Environmental Law

In Other News (May 13)

By Dennis Pfaff and Kevin Livingston, Editors

• Kennecott Utah Copper and Kennecott Land Co. have donated $210,000 to help The Nature Conservancy establish a research center as part of the group's cliimate change efforts, according to the Salt Lake Tribune.
• The global credit crunch actually could help in the effort to contain the climate crisis, as investors look for sure returns, or so reports Reuters in a story carried by the UK's Guardian newspaper.
• Democratic presidential candidates Sens. Hillary Clinton and Barack Obama, talk up "clean coal" while campaigning in West Virginia, according to Reuters.  
• German technology group Schott plans to float its solar business unit Schott Solar, German business daily Financial Times Deutschland reported. Deutsche Bank , JPMorgan and Commerzbank will manage the initial public offering, the paper said in an article to be published on Wednesday, citing financial sources.
• Indy-based VC plans to invest $100 million in green tech. Scott Prince and Rick Kieser have formed a new Indianapolis-based venture capital fund. The former Silicon Valley sales executive and Cincinnati investment manager plan to raise $100 million through their Clean Wave Ventures firm for companies developing alternative energies and sustainable technologies, reports IBJ.com
  

Full post as published by Climate Law Update on May 13, 2008 (boomark / email).