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Analysis Lee Gough Analysis Lee Gough

Something You Might Not Know About: Blackstone’s Champlain Hudson Power Express

The Champlain Hudson Power Express (CHPE), a transmission corridor owned by a subsidiary of private equity group Blackstone, is designed to import hydroelectricity from Canada to Queens. A closer look at the situation, however, reveals that the project represents an effort by a leading fossil fuel profiteer to augment its fossil fuel profits with greenwashed imported hydropower as a false climate solution.

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