Economy & Business

Administration Seen Retreating on Environment in Talks on Pacific Trade

"WASHINGTON — The Obama administration is retreating from previous demands of strong international environmental protections in order to reach agreement on a sweeping Pacific trade deal that is a pillar of President Obama’s strategic shift to Asia, according to documents obtained by WikiLeaks, environmentalists and people close to the contentious trade talks."

Source: NY Times, 01/15/2014

"Under Investor Pressure, Utility to Study Emissions"

"FirstEnergy, one of the country’s largest electric companies, has agreed to work toward reducing its carbon emissions in response to pressure from shareholders including New York State and Connecticut pension funds, New York Comptroller Thomas P. DiNapoli said on Tuesday."

Source: NY Times, 01/15/2014

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