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Alcoa Deadline Passes

December 16, 2011

From the Winston-Salem Journal:

RALEIGH — State officials issued no decision Thursday night on a deal that would have created hundreds of jobs if state and local officials dropped their opposition to Alcoa Inc.’s push to renew its multi-decade license to operate four hydroelectric dams along the Yadkin River.

Alcoa officials had warned that unless their route to a new license to operate the dams was cleared by midnight Thursday, Alcoa-backed Clean Tech Silicon and Bar LLC would take its estimated 450 jobs somewhere other than the former Alcoa aluminum smelting plant in Stanly County…

“Governor Perdue will only support an agreement if it protects North Carolinians by ensuring meaningful job creation, preserving our drinking water and safeguarding our lakes and rivers over the span of the license,” Perdue spokeswoman Chris Mackey said.

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6 Comments leave one →
  1. Craftyboro permalink
    December 17, 2011 2:04 pm

    Are these jobs in the short run, worth giving up control of these lakes in the long run?

  2. RBM permalink
    December 17, 2011 3:17 pm

    Guess if you are homegrown you already know the baseline arrangements as that article sure didn’t give them.

    To continue from the above question where does control go without an agreement ?

    There’s lots of opportunity in that article for hyperlinks to add context from this limited filter of ‘jobs’ approach to writing.

    My curiosity is if Chesapeake Energy is involved in any way ?

  3. December 17, 2011 6:31 pm

    It’s complicated.

    • RBM permalink
      December 18, 2011 11:05 am

      Thanks for the link – it clarifies the first issue is to determine ownership.

      Alcoa seems to be pretty aggressive in it’s position by claiming ownership but not providing proof when requested.

  4. Craftyboro permalink
    December 17, 2011 8:11 pm

    The jobs that justified much of the lakes development are gone, pollution remains, and in the court of public opinion and Supreme Court, Alcoa will lose……….

  5. December 18, 2011 4:49 pm

    See #6 amd #15.

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