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    <title>The Green Think</title>
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   <id>tag:www.thegreenthink.com,2007://2</id>
    <link rel="service.post" type="application/atom+xml" href="http://www.alwaysalmost.com/cgi-bin/mt/mt-atom.cgi/weblog/blog_id=2" title="The Green Think" />
    <updated>2007-12-05T16:22:28Z</updated>
    
    <generator uri="http://www.sixapart.com/movabletype/">Movable Type 4.0</generator>
 

<entry>
    <title>Global Warming Victims Seek More Help</title>
    <link rel="alternate" type="text/html" href="http://www.thegreenthink.com/2007/12/global_warming_victims_seek_mo.html" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.alwaysalmost.com/cgi-bin/mt/mt-atom.cgi/weblog/blog_id=2/entry_id=317" title="Global Warming Victims Seek More Help" />
    <id>tag:www.thegreenthink.com,2007://2.317</id>
    
    <published>2007-12-05T16:20:42Z</published>
    <updated>2007-12-05T16:22:28Z</updated>
    
    <summary>Global Warming Victims Seek More Help, via London Free Press...</summary>
    <author>
        <name>Jonathan</name>
        
    </author>
    
        <category term="News" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thegreenthink.com/">
        <![CDATA[<p><a href="http://lfpress.ca/newsstand/News/International/2007/12/05/4708149-sun.html">Global Warming Victims Seek More Help</a>, via <a href="http://lfpress.ca/home.html">London Free Press</a></p>]]>
        
    </content>
</entry>

<entry>
    <title>150M People, $35T at risk by 2070 due to Global Warming Costal Flooding</title>
    <link rel="alternate" type="text/html" href="http://www.thegreenthink.com/2007/12/150m_people_35t_at_risk_by_207.html" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.alwaysalmost.com/cgi-bin/mt/mt-atom.cgi/weblog/blog_id=2/entry_id=316" title="150M People, $35T at risk by 2070 due to Global Warming Costal Flooding" />
    <id>tag:www.thegreenthink.com,2007://2.316</id>
    
    <published>2007-12-05T12:17:14Z</published>
    <updated>2007-12-05T13:06:23Z</updated>
    
    <summary>global warming, an inconvenient truth, al gore, coastal flooding, miami, guangzhou, china, 35 trillion, 150 million</summary>
    <author>
        <name>Jonathan</name>
        
    </author>
    
        <category term="Global Warming" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thegreenthink.com/">
        <![CDATA[<p>While some are <a href="http://www.washingtonpost.com/wp-dyn/content/article/2007/10/11/AR2007101102134.html">still attacking Al Gore as a fear-monger</a> for <em><a href="http://www.climatecrisis.net/">An Inconvenient Truth's</a></em> supposed fantastic claims of dire global warming predictions&#8212;which naysayers unscientifically insist could happen <a href="http://www.telegraph.co.uk/earth/main.jhtml?xml=/earth/2007/10/11/scigore111.xml">"only after, and over, millennia"</a>&#8212;the <a href="http://www.oecd.org/document/34/0,3343,en_2649_201185_39727650_1_1_1_1,00.html">Organisation for Economic Cooperation and Development (OECD) has released a new report</a> with startling conclusions that go beyond Mr. Gore's own position on coastal flooding caused by global warming, specifically, that within this generation's time, 150 million people and over $35 trillion of assets will be at risk due to coastal flooding caused by global warming. The report lists the top ten cities which face the most risk to population and property:<br />
<ol><br />
	<li>Calcutta, India,</li><br />
<li>Mumbai (Bombay), India</li><br />
<li>Dhaka, Bangladesh</li><br />
<li>Guangzhou, China</li><br />
<li>Ho Chi Minh City, Vietnam</li><br />
<li>Shanghai, China</li><br />
<li>Bangkok, Thailand</li><br />
<li>Rangoon, Myanmar</li><br />
<li>Miami, Florida, USA</li><br />
<li>Hai Phong, Vietnam</li><br />
</ol></p>

<span class="mt-enclosure mt-enclosure-image"><a href="http://www.thegreenthink.com/quickpics/oedc01.html" onclick="window.open('http://www.thegreenthink.com/quickpics/oedc01.html','popup','width=770,height=437,scrollbars=no,resizable=no,toolbar=no,directories=no,location=no,menubar=no,status=no,left=0,top=0'); return false"><img src="http://www.thegreenthink.com/quickpics/oedc01-thumb-515x292.png" width="515" height="292" alt="OECD Coastal Flooding Chart 1" title="OECD Coastal Flooding Chart 1" class="mt-image-center" style="text-align: center; display: block; margin: 0 auto 0px;" /></a></span>

