
March 26, 2002 |
2002-R-0397 | |
QUESTIONS FOR CRRA NOMINEE | ||
By: Kevin E. McCarthy, Principal Analyst | ||
1. Why did CRRA choose to enter into a contract with Enron? Did CRRA consider other options? If so, what were they?
2. Did CRRA solicit competitive proposals from energy traders other than Enron to get the best possible price for the sale of its energy?
3. The attorney general has asserted that CRRA's actions exceeded the explicit bounds of its authority and clearly violated the spirit of the laws governing CRRA. What is your response?
4. Did CRRA and its advisers undertake sufficient due diligence in approving Enron's participation in the deal considering the scale and level of its involvement?
5. When the deal was presented to the board, did you own stock in Enron?
6. What are CRRA's options for recouping some or all of the $ 220 million from Enron, Arthur Anderson, or any other parties? What steps is CRRA taking to attempt to recover the money?
7. Does CRRA anticipate asking the state to purchase power CRRA produces for its power needs, as the advisory panel has suggested?
8. What is your opinion on proposed legislation to impose a moratorium on the increase in CRRA's tipping fees?
9. If Enron continues not to pay its obligations and the legislature adopts the moratorium, when would CRRA need to tap into the special capital reserve fund to meet Mid-Connecticut's debt service obligations?
10. Should the legislature commission a financial and management audit of the Mid-Connecticut project, as the attorney general has recommended?
11. Should the legislature create a CRRA oversight board, as the advisory panel has suggested? If yes, what powers should it have?
12. Should CRRA's FY 2002-03 budget be increased to reflect the costs identified by the advisory panel?
13. Is it possible to reduce CRRA's overhead by 10% in this year's budget, as the advisory panel has recommended?
14. In a March 24, 2002 column in the Hartford Courant, Michelle Jacklin asked whether the CRRA board was "asleep" when they approved $ 226,000 in bonuses for CRRA executives and staff. How would you respond?
15. What proposals do you have to handle the ash generated by CRRA's facilities? Do you believe that disposing of ash out of state is an acceptable alternative? Do you believe that ash can be safely reused in other products?
16. Mercury is a persistent and toxic pollutant that is present in many common products. Burning mercury-containing waste increases the potential mercury emissions from incinerators. What steps can CRRA take to (1) reduce the level of mercury in the waste it burns and (2) reduce the amount of mercury in its emissions? Do you have any suggestions regarding who can best reduce the general level of mercury in waste?
17. CRRA's main responsibilities include assistance and coordination of certain recycling efforts. Connecticut continues to fall short of its statewide 40% recycling goal. How can CRRA increase the rate of recycling and meet the state goal?
KM: ro