The proposed takeover of Hawaiian Electric Industries by Florida-based NextEra is likely to result in the loss of many well-paid positions within the local utility as the company is integrated into the much larger mainland energy conglomerate. This might include outside consultants and lawyers who HEI has relied on in the past. But there’s another thing at work. The takeover would mark a major change in political orientation. In recent decades, HEI has leaned Democratic, while NextEra is well known of its major support of the Republican Party.
For example, NextEra contributed $1,158,933 to the National Governors Association during the 2014 election cycle and ranked at #7 among the largest corporate contributors, according to OpenSecrets.org. And if you missed it, yesterday’s New York Times reported that the National Governors Association has been secretly working with energy companies to attack and roll back federal regulation (“Energy Firms in Secretive Alliance With Attorneys General“).
During 2014, Florida Power and Light, NextEra’s major energy subsidiary, made contributions from its PAC that went to Republicans by a 2-1 margin, again according to OpenSecrets.org (69% to Republicans, 31% to Democrats).
NextEra Energy Resources followed a similar pattern, with $1,865,644 going to Republicans, compared to $816,715 to Democrats in recent elections, as compiled by FollowtheMoney.org.
Bottom line: This corporate merger could reverberate through the state in many different ways. It some respects, this shift of power could be something like what happened in the decade or two after statehood, as power of the Big Five was largely dismantled by the takeover of international corporate interests.
The Star-Advertiser is running one of their informal polls this morning. The Question: “Does Police Chief Louis Kealoha’s testimony in causing a mistrial in a family federal trial change your view of him?“.
I think you can vote without being a subscriber. After voting, you’ll see the results displayed. In initial results, the public has a dim view of the chief’s action.
For folks over on the Big Island, staff of the legislature’s Public Access Room will be over there next week to present a series of workshops to help people learn how to participate effectively in the legislative process. The workshops are being offered ahead of the 2015 legislative session, which begins January 21, if I’m not mistaken.
PAR’s workshops are between an hour to one-and-a-half hours in length, and are designed to be useful to both newcomers and veterans of the legislative process. Covered topics will include understanding the legislative process, delivering effective testimony, making sense of the calendar and deadlines, and an overview of the Legislature’s website. Renewed inspiration to be part of the solution will be the overriding theme.
You can find more information on the PAR website, or by calling 808/587-0478 (toll free from Hawaii Island = 974-4000, x 7-0478). It’s possible that additional workshops could be organized on request for interested community groups.
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Ian says: “The takeover would mark a major change in political orientation. In recent decades, HEI has leaned Democratic, while NextEra is well known of its major support of the Republican Party. … This corporate merger could reverberate through the state in many different ways. It some respects, this shift of power could be something like what happened in the decade or two after statehood, as power of the Big Five was largely dismantled by the takeover of international corporate interests.”
I say: I hope Ian’s fascinating speculation proves true, because it would be just as good for Hawaii to break up the Democrat stranglehold of Hawaii today as it was to break up the Big Five stranglehold several decades ago.
Ahhh, Florida, the bastion of internet “deals” that take your credit card info, send you the inferior stuff, but don’t alert you to the fine print that states you’ve incurred automatic credit card payments for a lifetime supply of….whatever!
Also, Floridians think Jeb is da man!
Warning flags! The question is: is it a done-deal like most of these things are by the time we are alerted.
For whatever it may be worth, friends in Florida refer to Florida Power & Light as “Florida Plunder & Loot”.
PAR staff are on Maui all this week providing the same service through workshops.
If HEI already has connections with influential Democrats, why would the company taking them over (NextEra) suddenly forsake those relationships? Just because NextEra supports Republicans on a national level or in states (like Florida) where the GOP is in control, doesn’t mean that they’ll be on a political/idealogical mission to convert every state to red. The new utility barons in town will just want to cozy up with whatever local party/politicians who will help them make as much $$$$ as possible.
If Walter Dods had been a banking maven in South Carolina, would he have been a Democrat? If Mufi Hannemann had established roots in Utah, would he have tried to break into politics there by running as a Democrat?
Please.
Regarding NextEra, which is based in Florida.
http://www.wsj.com/articles/in-florida-a-power-struggle-over-solar-plays-out-1424460679