Tuesday, October 27, 2009
How the Sausage Is Made [Greg Pollowitz]
The chairman, CEO, and president of Constellation Energy, Mayo A. Shattuck, sheds a little light on how a Maryland-based subsidiary of his company won $200 million in taxpayer money for smart meters:
Finally, we are extremely grateful for the strong support of our Smart Grid application by Maryland’s Congressional delegation, particularly Senators Barbara Mikulski and Ben Cardin and Representatives Steny Hoyer, Elijah Cummings, Dutch Ruppersberger, John Sarbanes and Frank Kratovil. They played an essential role in garnering the support necessary to ensure BGE’s customers were the beneficiaries of this important stimulus investment.
Great. A $3.4 billion give-away based on political pressure from Congressional delegations. Now let's see if their customers really are the beneficiaries. Smart meters certainly have some Californians stimulated.
10/27 12:30 PM
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