Marin Energy Authority gets $85,000 loan from county

The Marin Energy Authority received an $85,000 loan from the county of Marin on Tuesday, the final allotment of more than $500,000 previously promised to the authority by county supervisors.

[Only in Marin]

STOP spending my tax $$$....you morons.

[Jim]

No, it's ok, go ahead and spend. You can't take it with you.

[Just in Case]

Way to go MEA, keep pushing - hard.

[Fed up with stupidity]

The article reads ...the main risk is that natural gas prices will go down. Because PG&E gets more of its electricity from burning natural gas than the authority expects to, if natural gas prices go down, the authority will find it difficult to offer prices that are competitive with PG&E's

This entire venture is questionable...all this money and MEA rates could actually be HIGHER than PG&E. What are the Supervisors thinking???

[Hey ba ba re bop]

Dawn: Terms of the loan, please.

BOS: What vital services could you restore for $5000,000.

Maybe Gym could answer these questions

[Sea]

Marin, I just hope they give you all kisses first.

[save a job]

How about the budget cuts and we have money for this crap. Save a job first you people are so stupid. Just keep spending and you will learn your lesson the hard way. property will drop again in the next two years as things are not getting any better or are you blind.This county did nothing on the last election so i say you get what you pay for.

[stupid people]

Fed up with stupidity wrote:

The article reads ...the main risk is that natural gas prices will go down. Because PG&E gets more of its electricity from burning natural gas than the authority expects to, if natural gas prices go down, the authority will find it difficult to offer prices that are competitive with PG&E's
This entire venture is questionable...all this money and MEA rates could actually be HIGHER than PG&E. What are the Supervisors thinking???

You have no clue as to what you are talking about. Bet you are not even a homeowner and just a fool who likes to spend his time in the comment section

[Nail Biter]

Under what authority does the county have to make these loans? The supe's slush funds should should be abolished before they decide that these loans may beome their pet projects.
It is past time to throw these Obama wamma be's OUT!

[doc99]

Government, especially local government, should NOT be in the business of speculating on commodity prices.

[Morgan Kelley]

I want to know who to call to opt myself out of the rediculas money sucking plan to purchase energy for Marin County! I want my Supervisor Hal Brown to know that I do not approve of him voting to spend my tax dollars on something that we did not even have the opportunity to vote on. Who I get my energy from is my business not yours!

[kitty]

We will never see any of this money if this boondoggle fails
They are creating something with its own life that will be continued regardless of cost or success
Thats the way government works
Once created the bueracracy never goes away
Do you really think Marin County government is competant to do this?
And now according to the SF Chron today there is talk of joing up with SF to create a larger entity
Do you want the SF BOS (Daly,Campos and Avalos et al)involved in your future energy supply?

[Grunt]

A better way to say this would have been that the 'loan' was not from the County, but rather, more picking of the county taxpayer's pocket for another dim-witted scheme to justify their unnecessary existence. Fire them and dump the incumbants who perpetuate such garbage.

[contractor]

No mention of the Supe behind the Shell deal, Ole Charly the weasel McGlashan?
(sounds like an ole associate of corrupt Boston's Honey Fitz don't he?)

Looks like yet another money pit to throw precious county money down, along with the train that will never get off the tracks..... The county could do better with "our" money, like look into setting up a County Bank of Marin that save bundles by making loans to county projects without the burdens of having to pay interest to greedy bankers or further burden the taxpayers with an avalanche of bonds.

[Wards asss]

Jim wrote:

No, it's ok, go ahead and spend. You can't take it with you.

So go spend your own. Not mine.

[Airegin]

Morgan Kelley wrote:

I want to know who to call to opt myself out of the rediculas money sucking plan to purchase energy for Marin County! I want my Supervisor Hal Brown to know that I do not approve of him voting to spend my tax dollars on something that we did not even have the opportunity to vote on. Who I get my energy from is my business not yours!

Did you know that only ONE incumbent supervisor (Bob Romiguiere, 1992) has lost in Marin in the last 35 years??

That's why they do what they damn please!

[ShortMemories]

Where is this money coming from????

How much more money are they needing to "borrow"---and how/when will it be paid back.

This is out of control and the arrogance of whoever is authorizing it is astonishing. Which taxpayers are going to pay for it---or what really useful county needs are not going to be met because money is going to these folks?

BTW---where is the money going?? Lawyers/consultants/supes' friends???

I am going to puke.

[Maryline]

Hmm, a loan? Who is paying back, when, for what? Can the journalist do some more investigation here and write more about it? Who is authorizing these loans? Where does the money go to? Not to energy consultants from Marin (Oakland company). I also noticed that the companies selected to provide renewable energy are NOT from, Marin, NOT from the Bay, NOT even from California. Shouldn't the money stay local? That is part of sustainability too. It is called financial sustainability...especially during these harsh budget deficit times. We have plenty of energy competencies right here in our own backyard. This whole thing is mind boggling...
A dedicated Sustainability Development advocate