[CPEO-MEF] ENERGY, SECURITY: "Obama Orders Chinese Company to End [Wind] Investment at Sites Near [Oregon] Drone Base"

[Lenny Siegel <lsiegel@cpeo.org>]

Obama Orders Chinese Company to End Investment at Sites Near Drone Base

By HELENE COOPER
New York Times
September 28, 2012


WASHINGTON - President Obama, citing national security risks, ordered  
a Chinese company on Friday to divest its interest in four wind farm  
projects near a Navy base in northern Oregon where training missions  
for drone aircraft are conducted.

The order, the first time a president has blocked such a business  
deal in 22 years, is another step in the tougher line on China that  
Mr. Obama has taken in recent weeks, as Republicans, including Mitt  
Romney, have accused him of being weak on Beijing.

Mr. Obama, on a recommendation from the federal Committee on Foreign  
Investment in the United States, issued an order prohibiting the  
acquisition and ownership of the wind farms by the Ralls Corporation,  
and directing the company to divest the interest it acquired in the  
farms this year. Ralls is owned by Chinese nationals and is  
affiliated with a Chinese construction equipment company that makes  
wind turbines.

The wind farm sites are near the restricted airspace at a naval  
weapons training facility that is used to test remotely piloted  
drones and electronic warfare aircraft that accompany American  
bombers on missions and can jam radar.


...

For the entire article, see
http://www.nytimes.com/2012/09/29/us/politics/chinese-company-ordered- 
to-give-up-stake-in-wind-farms-near-navy-base.html

--

Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org

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