The New Cause

Louria, Avital
January 2007
Investment Dealers' Digest;1/29/2007, Vol. 73 Issue 4, p6
Trade Publication
The article reports that TXU Corp. in the U.S. intends to build new pulverized-coal power plants which is one of the most polluting power-generating technologies. The cost will largely come from financing arranged by Wall Street banks in New York. However, environmental groups are putting pressure on the banks to pull out of the lending. Various environmental groups and lawyers advocate addressing environmental issues as good fiscal policy.


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