Harrisburg PA Goes Bankrupt for Renewable Energy

Lack of revenue from trash burning power plant cited

Pennsylvania's capital city voted to file for Chapter 9 bankruptcy protection on Tuesday as it faced a state takeover, according to media reports.

The City Council voted 4-3 to seek bankruptcy protection for Harrisburg, which has a debt burden five times its general-fund budget "because of an overhaul and expansion of a trash-to-energy incinerator that doesn’t generate enough revenue," Bloomberg Businessweek reported.

The bankruptcy means the city will lose state aid, but that is better than the proposed recovery plans, Councilwoman Susan Brown-Wilson said, according to Bloomberg. But State Sen. Jeffrey Piccola, a Republican from Dauphin County, where Harrisburg is located, said the council's vote is against the law.

Did someone oversell them on the idea of making their money back by burning trash?  Maybe they should #Occupy somebody...