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Opponents Of Plum Creek Plan Cite Economic Woes

Stock quotes in this article: PCL  

BANGOR, Maine (AP) — Conservation and environmental groups opposed to Plum Creek Timber Co.'s massive development plan for the Moosehead Lake region raised a new argument as regulators began final deliberations Tuesday: The economic meltdown has eroded the economic underpinnings for the proposal.

Two of the primary opponents, Maine Audubon and the Natural Resources Council of Maine, contend there's no way to justify such a development in the current economic climate.

There are upward of 125 home lots in the Moosehead region on the market, and Maine's real estate market has tanked, said Brownie Carson of the Natural Resources Council of Maine. ...

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