Environmental Law

In The News (October 29)

By Dennis Pfaff and Kevin Livingston, Editors

• Growing acceptance of environmental challenges is making commodity-linked "cleantech" investing a hot spot, something to which "long-view investors might want to pay heed," according to this Barron's article.
• The Goldman Sachs Group and Blue Source LLC have created a strategic alliance to market "verified emissions reductions" resulting from certain greenhouse gas reduction projects in Blue Source's portfolio, reports Clean Edge News.
• But then there's a darker part to the economic picture, in light of the credit crisis, as underscored by this look at recent reports from analysts and wind industry insiders who have scaled back their growth predictions in light of uncertain financing, reported by Fortune's Green Wombat blog.
• An environmental group says that federal agencies have consistently neglected to evaluate the benefits of greenhouse gas reductions, and called on the government to change that course when looking at new regulations, from a statement from the Environmental Defense Fund.
• Maybe it got lost in the mail? Federal regulators gave their blessing to low-level radioactive waste from Canada and Mexico that is now buried in Utah, but it seems that Utah "never got the memo," reports the Salt Lake Tribune.
• In a first official acknowledgment of the fact that China could be the world's biggest greenhouse gas emitter, a top Chinese official says his nation's output of heat-trapping gases has caught up with the United States, according to this dispatch from Reuters.
• Transmission lines still seem to pose one of the biggest problems in the energy sector, with more evidence for that proposition coming from the opposition Southern California Edison is encountering to a plan for a new line, as reported by the Ventura County Star.
• More controversy over biofuels, as environmentalists express anger over the fact that European biofuels could receive a boost from a change in the way the European Union calculates their impact on the environment, reports Reuters.

Full post as published by Climate Law Update on October 29, 2008 (boomark / email).