Rep. Dion's bill LD 1513 will create a loophole so companies like Iberdrola (where ex-Gov Baldacci is Vice Chair of their newly formed Avangrid affiliate) will be able to own wind projects. Presently a transmission company cannot be in the wind business. That is about to change unless the handmaidens of the special interests can be stopped in their tracks. Baldacci committed himself to this in September 2009 upon his return from a trip to Europe where he met (as Governor) with Iberdrola. It has been written that Iberdrola hosted that trip. How big of them.
LD 1513 seems to allow someone like Iberdrola to set up "conflict companies" (like Avangrid), calling them "affiliates", thinking we the people are so stupid that we'd think they wouldn't work with each other to their mutual benefit. Even without conspiring with each other, they'd both inherently know how to get things done to fatten their own wallets at the expense of ratepayers, etc. These so called firewalls are an insult to Mainers' intelligence.
Iberdrola and Avangrid have the same Chairman: Ignacio Galan.
How stupid are they to think we don't see through this bald faced loophole creation to benefit the billionaires?
Tune in here at 1PM today if you can't be there in person:
If you think it's OK for Iberdrola, ex-Gov Baldacci's new employer and the second largest wind company in the U.S., to be able to get the law changed so it can start building wind projects throughout Maine to feast on U.S. taxpayer dollars while holding up ratepayers, then pay no attention to today's EUT meeting. No need to heed what the EUT does if you are OK with the planned explosion of wind projects throughout the entire state.
TODAY at EUT - 1:00PM