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The two private equity firms orchestrating a leveraged buy-out of Texas energy company TXU have garnered support from environmentalists after axing eight of 11 coal plants from the company’s drawing boards. Are financial firms the newest players in the fi
Host Steve Curwood speaks with environmental economist Billy Pizer, a senior fellow with Resources for the Future, to discuss the investment value of TXU, and what the TXU buyout could mean for the future of coal production and greenhouse gas emissions reductions around the country.