TXU Buyers Moved to Soften Potential Opposition to Huge Takeover
March 2, 2007 12:00 AM - David Koenig, Associated Press
The investors buying TXU Corp. say they can finance the biggest private-takeover ever, cut electricity rates, cancel new power plants -- and still make money. Kohlberg Kravis Roberts & Co. and Texas Pacific Group believe they can do this, most obviously, because TXU is the largest electricity producer in a big state that is expected to keep growing at a fast clip.
Whalers, North Alaskans Try to Block Oil Lease Sale
March 1, 2007 12:00 AM - Yereth Rosen, Reuters
Groups in Alaska have sued the U.S. Interior Department to block an offshore oil and gas lease sale that residents say threatens Arctic marine wildlife and the traditional Inupiat Eskimo way of life.
Australia's First Wave Power Plant Ready to Roll
March 1, 2007 12:00 AM - Rob Taylor, Reuters
Australia's cities are drought-parched and its desert outback drenched by floods, but climate change has not yet killed the country's famed surf beaches, or their promise of clean eco-power.
European Union Wants to Speed up Protection of Threatened Bluefin Tuna
February 28, 2007 12:00 AM - Raf Casert, Associated Press
European Union nations are poised to greatly increase protection for the overfished bluefin tuna, an increasingly rare delicacy in sushi shops around the world, officials said Tuesday.
Philips Agreement Boosts E.U. Incandescent Lightbulb Phaseout Plans
February 27, 2007 12:00 AM - Toby Sterling, Associated Press
European light bulb makers are close to an agreement in principle to work together on phasing out energy-wasting incandescent bulbs for the consumer market, the chief executive of Royal Philips Electronics NV's lighting division said Monday.
New Push for Conserving Electricity Starts to Show Results
February 27, 2007 12:00 AM - Tom Fowler, Houston Chronicle
Baker Hughes has added some 800 workers to its 140-acre Rankin Road campus in the last few years but barely a penny to its power bill. By replacing hundreds of old light fixtures and upgrading air-conditioning equipment, the oil-field-services giant cut its power consumption by more than 1 megawatt in 2006 alone.
Global Warming Worries to Boost Renewables
February 26, 2007 12:00 AM - Alister Doyle, Reuters
Three decades after former U.S. President Jimmy Carter experimented with solar panels on the White House roof, grim U.N. warnings about climate change may kick-start wider global use of renewable energy.
Lack of Water in Yangtze Creates Shortage for One Million People
February 26, 2007 12:00 AM - Associated Press
Falling water levels in China's Yangtze River have left 1 million people short of drinking water, state media reported Monday. A severe drought has caused the water level in China's longest river to plunge over the last two weeks, severely cutting water-pumping capacity, Xinhua News Agency said.
Dung Power at U.S. Ethanol Plant
February 26, 2007 12:00 AM - Carey Gillam, Reuters
The frosty-breathed cattle jostling for position at a feeding trough in rural Nebraska are not quite as typical as they appear: their manure is being captured in a new bid to quench America's thirst for ethanol.
U.S. States with Renewable Power Standards
February 23, 2007 12:00 AM - Reuters
Twenty-three of the 50 U.S. states have established "renewable portfolio standards" that, depending on the state, are either guidelines or rules regarding the share of renewable power generation of electricity delivered to customers.