<p>Miami, Florida, is currently the most exposed U.S. city and will remain so through 2070, its exposed assets growing from $400 billion to over $3.5 trillion in that time. Mumbai has the highest number of people currently exposed to coastal flooding. But by 2070, Calcutta, India, will be the most vulnerable, with the exposed population expected to increase over seven times to more than 14 million people. </p>

<span class="mt-enclosure mt-enclosure-image"><a href="http://www.thegreenthink.com/quickpics/oedc02.html" onclick="window.open('http://www.thegreenthink.com/quickpics/oedc02.html','popup','width=788,height=499,scrollbars=no,resizable=no,toolbar=no,directories=no,location=no,menubar=no,status=no,left=0,top=0'); return false"><img src="http://www.thegreenthink.com/quickpics/oedc02-thumb-515x326.png" width="515" height="326" alt="OECD Coastal Flooding Chart 2" title="OECD Coastal Flooding Chart 2"class="mt-image-center" style="text-align: center; display: block; margin: 0 auto 0px;" /></a></span>

<p>The report notes that studies have shown that effective coastal defense plans can take upwards of 30 years to put into place urging that, "Adaptation move to the top of the policy agenda today if it is to make a difference tomorrow."</p>

<p>"Climate change is already happening, and concerted action is needed now to prevent its worst impacts," said OECD Secretary-General Angel Gurria. "A range of economic policy options is available and political commitment is needed to implement them."</p>

<p>The full OECD report can be downloaded <a href="http://www.oecd.org/dataoecd/16/58/39720578.pdf">here (English)</a>.</p>]]>
        
    </content>
</entry>

<entry>
    <title>Climate Flooding Underestimated</title>
    <link rel="alternate" type="text/html" href="http://www.thegreenthink.com/2007/08/climate_flooding_underestimate.html" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.alwaysalmost.com/cgi-bin/mt/mt-atom.cgi/weblog/blog_id=2/entry_id=233" title="Climate Flooding Underestimated" />
    <id>tag:www.thegreenthink.com,2007://2.233</id>
    
    <published>2007-08-30T02:22:47Z</published>
    <updated>2007-08-30T02:25:51Z</updated>
    
    <summary>Climate Flooding Underestimated, via the BBC...</summary>
    <author>
        <name>Jonathan</name>
        
    </author>
    
        <category term="News" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thegreenthink.com/">
        <![CDATA[<p><a href="http://news.bbc.co.uk/2/hi/science/nature/6969122.stm" target="_blank" alt="flooding due to climate change underestimated">Climate Flooding Underestimated</a>, via the <a href="http://news.bbc.co.uk">BBC</a></p>]]>
        
    </content>
</entry>

<entry>
    <title>Honda to Discontinue Hybrid Accords</title>
    <link rel="alternate" type="text/html" href="http://www.thegreenthink.com/2007/06/honda_to_discontinue_hybrid_ac.html" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.alwaysalmost.com/cgi-bin/mt/mt-atom.cgi/weblog/blog_id=2/entry_id=206" title="Honda to Discontinue Hybrid Accords" />
    <id>tag:www.thegreenthink.com,2007://2.206</id>
    
    <published>2007-06-05T15:38:51Z</published>
    <updated>2007-06-05T15:40:18Z</updated>
    
    <summary>Honda to Discontinue Hybrid Accords, via MSNBC.com...</summary>
    <author>
        <name>Jonathan</name>
        
    </author>
    
        <category term="News" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thegreenthink.com/">
        <![CDATA[<p><a href="http://www.msnbc.msn.com/id/19049079/">Honda to Discontinue Hybrid Accords</a>, via MSNBC.com</p>]]>
        
    </content>
</entry>

<entry>
    <title>Texas No. 1 ! Uh, No. 1 Polluter...</title>
    <link rel="alternate" type="text/html" href="http://www.thegreenthink.com/2007/06/texas_no_1_uh_no_1_polluter.html" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.alwaysalmost.com/cgi-bin/mt/mt-atom.cgi/weblog/blog_id=2/entry_id=205" title="Texas No. 1 ! Uh, No. 1 Polluter..." />
    <id>tag:www.thegreenthink.com,2007://2.205</id>
    
