TXU Changing Lanes?
I was listening to NPR this morning, and heard that Texas-based TXU is selling out in what is basically a 180-degree turn. Going from fast-tracking those 11 new coal plants, which outraged the environmental camps, to a sale to private investors who are more environmentally conscience, is a huge turn of events.
While this is not a sure thing, it is a sign that awareness is rising when a Texas utility company is reducing their carbon impact. If the sale goes through as planned, TXU will double their investment in green energy, like wind farms.
This is a great thing if it goes through, but if it doesn’t, it might be a major setback for the earth-friendly.
Hopefully it’ll go through.
We’re on a roll people - let’s keep it going.
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