Industry News
Michigan Flood Puts Privately Owned Dams in Harsh Spotlight
Should these critical facilities be in private hands?
(Bloomberg) — The dams that breached after days of heavy rain in central Michigan are privately owned and had been the center of controversy for several years. Now Governor Gretchen Whitmer is saying these critical facilities should not be in private hands.
“We need to be very clear,” Whitmer said at a news conference Thursday (May 21). “This is a privately owned dam. We can talk about the merits of whether private companies should own critical infrastructure. I don’t think that they should.”
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