From Standing Rock to Burrillville, these forced and exploitative fossil fuel infrastructure plans are no longer the bell of Wall Street. The agreements are toxic, people throughout the country are fighting against them. Projects are getting delayed and cancelled on a regular basis, and those that get to the tax treaty and permitting process are met with huge resistance. This costs $$$$ and time and Wall Street doesn’t like the unknown.
The downgrade on Invenergy by Moody sheds light that funding for the Clear River Energy Center could be jeopardized. Now is not the time for a tax treaty. Invenergy’s application is suspended, and all negotiations must stop. The Town Council unanimously opposed the proposed power plant on September 22nd. Approving a tax treaty now would empower Invenergy and their investors. It is critical for the tax treaty to be defeated at tonight’s meeting.
7:00pm Burrillville Highschool – 425 East Avenue, Harrisville