Re: Strategic action to to avert catastrophic temp rise
On Apr 11, 2007, at 2:25 PM, Joseph Catron wrote:
Below is an article from the NewStandard about a new initiative
that’s considerably more sophisticated than the ones Chuck
describes. I’d be very interested in hearing everyone’s thoughts on
it.
I think it’s a great idea. The banks - esp those that take public
deposits - are vulnerable to bad PR. And no funding, no power plants.
Interesting that RAN pressured TXU on its plan to build a dozen new
coal-fired plants. TXU cut a deal with KKR and (the very corporate-
friendly) Environmental Defense to reduce that number to three as a
condition of their private equity buyout. More of this sort of
pressure could be fruitful.
Doug