Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (706256)	3/28/2013 11:48:45 AM
From: tejek	Read Replies (2) \| Respond to of 1572918

Solar power coming on strong By Steve Benen - Thu Mar 28, 2013 11:00 AM EDT Associated Press When Rep. Paul Ryan (R-Wis.) unveiled his Republican House Budget plan a few weeks ago, he specifically criticized two U.S. solar projects as examples of "ill-fated ventures" that received federal loan guarantees from the Obama administration. Even for Ryan, it was an odd thing to complain about. The two projects the congressman called out -- Solar Reserve's solar tower in Nevada and Sempra Energy's Mesquite Solar complex in Arizona -- are both doing quite well. Solar Reserve chief executive Kevin B. Smith, who wrote a letter to Ryan to explain why his business is an American "success story," told the Washington Post he has "no idea" why the Budget Committee chairman made the charge. Asked why Ryan calls the businesses "ill-fated ventures," the congressman's spokesperson dodged the question and changed the subject. There is, of course, a larger point to this: not only are the companies Ryan doesn't like succeeding, but the entire solar industry is starting to boom. Bloomberg News reports that, as of this year, solar power "will be the second-biggest source of generating capacity added to the U.S. electric grid." Rooftop solar systems can be installed for about $4 a watt and utility-scale systems for $2 a watt, Harris said. "We can see our way to $1.50," he said. "At those kinds of costs, we're competitive in the Southwest with conventional electricity." Panel prices have fallen almost 69 percent in the past two years, benefiting companies such as Recurrent that purchase and install the equipment and sell electricity from the systems to utilities. Falling costs also have enabled developers to accept lower-priced contracts. First Solar Inc. has signed a power purchase agreement for a project in New Mexico that will sell electricity at a lower rate than new coal plants earn. All told, the U.S. is on track to add about 4.2 gigawatts of solar generating capacity using photovoltaic technology this year, which would be up from 3.3 gigawatts, which was a 76% increase on 2011's totals. This is not what Republicans want to hear -- the party's 2012 presidential candidate said solar doesn't count as " real energy" and Fox News recently suggested the solar industry is " tanking our economy" -- but the facts are not in dispute. The only "ill-fated ventures" to be found are the right's talking points on energy policy.

To: i-node who wrote (706256)	3/28/2013 1:20:58 PM
From: bentway	Respond to of 1572918

OPINION: gaming Obamacare to benefit the few Law asks many groups to help consumers 'navigate' choices, but brokers and agents want to save that business for themselves By Wendell Potter 6:00 am, March 25, 2013 Updated: 11:03 am, March 25, 2013 publicintegrity.org ( Sounds like Obamacare will have a place for a crooked operator like YOU, Dave! ) We’re just a bit more than six months away from when Americans will have to begin making decisions about purchasing by CouponDropDown">health insurance, but, according to a survey released last week, more than two-thirds of people who are currently uninsured don’t have much of a clue how Obamacare will affect them, including the fact that coverage will soon be mandatory. On October 1, as required by the law, states must have by CouponDropDown">online insurance marketplaces (known as exchanges) up and running so their residents can shop for coverage. Some states will be operating the exchanges on their own, but most have decided to either partner with the federal government to operate them or have the feds do all the work. After October 1, the next most important date Americans need to know about is January 1, 2014. That’s when the mandate to have coverage goes into effect. Making sure Americans become aware of that mandate and sign up for coverage before the end of the year will be an enormous undertaking, which is why Obamacare also includes a provision authorizing a broad range of organizations to serve as “navigators” to educate people about the law’s requirements and help them find plans that meet their needs. The law states that entities eligible to be navigators — and to receive by CouponDropDown">government grants to do the navigating — include “ trade, industry, and professional associations, commercial fishing industry organizations, ranching and farming organizations, community and consumer-focused nonprofit groups, chambers of commerce, unions, resource partners of the Small Business Administration, other licensed insurance agents and brokers, and other entities” the Feds deem capable. In the past, agents and brokers have largely had the marketplace all to themselves because there have been no other formally recognized “navigators” to help people decide what kind of insurance policy makes the most sense for them. The agents and brokers have made a good living as middlemen between consumers and insurance companies because the insurance companies they represent pay them a commission for every policy they sell. As you can imagine, agents and brokers are not happy that all those other organizations will be able to help folks “navigate” the health insurance world. And so they are trying to get laws passed at the state level that for all practical purposes would make it difficult, time consuming and expensive for any of those other groups to qualify as navigators. The agents and brokers initially tried to get a committee of the National Association of Insurance Commissioners to adopt language to protect their interests. When that committee rebuffed them, they began pleading their case to another NAIC committee and also directly to state lawmakers. As a result, bills are being introduced all over the country that might as well be described as the “Agent and Broker Income Protection and Enhancement Act.” Take the measure introduced recently in the Missouri legislature by Rep. Christopher Molendorp — who happens to own the Christopher Molendorp by CouponDropDown">Insurance Agency in Raymore, Mo. Like most of these bills around the country, Molendorp’s would establish restrictive licensure requirements that all would-be navigators would have to meet. And it would prohibit navigators who are not licensed agents or brokers from providing any advice to individuals or employers about specific plans or pointing out which ones might be better or worse than others. This clearly is not what Congress intended, but the Affordable Care Act gives states fairly wide latitude to set up the navigator programs within their jurisdictions. In fact, Jay Angoff, a former Missouri insurance commissioner who served as head of the Office of Consumer Information and Insurance Oversight at the Department of Health and Human Services, says bills like Molendorp’s would be a disservice to consumers. “The beauty of the exchange system is that, if it works, you don’t have to use an agent,” Angoff said during a recent panel discussion on how states are implementing Obamacare. “You can go directly to the Internet, you don’t have to use an agent. If you want to use an agent, you can, but you don’t have to. I would hate for exchanges to build in the extra expense that requires people to use an agent that raises the price of insurance to be more than it should be based on the electronic system.” But that is exactly what will happen if bills like Molendorp’s are enacted. Agents and brokers are hoping that the bills will even make it unlawful for people to buy coverage on the exchanges without first going through a licensed agent or broker. Consumer groups are working at the state level to keep the bills from passing, but agents and brokers have a lot of clout in many state legislatures. If the consumer groups lose, premiums of policies purchased through the exchange will be much more expensive than necessary.