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Cover Story

Terminator turns left

By Judi McLeod
Friday, June 3, 2005

Toronto, ON-- Maria Shriver is not the only high profile american to lay wreaths at the feet of former Soviet leader Mikhail Gorbachev. Hubby arnold Schwarzenegger's soft on Gorby too.

"I like this kind of man and I think we need more of them," Shriver told People Magazine in 1994.

The Terminator's name is on Gorbachev's website as an acolyte of The Green Cross "energy glasnost" $50-billion solar energy fund, touted as "a plan to drive down the cost of solar energy over 10 years for the developing world and urban centers."

"The Global Solar Fund was first proposed in Johannesburg at the World Summit on Sustainable Development–where the proposal of the Renewables 2004 conference originated–to create energy for peace. The status of solar programs in California, where Governor Schwarzenegger has called for solar on every other new home will also be presented."

If the Guvenator has already given the rights to California's municipal bonds to Saddam's favourite bank, BNP Paribas, why should anyone ponder his signing up for solar with Mikhail Gorbachev?

The Terminator's "California Energy Czar" is none other than Joe Desmond, the same Desmond who crops up for global conferences in Canada with many luminaries, including Chairman Mo (Maurice) Strong.

Strong, who recently admitted to ties to "Koreagate Man" Tonsun Park, an agent alleged to have lobbied the UN on oil deals for Iraq, is the former president of the Montreal-based Paul Desmarais-founded Power Corp. Inc. Desmarais son, andre, married to France, daughter of former Canadian Prime Minister Jean Chretien is on the board of Vivendi-Universal, which contributed almost $80,000 to Schwarzenegger's campaign for California governor.

Kurt Waldhelm, former head of the United Nations, is a close arnie friend, and in fact attended his wedding to Shriver.

No wonder the Terminator is in Gorby's good books. The FPL Group Inc. has recently announced that it bought a large minority stake in five solar power assets in California, cementing its position as the biggest U.S. generator of solar and wind power.

according to Planet ark, FPL Energy, a unit of the FPL Group, said it bought five 30-megawatt solar energy generating systems (SEGS) in California's famed Mojave Desert with private equity fund Carlyle/Riverstone, although it did not disclose any financial details.

"The SEGS were purchased from a diverse group of limited partners, a company spokesman said. (Planet ark).

"Juno Beach, Florida-based FPL Energy will operate the plants and own a 45 percent stake. Carlyle/Riverstone will own 49 percent with the rest held by a group of limited partners.

"The projects have long-term contracts to sell all of their power to utility Southern California Edison, a unit of Edison International.

"The SEGS, which were developed in the mid-1980s, mainly produce electricity during periods of high demands such as hot summer afternoons when there is heavy use of air-conditioning systems in California.

"Rows of troughs, which track the sun using sensors and microprocessors, focus sunlight onto specially coated steel pipes that house vacuum insulated glass tubes containing oil. The oil is heated to 735 degrees Fahrenheit and used to generate superheated steam, which drives a turbine.

"FPL Energy President Jim Robo said the transaction makes the company the largest generator of solar power in the United States, with 310 megawatts in operation, as well as the nation's largest wind generator, with more than 2,750 megawatts.

"Private equity firms Riverstone Holdings LLC and the Carlyle Group are the general partners of the $1.1-billion Carlyle/Riverstone Global Energy and Power Fund 11, which invests in the energy and power energy."

Meanwhile, the "I'll-be-back" man is more unbelievable in real life than he is on the Hollywood screen.


Canada Free Press founding editor Most recent by Judi McLeod is an award-winning journalist with 30 years experience in the print media. Her work has appeared on Newsmax.com, Drudge Report, Foxnews.com, Glenn Beck. Judi can be reached at: judi@canadafreepress.com


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