Environmental Capital provides daily news and analysis of the business of the environment. It tracks how growing green concern, particularly over climate change, is roiling established industries and spurring new ones – and how that shift is affecting investors, consumers and the planet.

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Green Ink: Waiting for Gustav

Posted on August 28, 2008

Crude futures shot up on worries about Gustavs impact on Gulf of Mexico oil and gas installations, Bloomberg reports. But even if it hits, many in the industry are more confident this time around: The oil industry, at least, learned some lessons from Katrina, which could moderate any price spikes, in the WSJ (sub reqd.). China and Iraq dusted off a Saddam-era, $3 billion oil contract which will give Chinese companies a little bit more oil, in the WSJ (sub reqd.). China is also ditching most of its coal-to-liquids projects, Reuters reports. But thats not for environmental reasonsChinas already ...

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carbon , carbon footprint , clean up , economic , emissions , investment , legislation , oil prices , policies , renewable , solar