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Lance Stewart's avatar

Just when you thought things couldn't get "better," sheesh...

Thank you SO much for raising this up the flagpole! And they're giving us 5 days - including a holiday weekend! - to get ready for the hearing? That's ridiculous.

Sen. Lawrence really is sponsoring this? He struck me as fairly reasonable in the past. But this proposed lack-of-oversight is staggering. He should see this a mile off - this structure will simply funnel money into rapid for-profit developers' pockets by issuing what will become junk bonds, and the developers will just crank out higgledy-piggledy projects that really won't be of benefit (since the projects will likely be picked by those backroom dealings we've seen before that have no oversight), and the tax and rate payers will be left footing the bills for decades.

I've been working on getting my energy/ecology Substack up-and-going but I wasn't ready for launch YET. Yikes, it looks like I may need to get that out ASAP!

Ralph Duquette's avatar

Reads to me like a state version of FERC - which is unanswerable to anyone and which only reviews/approves items on the basis of "need." As in, the "need" of an entity to take land, etc. to put in pipelines and power lines. But "need" is never actually defined and rarely is anything beyond "I want to do this." Landowners end up having no bargaining power on what they own.

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