    <published>2007-06-04T11:58:26Z</published>
    <updated>2007-06-04T12:13:08Z</updated>
    
    <summary>&apos;Everything&apos;s bigger in Texas.&apos; It&apos;s not just a saying. For the energy industry in Texas, it&apos;s a way of life, or rather, a way of destructive &apos;life:&apos; From the latests numbers from the federal Energy Department on carbon emissions, Texas...</summary>
    <author>
        <name>Jonathan</name>
        
    </author>
    
        <category term="Global Warming" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thegreenthink.com/">
        <![CDATA[<p><strong><em>'Everything's bigger in Texas.'</em></strong></p>

<p>It's not just a saying. For the energy industry in Texas, it's a way of life, or rather, a way of destructive 'life:' From the <a href="http://www.eia.doe.gov/environment.html">latests numbers from the federal Energy Department on carbon emissions</a>, Texas leads the way in emitting toxic greenhouse gases, more than double the next two offenders on the list, California and Pennsylvania, whose combined populations double that of Texas.</p>

<p>"Some states are ... polluting the planet and make all the rest of us suffer the consequences of global warming," said Frank O'Donnell, director of the Washington environmental group Clean Air Watch. "I don't think that's fair at all."</p>

<p>Meanwhile, President Bush, not just a Texan, but the man who ran this state for several years before he became President, has unveiled what the White House calls 'a plan' for combating climate change. Apparently, the word 'plan' now includes threats of 'Well, if you aren't going to do anything, China, then I'm not either!'</p>

<p>Clearly, the President's own history on this subject, his own opinions and policy-making, helped Texas arrive at its unenviable position as the worst CO2 emitter in the U.S., the country which is currently the worst CO2 emitter on the planet. Things are not necessarily looking up either, as current Texas Governor Rick Perry questions whether climate change is actually caused by man and man-made emissions.</p>]]>
        
    </content>
</entry>

<entry>
    <title>This Just In: The Debate is Over--It&apos;s Time to Act</title>
    <link rel="alternate" type="text/html" href="http://www.thegreenthink.com/2007/04/this_just_in_the_debate_is_ove.html" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.alwaysalmost.com/cgi-bin/mt/mt-atom.cgi/weblog/blog_id=2/entry_id=201" title="This Just In: The Debate is Over--It's Time to Act" />
    <id>tag:www.thegreenthink.com,2007://2.201</id>
    
    <published>2007-04-30T13:53:27Z</published>
    <updated>2007-04-30T14:37:38Z</updated>
    
    <summary> A number of media outlets carried the so-called &apos;news&apos; on Friday of hurricane forecaster William Gray pronouncing rather decidedly that oceans, and not CO2, are to blame for global warming. The 77-year old, who has a history of railing...</summary>
    <author>
        <name>Jonathan</name>
        
    </author>
    
        <category term="Global Warming" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thegreenthink.com/">
        <![CDATA[<div align="center"><img src="http://www.transbuddha.com/images/uploads/nonelikeithot.jpg"></div>

<p>A number of media outlets carried the so-called 'news' on Friday of hurricane forecaster William Gray pronouncing rather decidedly <a href="http://www.foxnews.com/story/0,2933,269033,00.html">that oceans, and not CO2, are to blame for global warming</a>. The 77-year old, who has a history of railing against the science of global warming, had harsh words for those who study and accept global warming (meaning: the vast majority of scientists, government leaders, most people around the world, etc.).</p>

<p>Mr. Gray was not releasing new scientific data, nor  was he pointing to conclusive results from a study or proposing a scientific theory related to our undeniable climate change. What he was doing was ranting to a group of Republican lawmakers in Denver. Among the 'facts' supporting his personal claims which fly in the face of current scientific data and understanding:</p>

<p>1.  <em>Global warming is "mush" based on unreliable computer models</em>--Apparently he is not familiar with ice cores samples or the <u>material</u> evidence they provide.</p>

<p>2. <em>Warming and cooling trends cannot go on indefinitely; they are beginning to level out after a very warm year in 1998</em>--This would ignore, of course, that the hottest two years on record do not include 1998, but in fact are 2005 and 2006. And it also inanely implies that climate change scientists say that the temperature will never go back down.</p>

