UT SeaCooling Ban on Power Plants
The State Water Resources Control Board last week decided to phase out once-through cooling for seaside power plants because the process kills more than 2.6 million fish and 19 billion fish larvae annually, according to the agency. The policy may be contested by energy companies concerned about the cost of compliance, including fitting new infrastructure into existing facilities.
Ratepayers statewide will pay the bills for retrofitting, which could reach into the billions of dollars.
TCN Report Shows Misuse of Funds
The Chamber of Commerce released the results of a long-awaited financial review late Wednesday afternoon to the City Manager’s office. Among the findings are a pattern of co-mingling of funds, diversion of specific-use funds and providing financial benefit to a board member.
The Coast News was unable to get comments from the former Chamber employees, Gary Tucker or Mike Andreen, who have recently left the Chamber. Both men are considered players in Encinitas politics.
Read the whole article and the audit report at The Coast News.
See Also: TLB Rumors Erupt at ECC
"Our off balance sheet obligations associated with Social Security and Medicare put us in a $56 trillion financial hole—and that's before the recession was officially declared last year. America now owes more than Americans are worth—and the gap is growing!"
WSJ Warning: The Deficits Are Coming!
After rumors of fiscal mismanagement and possible misuse of taxpayer funding an audit of the Encinitas Chamber of Commerce is being conducted.
UT Governor Backs Down
"So if both parties don't like to borrow from local government, of course we will not borrow from local government. That's clear.”
USAT Leap in US Debt Hits Taxpayers
Taxpayers are on the hook for an extra $55,000 a household to cover rising federal commitments made just in the past year for retirement benefits, the national debt and other government promises, a USA TODAY analysis shows.