Opinion: Tying up some loose ends
On the GMO front, the county commissioners are faced
with sorting through lots of facts and opinions, but I have not heard much
about the widespread use of certain herbicides leading to the evolution of
“superweeds.” According to “The Growing Menace From Superweeds,” Scientific
American, May 2011, weeds are developing resistance to glyphosate, the active
ingredient in RoundUp and other herbicides. This process parallels the
evolution of bacteria to resist certain antibiotics, and is accelerated by
widespread use. Companies like Monsanto may make a profit by creating a GMO that
resists a herbicide, and then promoting both this genetic variant and the
herbicide. And farmers may do better in the short term, although even this is
under debate. But the GMO/herbicide combo seems counterproductive in the long
term, and that is what will ultimately count.
In the utility arena, Xcel has filed for a rate increase
that, according to reports, will raise rates about 4 percent, nearly a $5
million increase for Boulder ratepayers. Part of the request in Xcel’s proposal
is that they be compensated for the loss of revenues from the expiration of
their contract with Black Hills Energy, which provides power in the Pueblo
area. The Pueblo Chieftain reports, “The rate hike is sought in part to cover
lost revenue from the utility’s decision to stop selling power to Black Hills
Energy after this year, Xcel says. The decision led Black Hills, which says its
hands were tied by Xcel’s actions, to rush to build its own power plant that
will result in double-digit rates hikes on its customers.”
What I find interesting is that Xcel wants Colorado
ratepayers to compensate the company for a revenue loss that it apparently
created. The Pueblo Chieftain further reports, “The state Public Utilities
Commission oversaw the moves by both utilities. The commission has maintained
that it lacked the authority to force Xcel into extending the power supply
contract and that a new natural gas-fired plant was Black Hills’ best option
going forward.” But of course the PUC does have power. It could eliminate any
profits that Xcel might make from selling the surplus power on the open market,
currently a significant benefit to Xcel. Or the PUC could finally acknowledge
that the current regulatory system has removed almost of Xcel’s risk and
severely reduce its high return on equity (Xcel was awarded 10.5 percent in
2010.)
With regard to decreasing CO2 emissions, it’s time for
the legislature to take a long-term perspective on where we need to get to.
Many scientists have posited that an 80 percent reduction in greenhouse gas
emissions by 2050 is the minimum needed to keep our home planet from becoming
an environmental disaster. Given the long lifetime of fossil fuel generation
investments, current actions must be viewed with that timeline in mind. Thus,
the legislature would do well to revisit the Clean Air Clean Jobs Act decision
to invest more money in coal plants (really, how crazy is that?)
Colorado’s Renewable Energy Standard is inadequate and
too short term. The “30 percent” requirement for investor owned utilities is
really only 26-plus percent because most in-state renewable energy is counted
1.25 times. The requirements for rural co-ops and municipal utilities are
weaker yet. Preliminary figures I have seen put the whole state at only around
16-17 percent renewable energy by 2020. And Xcel has indicated that it does not
expect to acquire any additional renewable energy projects in Colorado until
2028 (only 22 years before 2050), other than a small amount of distributed
generation — most likely, rooftop solar and solar gardens.
Without continually increasing the standards for all
utilities, public and private, our wind and solar industries will disappear,
and when we finally figure out that they are essential, we will have to rebuild
them from scratch. It’s time for the legislature to stop playing around with
“good ideas” that won’t get the job done, tell the PUC to come up with a long
term plan to actually get us an 80 percent CO2 reduction by 2050 statewide, and
keep updating the plan as technology improves. This is not an issue that can
wait!