<p>3.  <em>Little-understood ocean currents are behind a decades-long warming cycle</em>--But <strong>he</strong> understands them, mind you, just, well, nobody else.</p>

<p>4.  <em>Increasing levels of carbon dioxide will not produce more or stronger hurricanes</em>--Even a child could call this one out--well, a child from New Orleans or Houston anyway.</p>

<p>"They're blaming it all on humans, which is crazy," concluded Gray. "We're not the cause of it."</p>

<p>Of course there remains some debate among the scientific community as to the workings of climate change, and there should remain room for reasonable scientific discourse. Gray's political diatribe and frustrated expression of his misfounded opinions does not meet the qualification of 'scientific debate.' Nor should it have passed the threshold of what is commonly called 'news.'</p>

<p>Gray has a right to think whatever he wants. And he has a right to spew to whomever he likes. But the press should be more cautious with distributing the rantings of a meteorologist as significant 'news' that there is question among scientists whether or not climate change is a serious problem.</p>]]>
        
    </content>
</entry>

<entry>
    <title>Global Warming a Threat to Texas Water Supply</title>
    <link rel="alternate" type="text/html" href="http://www.thegreenthink.com/2007/03/global_warming_a_threat_to_tex.html" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.alwaysalmost.com/cgi-bin/mt/mt-atom.cgi/weblog/blog_id=2/entry_id=189" title="Global Warming a Threat to Texas Water Supply" />
    <id>tag:www.thegreenthink.com,2007://2.189</id>
    
    <published>2007-03-27T12:21:01Z</published>
    <updated>2007-03-27T12:24:05Z</updated>
    
    <summary>Global Warming a Threat to Texas Water Supply, via Houston Chronicle...</summary>
    <author>
        <name>Jonathan</name>
        
    </author>
    
        <category term="News" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thegreenthink.com/">
        <![CDATA[<p><a href="http://www.chron.com/disp/story.mpl/metropolitan/4663504.html" target="blank">Global Warming a Threat to Texas Water Supply</a>, via <a href="http://www.chron.com" target="blank">Houston Chronicle</a></p>]]>
        
    </content>
</entry>

<entry>
    <title>Global Warming Spurs New Race for Northwest Passage</title>
    <link rel="alternate" type="text/html" href="http://www.thegreenthink.com/2007/03/global_warming_spurs_new_race.html" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.alwaysalmost.com/cgi-bin/mt/mt-atom.cgi/weblog/blog_id=2/entry_id=185" title="Global Warming Spurs New Race for Northwest Passage" />
    <id>tag:www.thegreenthink.com,2007://2.185</id>
    
    <published>2007-03-26T19:00:44Z</published>
    <updated>2007-03-26T19:02:49Z</updated>
    
    <summary>Global Warming Spurs New Race for Northwest Passage, via Fox News...</summary>
    <author>
        <name>Jonathan</name>
        
    </author>
    
        <category term="News" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thegreenthink.com/">
        <![CDATA[<p><a href="http://www.foxnews.com/story/0,2933,261240,00.html" target="_blank">Global Warming Spurs New Race for Northwest Passage</a>, via <a href="http://www.foxnews.com" target="_blank">Fox News</a></p>]]>
        
    </content>
</entry>

<entry>
    <title>Preserve Tableware</title>
    <link rel="alternate" type="text/html" href="http://www.thegreenthink.com/2007/03/preserve_tableware.html" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.alwaysalmost.com/cgi-bin/mt/mt-atom.cgi/weblog/blog_id=2/entry_id=183" title="Preserve Tableware" />
    <id>tag:www.thegreenthink.com,2007://2.183</id>
    
    <published>2007-03-24T01:35:52Z</published>
    <updated>2007-03-24T01:41:43Z</updated>
    
    <summary> Preserve products by Recycline Inc. These products are made from 100% recycled polypropylene plastic. This is in contrast to traditional plastic ware that is usually made from polystyrene and is not reusable. Preserve Tablewere are dishwasher washable and open...</summary>
    <author>
        <name>Jonathan</name>
        
