Word: consortiums
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Dates: during 1970-1979
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...wilderness of wind-carved rock, southern Utah's desolate Kaiparowits* Plateau is one of the most unspoiled places in the U.S. Now it seems likely to stay that way. For nearly 14 years a consortium of Western power companies has been seeking-over objections by environmentalists-to build a huge coal-fired plant on the plateau. Last week its campaign failed when two of the firms-Southern California Edison and San Diego Gas & Electric-informed Interior Secretary Thomas Kleppe that they were dropping, for the time being, their plans to build the plant...
...country's land managed by the National Park Service-including the Glen Canyon National Recreation Area and Bryce, Zion, Grand Canyon and Capital Reef national parks-is located within 250 miles of the proposed plant site. Two weeks ago, in an action that probably hastened the consortium's decision, 31 members of Congress suggested even further delays in the plant's oft-stalled construction by formally asking Kleppe to withhold approval pending further study...
Michael McCloskey, executive director of the Sierra Club, was elated by the consortium's defeat. Said he: "Kaiparowits was a project at the wrong time and in the wrong place." Ironically, however, the Kaiparowits decision may work against environmentalists on another front. Deprived of coal power to meet growing energy demands, Southern California Edison, the largest member of the consortium, can now argue more convincingly for an alternative also opposed by the Sierra Club: more nuclear power plants...
...coffee ($205 million), diamonds ($80 million) and iron ore ($49 million). The major industry is all foreign owned. Gulf produces the petroleum; most of the coffee plantations are Portuguese, but they sell almost entirely to large American companies; diamonds are produced by Diamang, a South African, British and Portuguese consortium. Even the main railroad, which runs from Lobito to Zaire, is British and South African owned...
Private Activity. Recently the Cornell estate, consisting of hundreds of unsold boxes and collages, passed into the hands of a consortium of dealers-Leo Castelli, Richard Feigen and James Corcoran. Last week a show of 43 Cornell boxes went on view at the Castelli Gallery in Manhattan. Until the inevitable retrospective-for a whole Cornell industry is now tooling up-one could not wish for a better introduction to this singular artist...