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Pastimes : The California Energy Crisis - Information & Forum

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To: deepenergyfella who started this subject10/27/2001 11:40:54 AM
From: portage   of 1715
 
While I'm indulging in my love fest with Enron, here's another nugget I heard yesterday. Enron has contributed about $1.8 million to politicians in the past year or so. The benefit they would reap from the Republican House sponsored bill to change the Alternative Minimum Tax rules would come to some $250 million. Not a bad investment, eh, if it came to pass ? Not only would the AMT change going forward, but apparently they'd go back retroactively and allow credits from prior years somehow. Best legislature money can buy (those Texas reactionaries, Armey and DeLay).

PS Bearcat : there is a plan recently announced to build the interconnect. Since California and its utilities have been bled dry by the energy providers, I suspect it's a private venture by some out of staters wanting to capitalize on our misfortune. But I'm not sure. It would take a few years to construct, though.
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