Energy, Mining & Utilities
Evo Morales, an Aymara Indian who grew up in childhood poverty, has won the Bolivian presidential elections. He is part of a wave of leftists taking power in Latin America and challenging multinational corporations.
A call by members of Canada's parliament for legally binding measures to govern the behaviour of Canadian mining companies around the world, and specifically to investigate the activities of a Calgary-based operation in the Philippines, has been turned down flat by the Canadian government's foreign affairs minister Pierre Pettigrew.
The Ford Motor Company is misleading the public and the government about several of its vehicles that claim to operate on ethanol, according to letters sent to the National Highway Traffic Safety Administration (NHTSA) and the Federal Trade Commission (FTC) by the watchdog group Public Citizen.
The Environmental Protection Agency will relax air pollution rules to make it easier for utilities to upgrade and expand their coal-burning power plants, Bush administration sources said yesterday.
Ever careful of its public image, BP has been careful not to invoke its name in regard to the massive ongoing oil spill in the Gulf of Mexico. "We refer to it as Gulf of Mexico response," said Andrew Gowers, the company's spokesman. The name of a disaster can be critical, both as a historic matter and the more immediate matters of image, public relations and legal liability.
This week, with a vote possible in the Senate on an energy plan, car companies retreated from their longstanding argument that any legislation to increase fuel economy standards would rob them of profits, force them to lay off workers and deprive consumers of the vehicles they wanted to buy. They are now lobbying for a modest increase in mileage standards, a position already adopted by Toyota, in the hopes of silencing calls for even tougher targets.