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...ownership of approximately 15 to 17 acres of contaminated land—parcels with permanent restrictions on their usage that would likely preclude any future development or agriculture on the sites. The remaining 45 to 47 acres of uncontaminated land would be sold to the town at a reduced price...
...good start at Copenhagen, but we're still without a very clear goal, without clear carbon caps, without a price on carbon," says Mindy Lubber, president of Ceres, a national network of major institutional investors and public-interest groups. "The private sector is ready to rock and roll." (See pictures of the effects of global warming...
...votes to overcome a Republican filibuster. Already, conservative Democrats - especially from the coal-dependent states of the Midwest and South - have made noises about opposing a cap-and-trade bill or perhaps replacing it with a law that would include wider support for clean energy but without the price on carbon. That, however, might not be enough to kick-start scaled-up clean-energy investments. "Without a cap, you don't put a limit on the stuff that is doing us in," says Lubber. "This is only going to ramp up when there's a cap on carbon...
...investment arm, the State Capital Investment Corporation, owns 70% of Jetstar Pacific and Qantas owns 27%, until 2007 the airline was fully owned by the Vietnamese government. In other words, Nam, Freeman and Marsilli lost the state a lot of money after investing in fuel futures when oil prices were escalating in 2008, eventually peaking at $147 a barrel in July, before oil prices slumped to a low of just over $30 in December 2008. But Jetstar Pacific wasn't alone in its fuel-hedging bets; other regional airlines such as Cathay Pacific and Singapore airlines also reported losses from...
...Vietnam since authorities prevented them from flying home to their families for Christmas. Earlier in 2009, Vietnam launched an investigation of the high-level executives after the airline, a Vietnamese and Australian partnership, reported a $31 million loss from bad bets on fuel futures, agreements on the future price of oil that committed Jetstar Pacific to paying above market rates for their jet fuel after oil prices dropped. (See pictures from the China-Vietnam border...