You can almost hear the gnashing of teeth. A Spanish company, Iberdrola, is about to acquire Energy East, the parent of New York State Electric & Gas Corp. The company has received needed approvals from the federal agencies, and it is close to receiving the endorsement of four of the five state regulatory agencies. A decision from New York regulators is still some way off.
Critics of the deal express anxiety that a foreign company may eventually control electric distribution to 3 million customers in the Northeast. They wonder if it's wise to have such critical infrastructure out of the hands of a domestic owner.
(Click to read entire article)
Voice Your Choice Say NO to Overhead Power Lines
Sunday, January 13, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment