Today's Climate: November 1-2, 2008

 

Californians: Vote NO on Propositions 7 & 10 (Sustainable Business)

Propositions 7 and 10, the so-called renewable energy measures on California's November ballot, would harm the state's efforts to create a clean energy economy and slow the fight against global warming, the nation's top green groups have warned.

Judge Halts New York Plan to Turn Yellow Cabs Green (Reuters)

New York City's plan to turn its entire fleet of yellow cabs green by 2012 has been halted by a federal judge who ruled that regulation of fuel emissions standards falls under federal, not city, authority.

VeraSun Seeks Bankruptcy Protection (Wall Street Journal)

VeraSun Energy Corp., one of the nation's largest ethanol producers, has announced that it's filing for Chapter 11 bankruptcy protection.

EU Nations Agree to Push Back CO2 Auto Limits to 2015 (AFP)

EU member states are ready to grant automakers a three-year delay until 2015 to reduce the CO2 emissions of their new vehicles, in light of the global economic crisis, negotiators have said.

Talks Between Chrysler And Renault-Nissan End (Wall Street Journal)

Cerberus Capital Management LP, the private equity fund that owns an 80% stake in Chrysler, has ended its merger talks with Nissan Motor Co. and Renault SA in favor of concentrating on GM.

Xcel to Add Wind Farms and Ramp Up Renewables by 2011 (Minneapolis Star Tribune)

Xcel Energy has announced plans to develop 351 MW of new wind production by the end of 2011, enough to power about 110,000 homes, and to increase the utility's wind resources more than 10 percent.

Bureau Proposes Opening Up Utah Wilderness to Drilling (Washington Post)

The federal Bureau of Land Management is reviving plans to sell oil and gas leases in pristine wilderness areas in eastern Utah that have long been protected from development, according to a notice posted last week on the agency's Web site.


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