Climate Big Winner in TXU Takeover

onFeb 26, 2007 @ 07:37 PST

Texas’ largest electric utility last night tentatively approved a record $45 billion takeover bid by two private equity firms in a deal hailed by environmentalists as a major turning point in the battle against global warming. The prospective owners of the TXU Corp. have told environmental groups that they would cancel eight of 11 coal plants proposed by the company and also back national legislation for mandatory reduction in carbon dioxide emissions.

By Ross Gelbspan

Somalia’s Parliament and Public Are Questioning the President’s Shadowy Oil Deal With Turkey

ByOscar Rothstein

on Nov 10, 2026 @ 20:00 MST

Some MPs say the arrangement — which gives Turkish Petroleum 95% of revenues on estimated 20 billion barrels of oil — is "illegitimate".

UN Fails to Disclose Company Names on Biodiversity Summit Delegates List

ByRachel Sherrington, Clare Carlile and Brigitte Wear

on Nov 10, 2026 @ 09:39 MST

Hundreds of representatives from the world’s most powerful industry bodies representing sectors that harm, or exploit, the natural world were present on the ground at the October nature summit in ...

Series: Big Ag's Climate Push

French Oil Giant Backs Dozens of Lobby Groups Fighting New Methane Rules Around the World

ByCécile Marchand and TJ Jordan

on Nov 10, 2026 @ 04:07 MST

TotalEnergies has won plaudits for voluntary steps to tackle the planet-heating gas. So why does it fund moves to delay, dilute or dismantle regulation?