MONTPELIER, Vt. (AP) - Vermont regulators have signed off on an ownership deal related to two Vermont utilities that critics worry could bring more fossil fuel infrastructure to Vermont.
Vermont Public Radio reports that the Public Utility Commission on Friday approved the complex deal that will indirectly increase Canadian pipeline company Enbridge’s ownership over both Green Mountain Power and Vermont Gas.
Julie Macuga, an activist with 350 Vermont, organized a protest Monday. She says the deal “is another case” where the state is heading toward a “fossil fuel monopoly and a consolidation of power.”
Jim Porter of the Department of Public Service, which represents ratepayers, says the department concluded that the deal will not have any significant impact on how the two utilities operate in Vermont.
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Information from: WVPS-FM, http://www.vpr.net
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