    </author>
    
        <category term="Green Pop Culture" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thegreenthink.com/">
        <![CDATA[<p><a href="http://www.recycline.com/products/preservetbw.html"><img src="http://www.thegreenthink.com/quickpics/preserveprod.jpg" title="Preserve Tableware by Recycline" /></a><a href="http://www.recycline.com/products/preservetbw.html"> Preserve products by Recycline Inc.</a>  These products are made from 100% recycled polypropylene plastic. This is in contrast to traditional plastic ware that is usually made from polystyrene and is not reusable. Preserve Tablewere are dishwasher washable and open to being reused. Once their time has come, they can be recycled.</p>]]>
        
    </content>
</entry>

<entry>
    <title>China About To Pass U.S. As World&apos;s Top Generator of Greenhouse Gases</title>
    <link rel="alternate" type="text/html" href="http://www.thegreenthink.com/2007/03/china_about_to_pass_us_as_worl.html" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.alwaysalmost.com/cgi-bin/mt/mt-atom.cgi/weblog/blog_id=2/entry_id=176" title="China About To Pass U.S. As World's Top Generator of Greenhouse Gases" />
    <id>tag:www.thegreenthink.com,2007://2.176</id>
    
    <published>2007-03-05T17:26:19Z</published>
    <updated>2007-03-05T17:29:16Z</updated>
    
    <summary>China About To Pass U.S. As World&apos;s Top Generator of Greenhouse Gases, the San Francisco Chronicle...</summary>
    <author>
        <name>Jonathan</name>
        
    </author>
    
        <category term="Global Warming" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thegreenthink.com/">
        <![CDATA[<p><a href="http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2007/03/05/MNG18OFHF21.DTL" target="_blank">China About To Pass U.S. As World's Top Generator of Greenhouse Gases</a>, the <a href="http://www.sfgate.com/chronicle" target="_blank">San Francisco Chronicle</a></p>]]>
        
    </content>
</entry>

<entry>
    <title>Inuits Hope to Put a Face on Global Warming at Hearing</title>
    <link rel="alternate" type="text/html" href="http://www.thegreenthink.com/2007/03/inuits_hope_to_put_a_face_on_g.html" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.alwaysalmost.com/cgi-bin/mt/mt-atom.cgi/weblog/blog_id=2/entry_id=173" title="Inuits Hope to Put a Face on Global Warming at Hearing" />
    <id>tag:www.thegreenthink.com,2007://2.173</id>
    
    <published>2007-03-01T12:43:12Z</published>
    <updated>2007-03-01T12:50:01Z</updated>
    
    <summary>Inuits Hope to Put a Face on Global Warming at Hearing, via Houston Chronicle...</summary>
    <author>
        <name>Jonathan</name>
        
    </author>
    
        <category term="News" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thegreenthink.com/">
        <![CDATA[<p><a href="http://www.chron.com/disp/story.mpl/world/4591919.html" target="_blank">Inuits Hope to Put a Face on Global Warming at Hearing</a>, via <a href="www.chron.com" target="_blank">Houston Chronicle</a></p>]]>
        
    </content>
</entry>

<entry>
    <title>Poaching Threatens Elephant Survival</title>
    <link rel="alternate" type="text/html" href="http://www.thegreenthink.com/2007/02/poaching_threatens_elephant_su.html" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.alwaysalmost.com/cgi-bin/mt/mt-atom.cgi/weblog/blog_id=2/entry_id=171" title="Poaching Threatens Elephant Survival" />
    <id>tag:www.thegreenthink.com,2007://2.171</id>
    
    <published>2007-02-27T14:03:43Z</published>
    <updated>2007-02-27T14:06:18Z</updated>
    
    <summary>Poaching Threatens Elephant Survival, via MSNBC...</summary>
    <author>
        <name>Jonathan</name>
        
    </author>
    
        <category term="News" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thegreenthink.com/">
        <![CDATA[<p><a href="http://www.msnbc.msn.com/id/17353203/" target="_blank">Poaching Threatens Elephant Survival</a>, via <a href="http://www.MSNBC" target="_blank">MSNBC</a></p>]]>
        
    </content>
</entry>

<entry>
    <title> Antarctic Ice Melt Reveals Exotic Creatures</title>
    <link rel="alternate" type="text/html" href="http://www.thegreenthink.com/2007/02/_antarctic_ice_melt_reveals_ex.html" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.alwaysalmost.com/cgi-bin/mt/mt-atom.cgi/weblog/blog_id=2/entry_id=169" title=" Antarctic Ice Melt Reveals Exotic Creatures" />
    <id>tag:www.thegreenthink.com,2007://2.169</id>
    
