Traditionally they are financed by the companies that are actually going to burn the gas, industrial manufacturers, gas distribution companies, gas-fired plants, who enter into long-term contracts with the pipeline company.

The SEC is an investor protection agency, so when you launched your project, what evidence did you have that information overload was a real problem that investors wanted you to solve?

We think the path forward is clear. Massachusetts will need to aggressively expand renewable energy generation and increase conservation to meet our carbon emission goals.

these companies are saying they do not want to pay because they are not sure that these pipelines make any economic sense.

A year ago I called your leadership at the SEC 'extremely disappointing.' Today I am more disappointed than ever.

Last month the Massachusetts Supreme Judicial Court ruled that the state is not on track to meet its legal obligation to reduce carbon emissions from fossil fuels.

giant pipeline companies that cannot make an economic case for these projects should not be allowed to force someone else to pay for them.

Information overload is a problem that was invented to justify a project aimed at making life easier for big companies and harder for investors.

The National Chamber of Commerce, which represents the giant companies that have to do the disclosing.

I cannot find, and you have not produced, a single investor who has complained to the SEC about receiving too much information.

they found that it's not in their economic interest to be paying for pipeline capacity every day when their needs are limited and only during certain specific periods of the year.

the SEC's job is to look out for investors, not for big companies.