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Post by dgriffin on Jan 11, 2012 5:56:09 GMT -5
 Common Cause Releases Groundbreaking Report on Hydrofracking Money in New York State Politics - National Grid & Con Ed Top Two Contributors Report SaysNEW YORK, NY (01/10/2012)(readMedia)-- Today Common Cause/NY released the latest in a series of reports on the financial relationship between the gas industry and hydraulic fracturing policy in New York State. The report, Deep Drilling Deep Pockets Part 3, reveals that from January 2007 to October 2011, the Natural Gas industry made 2,349 campaign contributions to state and local politicians and parties. These contributions represent over $1.34 million in natural gas industry campaign contributions. The Department of Environmental Conservation's public comment period on hydro-fracking is due to end this week on January 11th. Continue at: (includes chart of donors) mohawkvalleyindependent.com/common-cause-releases-groundbreaking-report-on-hydrofracking-money-in-new-y-p693-1.htm |
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Post by clarencebunsen on Jan 11, 2012 9:47:05 GMT -5
I think it's a stretch to label contributions from National Grid & Con Ed as "hydrofracking money." Both companies have interests other than natural gas production. National Grid (at least in New York) is primarily a transmission & distribution company not an energy production company. On my Nat Grid bill, the charges for gas & electricity are passed through to other companies, Nat Grid get paid for transmitting the energy from the producers to me.
From my point of view, considering Gov. Cuomo's recent speech, it might be more accurate to term the contributions "power corridor money."
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Post by dgriffin on Jan 11, 2012 10:43:52 GMT -5
Still, if I were the contributions manager for National Grid, I'd be very careful where I placed money. And since the Utilities were forced to divest and form separate generation companies, it's not clear to me how much separation really exists between generators and distributors. That said, it can be viewed as plain old lobbying and that's unfortunately never been illegal. If Governor Cuomo (father or son) told me that the sun was hot, I'd put on a winter coat.  |
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