An important correction: Someone familiar with Vermont electric utilities has informed me that I was wrong and made a substantial error in this diary.IBM did not receive public funds from the $69 million smart grid stimulus grants awarded to the consortium of VELCO and Vermont’s electric distribution utilities to fund statewide smart grid investments. Sorry for my mistake and confusion with this.
BP
IBM Vermont was in the newspaper Sunday. No, it wasn’t for threatening to leave the state but for their use of smart grid style technology. The technology is impressive, the investment impressive and the savings for IBM will be real. Also mentioned, but almost lost in the jumbled-up Burlington Free Press article is the fact this is funded in part by a $69million smart grid stimulus grant from the Dept. of Energy. Our tax dollars at work!
An ethos of common purpose helped secure Vermont's $69 million smart-grid stimulus grant from the U.S. Department of Energy in 2009, said IBM Senior Engineer Jeff Chapman.
"We're all paying a part of that $69 million, and we all want that return to be good," he said. "We want tangible results."
Although IBM’s almost ritualized “we could leave Vermont at the drop of a hat” threat is not mentioned directly it lies near the surface. The make or break nature of saving electric power costs is made clear. We are told complacence [regarding energy savings] would kill the plant's price point and if you don’t get that hint they remind "We compete head-on with Asia," (bags are packed!)
I am all for government spending on practical energy programs. Saving Vermont jobs is also laudable if this helps accomplish that. However, in these tight budgetary times a little more than a half mumbled thanks from IBM for forking over $69 million in taxpayer money might be worth their effort.
Now let’s go cut some food stamp benefits, entitlement programs and balance that ole budget so we keep taxes low.
Golf is in the headlines and in the deep thoughts of one Vermont Tiger. On what should have been a carefree charity golf tournament at the local country club one golf playing
About two short months after winning re-election as auditor last November Tom Salmon thanked his team, said it was an honor to serve with them and announced he would not seek re-election.
I have no special plans today but at least it’s not supposed to rain. Heard something or other about the rapture happening today so I found a partial list
August 2006 a Federal Judge ordered Unabomber Ted Kaczynski’s personal belongings from his wilderness cabin auctioned off online in what he stipulated as "reasonably advertised Internet auction.” After years of challenges in court by lawyers for Kaczynski the online auction will start this week.