September 2008

Pickens Energy Plan Presented in New York

September 9, 2008 19:22
NEW YORK -- Texas oilman T. Boone Pickens presented his renewable and clean energy plan Tuesday, arguing that while he agrees with Al Gore that climate change is a problem, addressing climate change has to be second to achieving American independence from foreign oil. Speaking at the Wall Street Journal’s Viewpoints Executive Breakfast Series Tuesday with a gathering of elite investors, investment bankers and prominent New York business people, Pickens described his plan for massive investments...

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McCARTER & ENGLISH CLIMATE CHANGE AND RENEWABLE ENERGY PRACTICE GROUP

The business case for the development of renewable energy projects, from biodiesel and ethanol to wind, solar, and distributed generation, is more compelling than ever as tax and regulatory incentives combine to attract investments. Emerging issues in environmental law and increasingly recognized principles of corporate social responsibility are encouraging public companies to voluntarily reduce greenhouse gas emissions, install clean energy alternatives, and invest overseas in projects under the Kyoto Protocol to respond to climate change concerns.

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