This is what happens when a bet on energy prices goes spectacularly wrong.
Anticipating that natural gas prices in New England would remain high, two companies spent $350 million to $400 million each just a few years ago to build terminals off the North Shore of Massachusetts to bring imported fuel to local consumers.
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As a person who spent many April-Novembers lobstering, I wonder if having a sanctuary where lobster pots, groundfish and scallop draggers can't go, may in the long term be beneficial. Long term dragging even into the inner harbor channels and guzzles had a serious affect on the bottom growth which shelters juvenile crustacians and fish. Sanctuary areas such as the Canal and the Edison breakwaters has given lobsters important relatively undisturbed habitat which only can have beneficial long term effects for lobstering.
By all means, but wouldn't we be better off just regulating or terminating "dragging" rather then building unnecassary monstrocities where no dragging is allowed?
This is about greeding corporate America trying to make a buck regardless of who is impacted and how. This is about the local Siting board and FERC being heavily directed by those with deep pockets instead of doing their job and protecting the consumer on numerous levels, not just bowing to the almighty dollar.
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They are in it for the long haul because they know that sooner or later the enviromental whackos will get fracking outlawed