Monday, February 22, 2010

SD Warren Paper Company "Win- Win" hydro earnings

6/25/09 North Gorham Dam
This is spillage from Sebago Lake because of the Me DEP Lake Level Plan lack of storage capacity. SAPPI is losing about a couple of million dollars just about every year on their small hydro operations. This is energy lost that is being replaced with fossil fuels. This spillage is happening all over Maine because we have to keep lakes high all the time for those few special interests. Total losses are in the hundreds of millions of dollars statewide and its bad for the ecosystems. SAPPI wanted this lake level plan. No wonder they are having a hard time making a profit.