(To the courts !
Entergy and VY show their hand – promoted by BP)
Just in:
Entergy Corporation announced that two of its subsidiaries, Entergy Nuclear Vermont Yankee, LLC and Entergy Nuclear Operations, have filed a complaint in U.S. District Court for the District of Vermont seeking a judgment to prevent the state of Vermont from forcing the Vermont Yankee nuclear power plant to cease operation on March 21, 2012.
The initial announcement above-I should have put in block quotes.
Here’s further detail from Entergy:
http://www.4-traders.com/ENTER…
I’m glad Attorney General Sorrell is ready to win this fight for Vermont law and our people.
Who cares about the Rule of Law?
Who cares about Contract Law?
Corporate Citizens are above the law, only little people are subject to the law.
Corporations can ignore and abrogate any contract they want to at any time.
To all those Vermont Yankee lovers out there, how are we supposed to believe Entergy when they say they’ll offer 4.9¢/KW when they won’t honor any contract?
The URL for the lawsuit pdf
http://www.entergy.com/content/investor_relations/pdfs/4-18-11_complaint.pdf
note the “content/investor_relations”
First Section:
http://www.leg.state.vt.us/jfo/envy/ACT160.pdf
Seems clear enough to me.
defend Entergy for challenging Vermont’s self-determination.
So much for warm and fuzzy ads from VY.
Story + Video: Entergy sues Vermont to keep plant open
by Anne Galloway | April 19, 2011
http://vtdigger.org/2011/04/19…
Entergy Louisiana has nothing to lose here. Collegiality with the state of Vermont? Gone. Future contracts? Not happening. A chance of winning a PSB vote for a Certificate of Good? About as much as a snowball in Fukushima Daiichi.
Possible gain? An operating plant is potentially saleable. The longer it is operating the less likely they’ll be forced to deal with the hot fuel rods and other assorted waste at some expense; the more likely the state will eat it, figuratively and literally.
[sigh]
NanuqFC
In the part of this universe that we know there is great injustice, and often the good suffer, and often the wicked prosper, and one hardly knows which of those is the more annoying. ~ Bertrand Russell