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Sarah's pipeline deal : why is Alaska paying a private firm to build the

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hedgehog Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-04-08 07:19 PM
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Sarah's pipeline deal : why is Alaska paying a private firm to build the
Edited on Thu Sep-04-08 07:20 PM by hedgehog
pipeline? I'm assuming that the pipeline will be privately owned, so why is Alaska paying for it. Shouldn't the pipeline consortium be paying Alaska for the privilege?

FACT: That infrastructure project has not yet been approved by Federal regulators. The proposed pipeline would ship natural gas from the Alaska's North Slope to homes and businesses across the U.S. In June, the Alaskan legislature, with Palin's prodding, agreed to pay Canadian energy company TransCanada $500 million as an incentive to build the pipeline.

http://abcnews.go.com/Politics/Conventions/Story?id=5726571&page=2
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