May 20, 2009

Green-FF Desperate Untruths on Incinerator?

Green-FF looks right, looks desperate.

There are Local and European elections coming up in June 2009. Did the Green Party publish a truth behind a lie behind the untruth behind a mistake behind the spin?

On Sunday, May 17, 2009, the Green-FF's leafleted houses with the spin that the Poolbeg incinerator would "collapse" because Covanta could not get finance.

However on Monday, MAY 18, 2009, the Wall Street Journal (WSJ) reported Covanta was selling at least $300 million in 5-year cash-convertible notes to private entities for incinerator construction in Dublin.

The WSJ states:

"Covanta said proceeds from the offering, which will be private, could be used for items including plant construction in Dublin along with potential investments or acquisitions."

Green-FF omitted this Covanta statement from The Sunday Tribune of May 17, 2009:

A statement issued to The Sunday Business Post on behalf of Covanta Europe president Scott Whitney said the company was

‘‘in the final stages of pre-construction activity, the financing to construct the facility is available and we expect to commence construction when the remaining statutory approvals have been received’’.

Green-FF also omitted this Dublin City Council statement from The Sunday Tribune:

Seamus Lyons, Dublin Assistant City Manager, who heads the council’s environmental and engineering department, said that Dublin City Council was ‘‘satisfied that Covanta has finance in place’’.

Tiny Air Pollution Particles Cause Cancer

Kerry E. Grace, Dow Jones Newswires; 201-938-5089;

1 comment:

The Galway Tent said...


Principal Amount of
Initial Purchasers Firm Notes
Barclays Capital Inc.

Citigroup Global Markets Inc.

J.P. Morgan Securities Inc.

Calyon Securities (USA) Inc.

Avondale Partners LLC

Deutsche Bank Securities Inc.

$ 400,000,000