A new target

Proposed coal company merger will draw green opposition

Posted by David Roberts at 11:46 AM on 26 Mar 2007

Read more about: energy | coal | business

This is from a press release that just crossed the transom:

The expected March 29, 2007 merger of Dynegy and LS Power will create a combined company with the most pending dirty coal-fired power plants in the United States. This plan contrasts sharply with the recent TXU decision to back away from such heavily polluting plants and also heightens concerns about growing risks to shareholders, according to a major new report prepared for the National Environmental Trust (NET) by Innovest Strategic Value Advisors, a leading investment research firm.

If this merger goes through, it will create a company that will become a target for every green-minded campaigner in the nation. Would you want to invest in a company like that?

(Expect more news about this in coming days.)

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Scene 50 Years From Now...

Dateline: March, 2057.

Press your left temple and turn on the retina chip inside your skull...the broadcast begins:

It's Mona Morningtown reporting from CNN's Quantum Computation Center.
The 2007 Green Revolution -- A Toxic Legacy.
Good evening...50 years ago today a pundit named "Al Gore" frightened America with a scare flick called "An Inconvenient Truth"...because of his apocolyptic vision, America turned sharply left and elected radical leaders who embarked on an intense program of alternative energy solutions -- or so they thought.
Tonight I'm standing in front of an abandoned "wind farm" -- its generators are leaking toxic chemicals...the structures often crack and fall down on children playing nearby and one of the rotors blew off, shearing the tops of a church nearby and decapitating the worshippers.
Yes, little did they know that only a few years after wasting trillions of taxpayer money, that Russia would invent the first sustainable fusion reactor, and Japan the first sonofusion engine, providing cheap and bountiless energy for the centuries to come.
The Democratic administration of 2008 almost bankrupted America and drew funds from fuel cell and fusion research into retrograde technologies like biofuels. America fell years behind its competitors and has only now regained parity.

by jabailo at 1:56 PM on 26 Mar 2007

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