Sunday, June 22, 2008

Call and contact each PSC commissioner and urge they vote to accept Judge Epstein's ruling

ALL:

This coming week is very important. Senator Schumer has a scheduled meeting with NYPSC chairman Gary A. Brown to push the commission to over ride Judge Epstein’s recommendation to reject the approval for Iberdrola acquisition of Energy East. The main argument that has surfaced in the press is that Iberdrola promises to invest over $2,000,000,000 on new wind projects.

It is a FACT that industrial wind developers (using shell LLC’s) have scores of applications already in the queue that exceed this amount. All Iberdrola is really saying is that this foreign Spanish company intends to buy out Wall Street backed wind developers. These LLC’s are already engaged in spending this same amount of money to build these identical projects. Iberdrola will ultimately serve as the actual owner and buy out the interests of these LLC’s.

Therefore, it makes no difference to the actual monies spent on wind development. Iberdrola is not saying it would invest an additional 2 Billion if granted approval to acquire Energy East.

What will happen if the PSC approves the Iberdrola/Energy East deal is that a foreign company who has Middle East oil sovereign fund backing will have a virtual vertical monopoly on the generation and distribution of NYS electricity.

The stated policy of NYS has been very clear since electric utility deregulation. If the PSC commissioners ignore Judge Epstein’s ruling, NYS will be violating their own policies and laws.

CWW urges everyone to write the PSC this week and express your outrage that Senator Schumer is pressuring New York State to accept a fraudulent attempt to approve and place our infrastructure under the world’s largest industrial wind owner with Middle East Gulf oil partners.

FAX your letters, call Mr. Brown directly, and express your support of Judge Epstein’s ruling.

James Hall

http://www.dps.state.ny.us/phonebook.html

Executive Office - Garry A. Brown, Chairman
Judith Lee, Acting Executive Deputy Phone:
518-473-4544

And

Hon. Jaclyn A. Brilling - Secretary to the Commission
New York State Public Service Commission
Agency Building 3
Albany, NY 12223-1350
Phone: (518) 474-6530
Fax: (518) 486-6081

No comments: