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Utilities warned to fight socialism. [Summary of EEI convention]

Journal Article · · Electr. World; (United States)
OSTI ID:7153281

Some addresses at the Edison Electric Institute's convention in San Francisco, June 1976, are briefly reviewed. The keynote of the conference was sounded by Shermer L. Sibley, Pacific Gas and Electric Co., who outlined a program to achieve energy independence, namely: energy conservation and development of alternate energy sources to extend fossil-fuels life spans; and maximum development of offshore oil fields, oil shale, coal production, and nuclear energy. Shearon Harris, chairman of Carolina Power and Light Co., told the convention that the $570 billion needed by investor-owned electric utilities for the next 15 years should be obtained by increasing internal cash flow. Rep. Mike McCormack stressed the need for utilizing nuclear energy to better man's standard of living, and reviewed some facts that constitute a responsible energy policy. Don Hodel, Bonneville Power Administrator, was concerned with the environmentalist movement and its negative effects on energy growth, saying that the movement distorts the American tradition of growth. A British Parliament spokesman, John Moore, presented a very provocative paper comparing Britain's nationalized electricity industry with the free enterprise system in the U.S. Cecily Cannan Selby, president of Americans for Energy Independence, spoke on the polarization of various energy factions. The final speaker was James J. Kilpatrick, columnist and TV commentator, who advocates a strong national energy policy that includes nuclear power. (MCW)

OSTI ID:
7153281
Journal Information:
Electr. World; (United States), Journal Name: Electr. World; (United States) Vol. 186:2; ISSN ELWOA
Country of Publication:
United States
Language:
English