Tag Archives: Georgia

Many same investors in Sabal Trail and Dakota Access Pipeline

DAPL and Sabal Trail are more intertwined than we thought. But first, who are the institutional investors in the three Sabal Trail partners? Three Banks NASDAQ makes this easy to discover, and the answer is in the first table below: among banks State Street and Bank of America stand out.

Let’s not forget Williams Company, of the Transco Hillabee Expansion Project from which Sabal Trail wants to get its fracked methane; see the second table, which State Street clearly wins, and there’s Goldman Sachs.

We learned this week that Enbridge of the Dakota Access Pipeline (DAPL) opposed by the Standing Rock Sioux in North Dakota: that Enbridge is buying Spectra Energy of Sabal Trail.

But there’s more! Last year Williams was bought by Energy Transfer Equity, which is the main backer of DAPL.

Update 2016-09-26: Actually, Energy Transfer backed out of buying Williams Co..

See the third table, which shows banks bought into at least five of the partner entities: Bank of America and Morgan Stanley.

Opponents of Sabal Trail are not just fighting the same industry as DAPL: they’re fighting many of the same companies and the same investors.

Investors in Sabal Trail partners (Spectra Energy, NextEra Energy, Duke Energy)

Continue reading →

FPL admits no need for new electricity until 2024: so why Sabal Trail?

17%, 13%, now 0% new electricity needed in Florida, according to FPL? And the Sabal Trail excuse of coal plant “modernization” has already been accomplished without Sabal Trail? While even FPL is now deploying solar power and admits solar “is now significantly influencing FPL’s resource planning”? So what is the Sabal Trail fracked methane pipeline boondoggle for, then?

Two years ago I pointed out that FPL’s own projections in its ten-year plans Continue reading →

Senator Perdue at Valdosta Rotary and Chamber 2016-08-24

Mostly what the assembled rotaries and homebuilders seemed to be interested in was getting the Senator to defend Moody Air Force Base against closure, which makes sense, since Moody is still by far the largest economic engine of the entire central south Georgia and north Florida region.

Maybe you can hear where he says anything about defending us from the invading Sabal Trail fracked methane pipeline; I must have missed that part. He ended by saying it wasn’t about rich vs. poor, and quoting from the Declaration of Independence about “we mutually pledge to each other our lives, our fortunes, and our sacred honor.” There’s no mutuality in the federal government giving eminent domain to a pipeline company from Houston, Texas to take our lands so they can profit by exporting fracked methane.

Below are links to each LAKE video, followed by a video playlist. Continue reading →

Videos: Welcomes, Millage, 5 minutes 30 seconds @ LCC 2016-08-23

3.5 minutes of actual meeting after a minute of invocation and pledge and a minute of welcomes.

First they welcomed Cub Scout Pack 400 and Troup 410, a member of the Lowndes County Explorer Program, for their interest in the gubmint. Also a Valdosta City Council member (Sandra Tooley, although Chairman Bill Slaughter didn’t name her), and Carl Smith. Plus Tax Commissioner Felicia Williams. He didn’t name any of the regulars in the room, yet the welcomes took more than a minute which, plus the minute for the invocation and prayer, that was two minutes of non-business in the entire 5 and a half minute meeting, so that was only 3 and a half minutes of actual meeting. Which was more than 2.5 minutes of the previous morning’s Work Session. It does make you wonder: where and when do they actually discuss the county’s business, and why isn’t it in the public meetings?

Below are links to each of the LAKE videos of the August 23nd 2016 Regular Session of the Lowndes County Commission. See also Continue reading →

Bell Brothers v. Sabal Trail Attorney Fees

You can help prevent this happening to you or your neighbors. Sabal Trail will use this to intimidate anyone who opposes them, just like they’ve been using previous court cases to scare people all along. Fortunately, the Bells have already provided a way everyone can help and thereby demonstrate we the people do not want Sabal Trail. The Bell brothers have set up a gofundme campaign. If you can’t contribute, you can help publicize it.

In the same case that people travelled to Leesburg, GA to attend twice, from Dougherty County and Lowndes County, GA and from places in Florida as far south as the Everglades, the Bell Brothers lost Continue reading →

Millage Public Hearing @ LCC Millage 2016-08-23

People showed up and asked questions!

Finance Director Stephanie Black said they were having public hearings because they were required to when raising the millage. She said some of the reasons for the raise were a decline in the Local Option Sales Tax revenue, “because of the TATV” a decline in motor vehicle revenues, and a decline of 1.88% or $56 million in the property tax digest. TATV appears to be Ad Valorem Title Tax, which changed with HB 386 becoming law 1 March 2013, changing annual TATV to a one-time tax at vehicle purchase, and that new tax goes to the state, not the local government. As you can see in the Millage History slide pictured, they did Continue reading →

Videos: 2 minutes 39 seconds, plus new county agent @ LCC 2016-08-22

That’s 2:39 for all business in Monday’s Work Session of the Lowndes County Commission, except for a report at the end about a new county agent. The whole thing took less than 5 and a half minutes, according to their own clock. Valdosta City Council Sandra Tooley showed up at 5:35, just before they adjourned, and wondered what happened. You ever get the feeling they discuss business somewhere other than in public m eetings?

Tonight there’s a third millage hearing at 5PM, followed by their voting Regular Session at 5:30 PM. See previous post for some background on the millage and the agenda.

Below are links to each of the LAKE videos of the August 22nd 2016 Work Session of the Lowndes County Commission. They vote tonight. Continue reading →

Videos: Jerry Wallace reitrement, ZBOA, Verizon, abandonment, landfill @ LCC 2016-08-09

The engineering department utlity player, Jerry Wallace, is retiring. Jerry Wallace

They approved everything they discussed at the previous morning’s Work Session. See also the LAKE video of the Zika and mosquito control report from that Work Session.

Below are links to the LAKE videos plus a few notes for the Regular Session, August 9th 2016, of the Lowndes County Commission. They vote again tonight.

Here’s a video playlist:


Videos: Jerry Wallace reitrement, ZBOA, Verizon, abandonment, landfill
Regular Session, Lowndes County Commission (LCC),
Video by Gretchen Quarterman for Lowndes Area Knowledge Exchange (LAKE),
Valdosta, Lowndes County, Georgia, August 9, 2016.

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Investigative reporting costs money, for open records requests, copying, web hosting, gasoline, and cameras, and with sufficient funds we can pay students to do further research. You can donate to LAKE today!

Millage, grants, computers, and land bank @ LCC 2016-08-22

This morning the county will discuss raising the millage rate, and they will vote on it Tuesday evening, with a third millage hearing half an hour before the voting session.

Michael Praats, Valdosta Daily Times

As County Manager Joe Pritchard reminded them July 25th, it’s time for the annual millage rate setting. As usual, their agenda doesn’t say what they’re setting it to. There’s a number in Continue reading →

Again no new business prospects @ VLCIA 2016-08-16

That could be good because it makes them focus on existing industries.

Here’s the agenda.

Valdosta-Lowndes Development Authority
Tuesday, August 16, 2016 5:30 p.m.
Development Authority Conference Room/103 Roosevelt Drive
Monthly Meeting Agenda

Continue reading →