Greed at center of train storage issue

first_imgCategories: Letters to the Editor, Opinion Why would Iowa Pacific Holdings put antiquated rail cars in the Adirondack Park? It’s simple: Greed. They can store roughly 1,760 cars every 20 miles. Companies pay $4 a day per car. That’s $2,569,600 per year for every 20 miles. At that price, Iowa Pacific will let them sit and rot. They’re in no hurry to move them.When they first acquired the line, Iowa Pacific Holdings said it wanted to sell the “railings” from the National Lead mine in Tahawus. However, Plan B was much more profitable.The headwaters of the Hudson River run parallel to the rail spur. The river then flows east to North Hudson at Exit 29 of the Northway. You may remember the governor bragging of creating a new facility there. But like the city of Hoosick Falls, North Hudson may require additional precautions for its drinking water.While balancing the need for jobs and maintaining the pristine beauty of the Adirondacks, the state Department of Environmental Conservation and Adirondack Park Agency face their biggest challenge — Wall Street ethics in the Adirondacks. The railroad baron faces Sheriff Cuomo in Frontier Town. It’s high noon.George HebertCohoesMore from The Daily Gazette:Albany County warns of COVID increaseEDITORIAL: Find a way to get family members into nursing homesEDITORIAL: Thruway tax unfair to working motoristsFoss: Should main downtown branch of the Schenectady County Public Library reopen?EDITORIAL: Beware of voter intimidationlast_img

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