Symington and Shumlin react to governor’s veto of Yankee decommissioning bill

first_imgStatement from Speaker Symington and President Pro Tem Peter Shumlin on Governor Douglas’ Veto of the Decommissioning BillBy vetoing the decommissioning bill, S. 373, today, Governor Douglas chose to stand in the way of protecting Vermonters from the potential financial risk if the Entergy Corporation sells Vermont Yankee to a highly leveraged company. With this veto Governor Douglas showed clearly that his allegiance is to a multi-billion dollar out of statecorporation instead of to Vermonters.When Entergy bought Vermont Yankee in 2002, they agreed to accept the responsibility for the decommissioning fund. They are now restructuring and transferring the plant to a below-investment grade corporate shell -a move that will distance them from that responsibility.”Entergy is a well-run, well-capitalized corporation,” said President Pro Tem Peter Shumlin. “If Entergy were not transferring the plant to a new, debt-ridden company, we would not need this bill.”S.373 would have held Entergy to the promise it made upon acquisition of the plant by requiring the corporation to provide enough assets and financial guarantees to pay for restoration of the site upon the closing of Vermont Yankee. If the decommissioning fund is inadequate at the time of sale, additional funds, a letter of credit or other guarantee from Entergy will be required. If the fund is adequate, nothing further will be required.Regardless of whether the corporation that owns the plant is financially viable, S. 373 ensures that Vermonters will not be left with the clean up costs after Vermont Yankee shuts down.”The Governor had a choice between protecting a multi-billion dollar Louisiana corporation or protecting Vermonters,” said Speaker Symington. “By vetoing this bill, Governor Douglas chose the corporation over Vermonters.”last_img read more

City asset sale on cards for iii

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Nelson City Soccer prepares for summer hiatus

first_imgThe Innkeepers and Dirty Dozen were declared first half regular season winners as Nelson City Soccer begins its month-long summer hiatus. Innkeepers, defending league champion, hold a commanding 10-point advantage over West Kootenay United in the Leo’s Men’s Open League as teams head into its final games prior to the break.The Innkeepers meet third-place The Action while West Kootenay United play Kootenay Co-op.Wednesday, Kootenay Co-op is up against The Action.Kootenay Co-op and The Action are tied for third spot, each with 12 points beginning the week.Meanwhile in the Finley’s Ladies Rec League Dirty Dozen concluded the first half with only one blemish on the record to claim the title with 27 points.Lily Whites finished second with Red Dog third.Defending champion Finley’s Jiggers finished in fourth spot, one point ahead of Selkirk Eyecare.Both leagues resume play following the Labour Day Weekend.Jackson’s, Bia Boro deadlocked heading into final gamesJackson’s Hole and defending league champ Bia Boro are tied heading into the final games of the first half of the Jackson’s Hole Men’s Masters League.The teams have identical 9-1-1 records, 13 points in front of third place Club Inter.In the final games Thursday before the summer break, Jackson’s Hole meets fourth-place Real Nelson while Bia Boro is up against Club Inter.In the other game on the schedule, Ted Allen’s plays Red Dog.Jackson’s Hole was the first-half winner in 2010.The Jackson’s Hole Men’s Masters league resumes Thursday, September 1 with a full slate of [email protected]last_img read more

The Who’s outlast Scoregasms to capture Jackson’s Hole Christmas Indoor Tournament

first_imgJordan Michaux scored four times to lead The Who’s to a hard fought 5-4 victory over Multi Scoregasms Sunday in the final of Jackson’s Hole Christmas Tournament Competitive Division at the Soccer Quest Indoor Facility.The event is an annual event that allows soccer grads from the area to play in tournament during the Christmas Holiday season.The final matched the two undefeated squads in the Competitive Division — the Who’s winners of the B pool against Multiple Scoregasms, tops in the A pool.Multiple Scoregasms opened the scoring when Ryan Lewis neatly found his way through The Who’s defence before drilling a shot past keeper Shelby Tett. Two quick goals by Michaux put The Who’s into the lead before Heather Stewart was the recipient of a great pass before drilling a shot past Scoregasms goalie Mitch Melanson.In the second half Titouan Chopin, an attacking midfielder with Vancouver Whitecaps FC Residency program annd  brother Jules, who plays university ball for Simon Fraser Clan, tied the game before Michaux went to work, scoring the winner and insurance marker to march The Who’s to victory.Melanson, on a goalie rush, scored the final goal for Multiple Scoregasms.In the Recreation Division, Abacus defeated Red Dog 5-1.Abacus won the round robin draw with 35 points.Red Dog edged out Missile Toe in round robin play by a single point to advance into the final.last_img read more