Quote:
Originally Posted by belsarius
Actually according to the legislation passed regarding the PPAs in 1997 (1998?), they were to be written by an independent board with public consultation. The AUEB then had a requirement to hold public hearings for any changes to those consultation and PPAs written by the Independent team. The Enron clause was added months after public hearings closed and only 5 days before the auction.
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The emails between the AUEB and Enron even show they were concerned that public hearings were going to be required. Instead the AUEB make the change without consultation.
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So yeah, investment is being told if you try and skirt the rules, do things in backroom dealings, we will punish it and change the agreements to make them legal.
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So in other words, you are arguing the Notley government does NOT need to change the law to win the lawsuit.