Kinder Morgan is the New Enron
To the Editor:
The town of New Ipswich is upset. It is expected to foot the $5,000,000 bill for studies demonstrating that the NED pipeline is not a good idea. FERC, the Federal Energy Regulatory Commission is slated to vote on Docket PF14-22, in September.
Kinder Morgan, the company who stands to profit from the pipeline by decimating miles and acres of our beautiful countryside, doesn’t believe it needs to give anything in return. It expects us to pay for the privilege.
And the bill is high. Inadequate fire-fighting equipment. Potential explosions, causing home and forest fires. Inadequate roads and sites for evacuation. Loss of property value. And that is the tip of the iceberg.
"In 1997 … Kinder and Morgan purchased the liquid pipeline assets of Enron, and now employs many former Enron employees." (Wikipedia)
Kinder Morgan’s CEO is "the luckiest Ex-Enron executive" (Wall Street Journal). Richard Kinder got a $2,000,000 severance package. Enron’s last CEO is serving a 24 year prison sentence.
Kinder Morgan may be operating legally, even if is staffed by ex-Enron employees and built upon Enron assets. But the company’s core values don’t seem to have changed. Richard Kinder’s net worth is over $10 billion. He probably did not make money that partnering with local communities to their mutual benefit.
FERC is the only body authorized to rule on the pipeline. They are holding meetings this week in Nashua and Milford. At the Milford Oval starting at 5 p.m. Wednesday and Thursday this week, you can be visible with signs. For more privacy, try http:// nhpipelineawareness. org/take-action.
Comment directly on FERC’s website or write them a letter addressed to:
Kimberly D. Bose, Secretary
Federal Energy Regulatory Commission
888 First St. NE, Room 1A
Time is short. Do something.