Tuesday, October 4, 2016

Kemper Mississippi Plant Will Take An Additional Month To Complete; Another $62 Million -- October 4, 2016

This debacle, recently described by The New York Times as Obama's energy centerpiece, is tracked here

Update on the Kemper Mississippi River plant, from Penn Energy:
  • Mississippi Power Co to add another month to the construction schedule
  • delay will add another $62 million to the cost of the power plant
  • new completion date: November 30, 2016
  • total price is now nearly $6.9 billion -- let's call it $7 billion, and move on
  • original cost estimate: $2.9 billion -- let's call it $3 billion, and move on
  • stockholders have absorbed $2.6 billion in losses 
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Note To The Granddaughters

Our younger daughter lives in Portland. She is more conservative than I am and lives in one of the most liberal towns in America. She loves Portland, and she loves the city's motto: "Keep Portland weird."

I say all that to say this, Todd Snider is originally from Portland. I assume his picture accompanies an occasional T-shirt with the words, "Keep Portland Weird."

This is a twenty-minute video. Not less than fifteen minutes is spent by Todd telling the story of how he started singing this song. It is truly worth a listen for folks who like Mr Bojangles and Jerry Jeff Walker.

Mr Bojangles, Todd Snider

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