Detailed text transcripts for TV channel - MSNBC - 20121208:14:09:00
Renewable energy plan. it's not just the cost of the electrons but the cost of the plan. if it's competing against the legacy coal plant, the rate payers paid for that. so the competition is really unfair. then there are these aspects to the utility market, something called a capacity market. what's that? it's a new market invented where to keep power plants online, there is an extra price we pay for plants already paid for just to keep them around. we need that from a reliability point of view. what if we said, okay. capacity payment, but now we have performance standards and we want clean, n...