NewEnergyNews More: CHINESE HAVE RIGHTS IN OREGON WIND BUY

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  • Monday, July 21, 2014

    CHINESE HAVE RIGHTS IN OREGON WIND BUY

    Court backs Chinese firm in dispute with Obama

    Timothy Cama, July 15, 2014 (The Hill)

    “A federal appeals court…[has ruled that when President Obama used a rarely invoked authority in 2012 to prevent Ralls Corp. from buying the four wind farms in Oregon located on or near a naval training facility because of national security concerns, it] deprived Ralls of its due-process rights under the Fifth Amendment of the Constitution…The judges said Ralls should be allowed to see the evidence the Committee on Foreign Investment in the United States used to block the transaction, and should have the chance to respond to the allegations…The committee was formed in the 1970s to stop foreign transactions that could threaten national security. Its proceedings are highly secretive…The panel recommended that Obama block the Ralls acquisitions, and he agreed. It was the first time since 1990 that the authority had been used.” click here for more

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