Environmental groups have an impact on KKR buyout of TXU Corp - aka Texas Utilities (TXU). They managed to force the company to reduce the total number of coal plants being planned in Texas from eleven to three. Article at Business Week Online. Rain Forest Action Network on "What Happens Next" The Daily Grist calls it "Texas Fold 'em"
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| Advanced Greenhouse Effect in Australia |
| Written by Editorial Staff | |||
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Temperatures are higher in Australia than the global average, and although half the country is experiencing a severe drought, the other half has already accumulated a year's worth of rainfall. Additionally, 15 out of 20 of Australia's hottest years have occurred since 1980. CSIRO (Commonwealth Scientific and Industrial Research Organization) attributes the drought to natural climate variability.
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