User: flenvcenter Topic: Economics and Jobs-Regional
Category: Sustainable Business :: Socially-Responsible Investing
Last updated: Jul 23 2016 24:18 IST RSS 2.0
 
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Utah court ruling kills environmentalists' appeal, OKs Green River nuclear plant 23.7.2016 Salt Lake Tribune
A court ruling, unless appealed, has removed the final state hurdle for a Utah company planning to build a nuclear power plant near Green River, putting the fate of the $20 billion project in the hands of federal regulators. The Utah Court of Appeals affirmed Thursday an earlier court ruling allowing Blue Castle Holdings’ plan for a nuclear site in Emery County to continue. The unanimous opinion affirms the 7th District Court’s 2013 ruling that the company’s bid would not overly tax the river by...
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Utah Court of Appeals to allow nuclear power plant on Green River 22.7.2016 Salt Lake Tribune
The Green River may soon be the home of a nuclear power plant following a court ruling upholding a Utah energy company’s proposal. The Utah Court of Appeals affirmed Thursday an earlier court ruling allowing Blue Castle Holdings’ plan for a nuclear site in Emery County to continue. The unanimous opinion affirms the 7th District Court’s 2013 ruling that the company’s bid would not overly tax the river by diverting water to cool a pair of nuclear reactors. The decision nullifies an appeal from th... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
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How Utah coal interests helped push a secret plan to export coal from California 21.7.2016 High Country News Most Recent
Companies and investors are trying to survive a collapsing U.S. coal market.
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On Philanthropy: Six years, six important lessons about philanthropy 10.7.2016 Denver Post: Business
Six key lessons on philanthropy from columnist Bruce DeBowskey
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Coal port money, payday lending rules among new Utah laws 2.7.2016 Salt Lake Tribune
New laws taking effect in Utah on Friday include added restrictions on payday lenders and a path for Utah to invest more than $50 million in an Oakland coal shipping port, despite leaders of the California city voting this week to ban coal, citing environmental concerns. About 20 laws are taking effect Friday, many involving budget matters that correlate with the July 1 start of the new budget year. Most of the law passed this year already took effect May 10, a default date marking 60 days from ... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
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University of Utah trustees reject call to ditch investments in fossil fuels 1.7.2016 Salt Lake Tribune
The University of Utah will continue to invest in fossil fuel equities, the school’s Board of Trustees announced Thursday, despite recommendations by faculty members to divest shares in response to environmental pollution and climate change. In May, the University of Utah Academic Senate narrowly approved a resolution calling for the school to rid its investment portfolios of fossil fuels. But a statement from the Board of Trustees and university President David Pershing dismissed that recomme... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
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Japanese investor buys one of high country’s largest apartment complexes in Leadville 30.6.2016 Denver Post: Local
When Scott Bradley bought the 162-unit Eagles Nest Apartment complex in 2007, people raised their eyebrows: $3 million for a nearly 50-year-old complex in up-and-down Leadville that had seen little investment over the decades? The veteran developer just sold Eagles Nest, one of the largest apartment complexes in the Colorado high country, for $13.5 million […]
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NFL: Packers report another year of record revenue 25.6.2016 Salt Lake Tribune
The Green Bay Packers have reported another year of record revenue. Total revenue rose 8 percent in the past year to nearly $409 million in 2016. It’s the 13th straight year with a new high for one of the NFL’s marquee teams. Revenue from national sources rose 6 percent to more than $222 million. It was outpaced by the nearly 11 percent growth in local revenue to $186 million. Overall, the Packers are ninth in the league again in total revenue. Even an atypical season without a home playoff game...
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Oakland proposes ban on coal handling -- potentially derailing Utah port investment 25.6.2016 Salt Lake Tribune
Citing potential impacts of coal dust on public health and safety, Oakland city staffers are recommending that elected leaders of this Bay Area city ban coal storage, effectively derailing Utah’s hopes of moving its coal through an export terminal proposed for a deep-water port under development on city-owned property. The Oakland City Council is holding a special meeting Monday evening to discuss a 200-page report prepared by an outside consultant and consider a proposed ordinance prohibiting t...
