Wednesday, October 15, 2008


Shadow looms over solar plan A relative of Gov. Arnold Schwarzenegger and one of his former cabinet secretaries are part of an investment group that could score a lucrative payoff if regulators approve a solar energy complex near the Mojave Desert Preserve. The personal connections have raised questions about possible favorable treatment for a project being touted as a breakthrough in the development of solar power. Robert F. Kennedy Jr., who is the cousin of first lady Maria Shriver, and former state Environmental Protection Secretary Terry Tamminen were named senior advisers at VantagePoint Venture Partners last year. VantagePoint has a multimillion-dollar stake in BrightSource Energy, which plans to spend up to $2billion to construct solar power plants on nearly six square miles of land along the Nevada border. The project would be the first solar generating station on U.S. Bureau of Land Management property. Companies from Wall Street to Europe are snapping up once-ignored wilderness for energy projects....

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