CITIZEN POWER ALLIANCE

CPA recommends that Assemblyman Joseph Morelle should be contacted and told that he is dead wrong and that folks will work to see he is not re-elected.

And yet the PSC continues to present new hurdles for Iberdrola to surmount, so much so that the transaction may be imperiled. Just recently, Iberdrola's corporate development director reiterated the company's willingness to walk away from the table should bureaucratic resistance continue.

Yes, the PSC staff must be duly diligent in evaluating this transaction, but it's hard to argue with the Democrat and Chronicle's April 20 editorial on this issue, which correctly stated that "while oversight is a necessary function of government, too much can be cumbersome."

As I noted in my report, New York will need many policy changes and investments to build a growth-friendly, innovation-based economy. I am convinced that this acquisition would move New York closer to that vibrant new economy. I trust that the PSC will reach the same conclusion before this opportunity is lost.

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