Regarding Iberdrola’s proposed acquisition of Energy East, the Public Service Commission is doing exactly what it was mandated to do by the state Legislature. That is, to keep control of electricity distribution separate from electricity generation – Iberdrola’s wind developments.
Industrial wind power has not lived up to its claims in real- world operation. Conventional power plants must be kept on constant standby – using fossil fuel and emitting carbon dioxide – for when the wind doesn’t blow. No green benefit there. Actual electricity production averages 15 percent to 30 percent of capacity at best. Wind power is unreliable, unpredictable and expensive, with many negative effects. Go to www.wind-watch.org for a real eye-opening experience.
Iberdrola will be making far more money than it will be investing in New York and taking those profits out of the United States. The PSC is protecting the common citizens’ interests, not that of big business.
11 May 2008
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