QuestionerLast year, our commercial salmon season was completely shut down because of the crisis in the Klamath River. It is caused by the four lower hydroelectric dams owned by your subsidiary Pacific Corps. People back home are eagerly waiting for me to bring a response back from you. What can I tell them is your position on removing the outdated Klamath dams?
Greg AbelYes. Our position on it is quite simple. The FERC and several of the regulatory commissions have before them 27 different proposals or positions by various interest groups. Some want, some like hydro power, which is what comes from the dams, because it does not generate the emissions that comes from coal or gas fired generation. Some, like the fact that hydro power is cheaper, several hundred thousand consumers. Some people have been hurt by what you describe in terms of the fish. And you have a public policy question, which will not be determined by Pacific Corp. It will be determined by FERC because they represent the public. The fact, the Secretary of Interior has advised FERC that it's a very tough question. FERC will be have hearing that they will listen to the positions. The Oregon and Utah, California, perhaps, public utility commissions will be listening to the arguments. And in the end, we are a public utility responding to public policy. Public policy weighing both your interests and the interests of others in the matter. We'll come to a determination, and Pacific Corp will do exactly what they say. responsive to the people that regulate us, just as people have been in that position since the first AM was put in 1906. So that is entirely a question for FERC and the state commissions.