Disasters

ProPublica Team Dug Deeply and Quickly into BP and Its Gulf Oil Mess

Inside Story

By BILL DAWSON

Abrahm Lustgarten is a reporter for New York-based ProPublica, which describes itself as "an independent, non-profit newsroom that produces investigative journalism in the public interest." He has reported for ProPublica on the boom in natural gas drilling in several parts of the U.S. and on issues related to the BP oil spill in the Gulf of Mexico.

"Utilities, Investors Face Risks From Growing Water Scarcity"

Will the undervaluing of environmental risks and resources lead to another financial meltdown like the sub-prime mortgage disaster? A new report says credit rating agencies are ignoring water scarcity risks when rating municipal utility bonds. Investors stand to lose hundreds of billions.

Source: McClatchy, 10/21/2010

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