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CPS Energy and its nuclear-expansion, the $32 billion lawsuit spawned by the now-faltering deal.

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Fledermaus Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-30-09 02:26 PM
Original message
CPS Energy and its nuclear-expansion, the $32 billion lawsuit spawned by the now-faltering deal.
Edited on Wed Dec-30-09 02:48 PM by Fledermaus
I doubt that we will ever see the $400 million the ratepayers have already put into this money pit.

CPS Energy and its nuclear-expansion partner were scheduled to face off in a Bexar County courtroom for the first time Wednesday over the $32 billion lawsuit spawned by their now-faltering deal.

Wednesday's hearing in district court likely would be limited to setting dates for more sessions in January, when the partners will begin arguments in what has become an increasingly nasty legal battle.

Both sides ratcheted up the rhetoric Monday with another round of filings.

CPS Energy alleged its partner, Nuclear Innovation North America, lied to CPS to “induce” it to participate in the project, and then undertook a “campaign of media misinformation, public threats and disclosure of confidential Project information ... to endanger CPS Energy's ability to continue in the project.”

The utility sought $32 billion in actual and punitive damages from its partner.

“I think it's an appropriate response,” CPS Energy acting General Manager Jelynne LeBlanc-Burley said Tuesday. “We're trying to protect the resources of CPS and protect ratepayers.”

<http://www.mysanantonio.com/news/local_news/80319947.html/div>
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bananas Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-30-09 03:18 PM
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1. Bad link - here's the correct one
Your link got munged somehow,
here's the correct link: http://www.mysanantonio.com/news/local_news/80319947.html

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madokie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-30-09 03:39 PM
Response to Original message
2. Another example of what I've been saying from day one here
the nuclear power industry is not to be trusted in any shape or form. Early on they had to have made a conscience decision to lie and obfuscate rather than face the tough questions. The questions I and most who are opposed to nukes have today is the same questions we've been asking from day one. Read about Karen Silkwood sometime if you haven't already. I firmly believe she was murdered by the nukie's
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