Yadkin River fight update - NC finally does something right

NC files lawsuit claiming Yadkin River belongs to the people of North Carolina and not multinational Alcoa Corporation.

Comments

Well, dang

I guess since the smelter closed in 2007 there's no current need to suck up to Alcoa. :-)

Prediction

Duke Energy's governor says the river should be used for job creation, Alcoa plans to sue.

A big lawsuit like this costs money, money we don't have according to "fiscal hawks" in the Teapublican Party, so I'm going to venture a guess here and predict that just as the lawsuit heats up, Duke Energy will mount it's white horse and ride to the rescue, offering to buy the dams from Alcoa at a "good price".

Since Alcoa is now selling the electricity to commercial customers (Duke Energy???), Duke would gain control of who knows how many megawatts of production power, reducing their overhead cost, and still get that hefty rate increase they've been angling for since forever.

Welcome to Duke Carolina!

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"...the question is not whether we will be extremists, but what kind of extremists we will be."

Martin Luther King, Jr., Letter from Birmingham Jail

Oh, how I hope you're wrong

but fear you're not. That deal would be too perfectly evil.