBS AND A HEALTHY WISCONSIN

With passage by the state Assembly on a 58-36 vote,  Wisconsin moved a big step closer to bringing back one of Wisconsin’s foundational industries – iron mining. Assembly Bill 426 would maintain Wisconsin’s strong environmental standards while streamlining the process to approve a new iron mine in Wisconsin.

The current process fails to recognize the difference between mining for iron, which involves no hazardous chemicals, and the environmental challenges in mining for metals like copper and silver. An iron mine proposed near Hurley would bring a private investment of $1.5 billion in construction and over 2800 new jobs to Wisconsin. With the exception of power plants, this would mark the largest private investment in Wisconsin history.

Why does the mine matter to utility investors? The modern, environmentally responsible mining process means an iron mine instantly becomes one of Wisconsin’s largest customers for electric energy. Electric shovels will dig the rock, electric crushers will grind it and electric magnets will separate the iron from the sand without the use of chemicals.

Now is the time to stand up for Wisconsin’s economy and the thousands of Wisconsinites who need family supporting jobs. Contact your legislator today and tell them to support AB 426.

Click Here to view AB 426.

2011 Outlook Bright for Utility Investors

With a chance for more reasoned deliberations in Washington DC and a decidedly more business friendly administration and legislature in Wisconsin, utility shareholders have every right to be optimistic about 2011. As in the past, Wisconsin Utility Investors will be at the forefront, working with policy-makers at all levels to protect and enhance the interests of Wisconsin utility companies’ owners. WUI owes its successes to the active participation of its more than 17,000 members. The WUI Board of Directors and staff wish each and every one of you a happy and prosperous new year!

Global Warming Advocates Ignore Reality of Nuclear Energy

 

“A new type of nuclear reactor—smaller than a rail car and one tenth the cost of a big plant—is emerging as a contender to reshape the nation’s resurgent nuclear power industry.”

Talking to advocates for Global Warming regulation, like the “Clean Energy Jobs Act” currently before the Wisconsin Legislature, one is continually amazed at their reliance on technologies that have yet to be conceived. 

Yet, most refuse to acknowledge real advances in nuclear technology that make Wisconsin’s Nuclear Moratorium objectively ridiculous.  Continuing this moratorium in their bill calls into question whether they really believe global warming is the crisis they say it is.

This Wall Street Journal article is about nuclear reactors the size of a house that can be buried at existing nuclear or coal plants to produce safe, emission free energy for at least 60-years at a reasonable cost.

“The first units likely would be built adjacent to existing nuclear plants, many of which were originally permitted to have two to four units but usually have only one or two. Down the road, utilities could replace existing coal-fired power plants with small reactors in order to take advantage of sites already served by transmission lines and, in some cases, needed for grid support. Like any other power plants, these small reactors could be easily hooked up to the power grid.”

The company that developed this system has been making similar units that have been safely operating in American nuclear submarines for decades.

The technology could be approved by the Nuclear Regulatory Commission in the next several years. 

“While large reactors are built on site, a process that can take five years, the mPower reactors would be manufactured in Babcock & Wilcox’s factories in Indiana, Ohio or Virginia and transported by rail or barge. That could cut construction times in half, experts believe.”

Tell your elected representatives to oppose any global warming bill that doesn’t encourage nuclear energy in Wisconsin.  Use WUI PowerLines to make yourself heard!

Wisconsin Leaders at Odds With President on Nuclear

“Our competitors are racing to create jobs and command growing energy industries. And nuclear energy is no exception.” – President Obama, February 16, 2010

“Promising “this is only the beginning,” President Barack Obama announced more than $8 billion in federal loan guarantees Tuesday for the construction of the first nuclear power plant in the United States in nearly three decades.”

Those new jobs will be in Georgia.

That’s right, Georgia will get hundreds of permanent highly paid jobs, thousands of construction jobs AND $8 billion that will actually impact carbon emissions in their state.

Why not Wisconsin?

Good Question.

They call the Global Warming Task Force Bill the “Clean Energy Jobs Act” (SB 450/AB 649) but continue to effectively ban clean energy and jobs from nuclear energy.

Wisconsin’s archaic ban on new nuclear energy keeps our state from competing with progressive states like Georgia.

“Obama’s budget proposal for 2011 would add $36 billion in new federal loan guarantees to $18.5 billion already budgeted but not spent — for a total of $54.5 billion.”

Click here to access PowerLines and send a message to Governor Doyle and your other state elected officials!

Encourage Your Legislators to Streamline the Fuel Rules Process

CONTACT THE GOVERNOR AND YOUR LEGISLATORS TODAY
URGE THEM TO SUPPORT FUEL RULE EQUITY

When determining fuel costs utility companies make estimates sometimes 1.5 years in advance.  When the prices are stable, your investments are safe.  But when the prices become volatile, the bureaucratic process takes months to sort out, which can punish investors and rate payers.   Due to these potential volatile fuel markets, WUI is seeking an overhaul of the “fuel rules” within the Public Service Commission (PSC).

Tell your representatives:

  • Support the Fuel Rules amendment to the budget to bring fairness for shareholders and ratepayers.
  • Support a streamlined process where the PSC can maintain a faster, fairer rate adjustment.
  • Allow shareholders and ratepayers to be treated equally because no one should profit form wild swings in fuel prices.

To contact your representatives please click the link below.

http://www.votervoice.net/Groups/WUII/Advocacy/?IssueID=18251&SiteID=-1