From The Hotline for Monday, July 21, 2008

COLORADO

D'Oh-Fur

Mon. Jul 21, 2008


As Rep. Mark Udall (D-02) plans to "encourage the use of renewable energy," it could "end up benefiting several" of his investments, "according to a review of of his...financial disclosure forms." His 5/22 disclosure "reveals" $31K invested in "mutual funds and IRAs backed by clean-energy investments." Udall has come up with a policy, "power-generation mandate" that could create a "spike in demand for renewable-energy technology, which he announced "he will continue to pursue" upon being elected." Udall: "I strongly believe in the establishment of a federal Renewable Energy Standard and ,as your senator, I'll be the deciding vote to make sure the measure makes it to the president's desk."

Ex-Rep. Bob Schaffer (R) spokesperson Dick Wadhams responded: "[Udall] should hold himself to the same standards that his campaign seems to be applying to Bob Schaffer, which is any involvement with any business entity is inherently a conflict of interest. That's the underlying attack they've made on Bob Schaffer on an number of fronts." Udall spokesperson Tara Trujillo replied: "[Udall] supports that vision in every way possible, including with his own investments."

Schaffer's investments "contains" some which many have "called inappropriate." At least five of his investments are within companies "doing business with the government of Sudan." The Udall camp called Schaffer's "holdings...troubling." Trujillo mentioned that Udall "has divested himself from funds invested in companies working in Sudan" selling his $46K in stock in Feb. Trujillo: "Bob Schaffer should do the responsible thing and divest himself from these investments like Mark Udall did" (Saccone, Grand Junction Daily Sentinel, 7/20).

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