Word: conservationism
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Does John Sununu aim to replace Energy Secretary James Watkins with an ideological soul mate? Watkins has pursued an independent policy of conservation and regulation that has irritated the White House chief of staff. If Watkins is forced to quit, which some insiders expect this summer, deputy assistant secretary Victor...
Lately, however, a handful of utilities has begun to try a new role: as protectors, not despoilers, of the earth's resources. Last week the environmental spotlight was on California, where two big Los Angeles power companies -- Southern California Edison and the Los Angeles Department of Water and Power -- unveiled...
But these were hardly the first power companies to go green. In January the largest U.S. utility, San Francisco-based Pacific Gas and Electric, announced a $2 billion plan by which it hopes to save 2,500 MW of electricity during the next decade -- equivalent to the output of several...
How can firms stay in business if they encourage customers to buy less? The answer is innovative programs adopted by a growing number of state regulators. Traditionally, the only way a power company increased profits was by selling more power. Under the new rules, utilities can make as much money...
Disney's image has also suffered from several unpleasant illegalities. Last year it was fined $550,000 by the Environmental Protection Agency for sewage violations and for improperly storing toxic waste on its property. The company made headlines in 1989 when -- in an effort to stop vultures from pecking out...