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GM invests $290 million in Ohio Corvette plant 24.6.2016 Salt Lake Tribune
Bowling Green, Ky. • Kentucky officials say General Motors Corp. plans to invest $290 million at the automaker’s Corvette plant in Bowling Green. The company’s North American manufacturing manager, Arvin Jones, said Friday the investment includes technology upgrades to improve the Kentucky plant’s manufacturing process. The investment announcement was made by Gov. Matt Bevin’s office in Frankfort. Bevin’s office says the investment includes a $153 million project aimed at improving vehicle assem... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
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On Philanthropy: New IRS regulations encourage use of program-related investments 12.6.2016 Denver Post: Business
Each year, more than 87,000 U.S. foundations make grants to help improve their communities, their nation and their world. With more than $800 billion of foundation assets, these annual grants total more than $56 billion — doing a lot of good. Each year, however, nearly $750 billion remains in endowments — where it usually is invested […]
Harnessing the sun 29.5.2016 Steamboat Pilot
From a hillside along Moffat County Road 177 in Craig, it is clear who the big energy player is in the region. In 2015, 2.1 million tons of coal were recovered from the Trapper Mine, where a dragline could be seen removing dirt from the underlying coal seam. At the $1.2 billion Craig Station power plant, sitting on 1,120 acres, the capacity exists to produce 1,303 megawatts of power at any time. That is enough to power more than 200,000 homes. The two operations dwarf what lies between them at the community solar garden — a 577-kilowatt system that sits on four acres. Given how much land the solar garden uses, it would need to be 9,033 acres to produce as much power as the neighboring power plant. “That hillside is only going to produce so much (coal),” Yampa Valley Electric Association foreman John Cromer said while walking through the solar garden. “We have a lot to gain by being a part of a facility like this.” It is evident that some residents do not like the idea of green energy being produced in ...
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Denver gets 3rd place biz-innovation honor -- and criticism 11.5.2016 Headlines: All Headlines
Innovation That Matters, a report by the U.S. Chamber of Commerce and others, puts Denver in the top 3 cities for innovation.
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On Philanthropy: Plan well to avoid random acts of giving 8.5.2016 Denver Post: Business
Well-off individuals and families recognize the need to plan for their future security and their legacies — and often go to great lengths to do ...
Foreign investors in Vermont project at wit's end 6.5.2016 Salt Lake Tribune
Montpelier, Vt. • Foreigners who had been banking on their investments in a biomedical research facility and a hotel and rental cottage project in Vermont to get green cards are scrambling to find a backup now that the project’s developers are accused of misusing hundreds of millions of dollars in what investigators called a “massive eight-year fraud scheme.” Wei Wang and his wife, who are from Beijing and living in Houston after graduate school, had hoped their investment of more than a half-mi... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
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Foreign investors in fizzled development at wit's end 5.5.2016 Durango Herald
Foreigners who had been banking on their investments in a biomedical research facility in northern Vermont to get green cards are scrambling to find a backup
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Germany investing $1B to subsidize electric cars 27.4.2016 Salt Lake Tribune
Berlin • Germany’s auto industry risks being overtaken by foreign competitors unless it receives greater domestic support, the country’s economy minister said Wednesday, announcing a $1.13 billion plan to subsidize electric cars that are seen as the technology of the future. Electric vehicles have had a sluggish start in Germany, the country where the combustion engine-powered automobile was born. A government plan to get 1 million e-cars on the streets by 2020 is far behind schedule, with just ...
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Due diligence still needed for ESG investments 24.4.2016 Headlines: All Headlines
It's easier than ever to invest with the goal of helping the environment or society. But easy doesn't mean simple.
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Want sustainable investments? Now what? 22.4.2016 Salt Lake Tribune
New York • It’s easier than ever to invest with the goal of helping the environment or society. But easy doesn’t mean simple. The investment industry is unveiling ever-more options that steer money toward companies that are leaders in cutting pollution, pushing for better labor conditions or protecting shareholders’ interests. The mainstreaming of this environmental, social and governance approach, or ESG, is great for investors who want their money to do good and do well, but it also creates an... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
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Rep. Mia Love's first bill to pass the House focuses on small banks 16.4.2016 Salt Lake Tribune
For the first time, the House passed a bill sponsored by Rep. Mia Love, R-Utah. It would allow community banks and their owners to grow larger without triggering increased federal regulation. Love, a freshman member of the Financial Services Committee, said expanding the asset threshold from $1 billion to $5 billion would make it easier for community banks that are growing to lend more money. “These small banking institutions are critical to the people and the local communities in which they res...
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