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DAM-L US shareholders supporting PCN (fwd)
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From: "Diane J. Peterson" <birch7@pop.goldengate.net>
To: MWEJ2000@hotmail.com
Subject: Xcel shareholders resolution
Date: Tue, 12 Dec 2000 14:22:35 -0600
Dear Cree supporters,
Last month, an Xcel Energy shareholders resolution to stop doing harm to
Pimicikamak Cree Nation was filed through the initiative of Witness Linda
Sourbis. The resoulution appears below. We still await word whether the
Securities and Exchange Commision will require Xcel to put this resolution
to a shareholder vote in 2001. We look forward to this resolution
appearing on the company ballot, and the opportunity to lobby in its favor
at the next annual shareholders meeting. In recent years, NSP typically
held these meetings in April in the Twin Cities, and this might be true
again next year.
Thanks to Linda, Henry Fieldseth, and Lea Foushee for their leadership in
filing this resolution! It will be helpful if other Xcel shareholders
participating in this list, or acquainted with shareholders who might be
interested in this issue, replied here to let us know a head count--early
on--of supporters.
For improved corporate responsibility,
Diane J. Peterson
Minnesota Witness for Environmental Justice
update line: (651) 255-6945
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A Resolution Concerning Xcel Energy's Corporate Practices
WHEREAS Xcel Energy "has several agreements to purchase electricity from
the Manitoba Hydro-Electric Board (MH)" which "represent about 17 percent
of MH's system capacity and account for approximately 10 percent of NSP's
2000 electric system capability" (Northern States Power Company Annual
Report, 1999, p. 44); and
WHEREAS Xcel Energy has been required by law to give preference to
renewable resources in meeting its needs for power supply, Manitoba Hydro
comprises the largest component of Xcel Energy's renewables portfolio, and
Xcel Energy regards Manitoba Hydro as a future option and is negotiating
additional purchase agreements; and
WHEREAS a portion of Manitoba Hydro's electricity supply is generated from
non-renewable fossil fuel, including a coal plant
without scrubbers; and
WHEREAS the traditional lands and burial grounds of Pimicikamak Cree Nation
and other indigenous peoples have been flooded or in other ways rendered
inaccessible; means of livelihood have been damaged and food supplies
poisoned as a result of Manitoba Hydro's power production; and
WHEREAS concerns about the adverse environmental, socioeconomic and Human
rights impacts upon Pimicikamak Cree Nation and other indigenous Peoples
from Manitoba Hydro's electricity production are being raised at the
Minnesota Public Utilities Commission; in legislation filed in the
Minnesota state legislature; and by shareholders at Xcel Energy's first
annual meeting; and
WHEREAS the nature of its power supply has major implications for Xcel
Energy in both today's regulated environment and in a newly restructured
electric industry; and
WHEREAS Xcel Energy's power purchases from Manitoba Hydro make our Company
vulnerable to charges of environmental racism;
THEREFORE be it resolved that:
The shareholders of Xcel Energy recommend to the board of directors that it
develop and implement policies and practices requiring that our company
obtain power supplies from increased efficiencies and renewable resources
that do not have undue adverse environmental, socioeconomic and human
rights impacts upon Pimicikamak Cree Nation and other indigenous peoples.