Weekly News Bulletin: Jan. 22-28, 2004

 

Grand Jury Seeks Information On Louisiana Landfill

A federal grand jury has issued a subpoena for information on a controversial Livingston Parish landfill's expansion permit, after the Louisiana Department of Environmental Quality permitted the expansion. The expansion will allow the 100-acre Woodside Landfill, which accepts industrial and municipal waste, to expand by another 140 acres. Opponents to the expansion had previously said they would appeal the permit to the state district court, on the grounds that groundwater issues were not properly considered...Read More »

 

 

Georgia EPD Protests Legislature's Use Of Solid Waste Funds

For years, Georgia counties and residents have paid fees to the Georgia Environmental Protection Division for waste dumped in landfills and tires disposed of properly. The fees and environmental fines generate an average of $12.6 million annually; scrap tire fees add another $6 million. But all of that money goes into the state's general treasury, and EPD officials must ask the legislature to place the money back in trust funds. Now, EPD and county officials are protesting that the legislature holds on to the money when times are tight, and would like to see changes made to ensure that the money designated for environmental matters is used in an appropriate fashion...Read More »

 

 

EMS Signs Agreement To Acquire GSI Environment

Environmental Management Solutions Inc. (TSX: EMS) has signed a Letter of Intent to acquire GSI Environment Inc. EMS will pay $12 million CDN, of which $2 million will be through the issuance of EMS common shares, and $10 million will be cash. GSI provides a variety of waste management and treatment services. EMS is a growing environmental company providing consulting, compliance, and waste management services...Read More »

 

 

EPA Could File New Suits Against Electric Utilities

The federal Environmental Protection Agency has said it is likely to file new lawsuits against coal-burning electric utilities that violate air pollution rules. In August, the EPA had proposed easing federal rules to make it easier for utilities to upgrade their facilities while keeping them in compliance with the Clean Air Act. But in December, a federal court temporarily barred the agency from enacting the law because several Northeast states filed suit. The EPA and the Justice Department are still working cases filed by the Clinton administration in 1999 against eight utilities over prior violations of the Clean Air Act...Read More »

 

 

Teledyne Wins Army Cleanup Contract

Teledyne Brown Engineering, Inc. has won a $13.7 million contract from the U.S. Army to continue its operation of the U.S Army Non Stockpile Chemical Materiel Program's Rapid Response System, a mobile, on-site system used to destroy hazardous chemicals. The contract has a potential value of $20 million if all options are exercised. The RRS will be used to destroy Chemical Agent Identification Sets in Pine Bluff, Ark. CAIS were developed by the Army 70 years ago to train soldiers in chemical warfare agent identification. The Army is now destroying these obsolete training sets at various locations across the United States...Read More »

 

 

Perma-Fix Wins Home Improvement Cleanup Contract

Perma-Fix Environmental Services, Inc.'s (Nasdaq: PESI) Industrial Services Segment has received a one-year contract worth approximately $4 million, from a leading North-American home-improvement retail chain, for the collection, treatment and disposal of outdated, damaged and returned consumer products for the Eastern United States. Perma-Fix officials noted that the contract represents a step forward in the company's strategic movement away from broker disposal services to more regional operations...Read More »

 

 

Citibank Announces New Environmentally Friendly Financing Policy

Citigroup Inc. (NYSE: C) has announced plans for a new "environmentally friendly" approach to financing projects, particularly in developing-world nations. The company's policy change follows years of criticism from the Rainforest Action Network. Under its new guidelines, Citigroup will not finance projects "located within critical natural habitats" unless borrowers can show they "will not significantly degrade or convert the critical natural habitat."...Read More »

 

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