TITLE

The New Cause

AUTHOR(S)
Louria, Avital
PUB. DATE
January 2007
SOURCE
Investment Dealers' Digest;1/29/2007, Vol. 73 Issue 4, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
23884182

 

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