Friday, April 3, 2009

NYRI Pulls Their Own Plug

Today, NYRI apparently pulled their own plug http://www.nyri.us/bm/news/press/nyri-suspends-its-participation-in-ny-state-transm.shtml

Their stated reason is too much financial risk. Who knows what the real reasons are? I never had any confidence in anything they said. Their site engineering studies were poor. Did anyone really believe NYRI's claim that electricity prices would go down after their project was built?

However, a new project could always be proposed. There's still a permit for a nuclear power plant in Oswego. This is try #2 (First Pegasus; Second NYRI). There might be a try #3 (wonder what other catchy name can be thought up by some high-level advertising firm?).

The real question--------who were the people behind this project? The project didn't appear out of thin air. They are so powerful they kept their identities hidden. There is something scary about that.

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