    <published>2007-02-26T20:00:18Z</published>
    <updated>2007-02-26T20:03:00Z</updated>
    
    <summary> Antarctic Ice Melt Reveals Exotic Creatures, via CNN...</summary>
    <author>
        <name>Jonathan</name>
        
    </author>
    
        <category term="News" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thegreenthink.com/">
        <![CDATA[<p><a href="http://www.cnn.com/2007/TECH/science/02/25/antarctica.icecreatures.reut/index.html" target="_blank"> Antarctic Ice Melt Reveals Exotic Creatures</a>, via <a href="http://www.CNN.com">CNN</a></p>]]>
        
    </content>
</entry>

<entry>
    <title>5 Western Governors Agree To Cut Greenhouse Gases</title>
    <link rel="alternate" type="text/html" href="http://www.thegreenthink.com/2007/02/5_western_governors_agree_to_c.html" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.alwaysalmost.com/cgi-bin/mt/mt-atom.cgi/weblog/blog_id=2/entry_id=168" title="5 Western Governors Agree To Cut Greenhouse Gases" />
    <id>tag:www.thegreenthink.com,2007://2.168</id>
    
    <published>2007-02-26T15:57:50Z</published>
    <updated>2007-02-26T16:00:18Z</updated>
    
    <summary>5 Western Governors Agree To Cut Greenhouse Gases, via CBS2...</summary>
    <author>
        <name>Jonathan</name>
        
    </author>
    
        <category term="News" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thegreenthink.com/">
        <![CDATA[<p><a href="http://cbs2.com/topstories/topstories_story_057101317.html" target="_blank">5 Western Governors Agree To Cut Greenhouse Gases</a>, via <a href="http://www.CBS2.com" target="_blank">CBS2</a></p>]]>
        
    </content>
</entry>

<entry>
    <title>TXU Approves Sale to Private Firms; Deal Scraps New Coal Plants</title>
    <link rel="alternate" type="text/html" href="http://www.thegreenthink.com/2007/02/txu_approves_sale_to_private_f.html" />
    <link rel="service.edit" type="application/atom+xml" href="http://www.alwaysalmost.com/cgi-bin/mt/mt-atom.cgi/weblog/blog_id=2/entry_id=166" title="TXU Approves Sale to Private Firms; Deal Scraps New Coal Plants" />
    <id>tag:www.thegreenthink.com,2007://2.166</id>
    
    <published>2007-02-26T04:01:55Z</published>
    <updated>2007-05-22T01:27:55Z</updated>
    
    <summary>The Associated Press is reporting that the directors of TXU tentatively approved the sale of the corporation to two private equity firms, Kohlberg Kravis Roberts &amp; Co. and Texas Pacific Group. The two groups were offering $32 billion, as well...</summary>
    <author>
        <name>Jonathan</name>
        
    </author>
    
        <category term="Energy" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thegreenthink.com/">
        <![CDATA[<p>The Associated Press is reporting that the directors of <a href="http://www.dfw.com/mld/dfw/news/local/16781421.htm">TXU tentatively approved the sale of the corporation to two private equity firms, Kohlberg Kravis Roberts & Co. and Texas Pacific Group</a>. The two groups were offering $32 billion, as well as an assumption of TXU debt. Part of deal, which has not been finalized, includes abandoning most of TXU's misguided and controversial plans to create new coal plants throughout the state of Texas. The permit process for these 11 planned 'clean' coal plants had been greatly expedited by Texas Governor Rick Perry's executive order to 'fast-track' the process, until last week when <a href="http://www.thegreenthink.com/2007/02/a_temporary_win_for_clean_air.html">a state district judge ruled that Perry did not have constitutional authority to issue such an order</a>.  The private equity groups met with one of the organizations (Environmental Defense) that brought the lawsuit against Perry, in an effort come to an agreement on what would mitigate the vocal and widespread opposition that environmentalists and others have brought against TXU in regard to the new coal-fired plants. As a result of those talks, 8 of the 11 plants will be abandoned by KKR and TPG. This comes the same day as Al Gore's 'An Inconvenient Truth' won an Oscar for Best Documentary Feature. The film was a 'global warning' about the disastrous consequences of man-made CO2 gases in the earth's environment.</p>]]>
        
    </content>
</entry>

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