Source: Maui Time, Maui News, Best of Maui, Maui Activities

Remove Images

Maui County
The Maui 10
Who’s the county’s most powerful player?

by By Anthony Pignataro

November 30, 2006

RANK   PREVIOUS   COMPANY



    1             

 

1             

Dowling Co.

   

2               

3             

Maui Land & Pineapple Co.

   

3               

4             

Tesoro Hawai`i

   

4               

5             

Weinberg Foundation

   

5               

2              Alexander & Baldwin



   

6           

  10          

   Monsanto Hawai`i



   

7               

6             

Makena Resort

   

8               

7             

Maui Electric Co.

   

9               

8             

Wailuku Water Co.

  

10           

   9              Hawaiian

Telcom





NOT SO SWEET DEAL



In the highly competitive, super-charged business climate that is

Maui, it's not enough for a corporation—especially one like Alexander

& Baldwin—to simply advocate for better, more rational policies.

There comes a time when it must use its corporate power and influence

to better this island, nation and even world. For pretty much the last

decade, A&B—which owns Hawaiian Commercial & Sugar, one of the

most famous and powerful sugar growers in the nation—has coyly dropped

hints in various newspaper articles that it wouldn't mind if the

massive sugar subsidies handed out by the federal government were to go

away. For the ostensibly free-trade Republicans who have run the

federal government for the last decade, this should have provided them

the necessary cover to dump the subsidies. But no. And now, according

to the Nov. 27 issue of The New Yorker, our sugar subsidies are

hindering this nation's attempts to get more energy efficient. It's all

about ethanol, a biofuel far cleaner than petroleum gas. The problem is

that we currently derive ethanol from corn, which isn't in itself

energy efficient. It would be far more efficient to derive ethanol from

sugarcane, but our current sugar subsidies have made that product

prohibitively expensive to simply dump into a fuel refinery. Were

A&B more powerful, it could help sweep away the sugar subsidies,

ushering in a new sugar-ethanol world of cleaner engines and less

pollution.





GOING TO SEED



Monsanto rises this week on news that no less a personage than UN

Secretary General Kofi Annan recently announced that if biotechnology

falls into the wrong hands, the results could be "catastrophic" for the

world. "As biological research expands, and technologies become

increasingly accessible," he said, "this potential for accidental or

intentional harm grows exponentially." Now that's power! MTW