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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| Ethanol: Picking the Winners |
| Written by Sean Rogan | |||
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"But all is not quiet on the farm. In the Senate, tensions over corn’s new role..." Nice summary over the battle for alternative fuel policy on Capitol Hill courtesy of The Council on Foreign Relations. Includes the repeal of tax breaks to Big Oil & Gas, aversions to a review of the 2002 Farm Bill, as well as alternatives to corn (Switchgrass) for producing Ethanol and other biofuels.
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