A few months back, the Federal Energy Regulatory Commission directed Deutsche Bank Energy Trading LLC to show cause why it shouldn’t be assessed a civil penalty of $1.5 million and be made to...
to protect the people of California this line has to be built-the federal government believes that. And the federal government has authorized, indeed encouraged us, to do that," he said.
At the end of the day, Schroeder puts his money on the feds. "The decision-maker probably would be the owner of the project, which is WAPA-the federal government."
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