when Littell worries ... we do not !!
The outgoing member of the Public Utilities Commission is concerned that the independent panel is being used as a “political arm” of Republican Gov. Paul LePage to thwart wind power contracts, according to documents obtained by the Associated Press through a Freedom of Access Act Request....
please read rest of the article at the link below.
http://www.pressherald.com/2015/06/03/departing-commissioner-worrie...
In April 2012 , Littell voted to accept the deal between First Wind and Emera, when that deal was strongly opposed by Maine Public Advocate , Eric Bryant . Never were the ratepayers a concern of Littell nor the fact that generation and transmission could not be owned simultaneously by a same entity. That vote saved First Wind from financial disaster. Littell had fulfilled his mission in the PUC , to save a wind developer thus to act as political arm of the wind industry.
Is Littell amnesic, desperate or under pressure ?....in any case he is illogical.
Views: 170
Comment
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Comment by Penny Gray on June 4, 2015 at 6:42pm
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Thank you for posting. Due diligence should be practiced by every member of the PUC and EUT. Their duty is to the people of Maine, not the wind industry.
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Comment by Barbara Durkin on June 4, 2015 at 10:22am
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The people have suffered enough by the business model of rent-seekers using special government favor and generous tax provisions that shift their debt our way. Onerous rules that exclusively benefit wind developers backed by hedge-funds, and who are invited to write the rules that entitle them to the benefits of special government favor, don't serve public interest. Wind is an obvious free market failure from environmental and public perspectives.
Perhaps Littell will quietly execute his exit strategy. It will be interesting to see if he follows the path of Kurt Adams, former Chairman of the PUC seduced by First Wind for which he serve(d) as VP of transmission. We all lose when the regulator becomes the regulated.
I think what's missing is "KYC" protocol. The best indicator of future performance is past performance. Had ME PUC objectively reviewed the business history of UPC First Wind, we wouldn't be having this discussion. Habitat and view-shed would not have been destroyed by these former Enron execs.
Christine Duhaime is a corporate and regulatory lawyer and certified anti-money laundering specialist, a U.S. designation. Here, she writes about UPC First Wind of record subsidiary and affiliate IVPC.
“The Windfather” – Another report finds wind and renewable energy projects controlled by organized crime to launder money'
By Christine Duhaime |
July 12th, 2013(a clip on "KYC")
"Know your customer procedures"
"Financial institutions and other participants should have sound know your customer (“KYC“) procedures. They help flush out money laundering and protect the reputation and integrity of the participants to a wind or renewable energy project by reducing
the likelihood of any one of them becoming a vehicle for financial crime and suffering the consequential reputational damage.
For banks and other funding groups, KYC procedures constitute an essential part of sound risk management by providing the basis for identifying, limiting and controlling risk exposures in assets and liabilities, including assets under management..."continue reading-
http://www.antimoneylaunderinglaw.com/2013/07/lord-of-the-winds-ass...
Maine as Third World Country:
CMP Transmission Rate Skyrockets 19.6% Due to Wind Power
Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.
Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT
******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********
(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/
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Hannah Pingree on the Maine expedited wind law
Hannah Pingree - Director of Maine's Office of Innovation and the Future
"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."
https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/
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