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November 20, 2008

 

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                  EPA oil spill prevention, control, and countermeasure rule gains new amendments New
amendments to the SPCC rule will clarify regulatory requirements, tailor requirements to particular
industry sectors, and streamline certain requirements for facility owners or operators subject to the
rule.  With these changes, EPA expects to encourage greater compliance with the SPCC regulations,
thus resulting in increased protection of human health and the environment.
Information about the
SPCC Rule can be found at: http://www.epa.gov/oilspill11/20/08 

PA, NJ. among least competitive states, think tank says Pennsylvania and New Jersey are
among the least competitive states in the country when it comes to attracting and keeping businesses, according to a report released Wednesday. The eighth annual competitiveness report from the Beacon
Hill Institute, a free-market think tank based at Suffolk University in Boston, ranked Pennsylvania 39th
out of the 50 U.S. states and New Jersey 42nd. Delaware was ranked 19th. Massachusetts came in
at the top of the list, while Mississippi was 50th. Researchers preparing the study looked at areas
such as security, government and fiscal policy, environmental policy, human resources, technology
and “business incubation.” Pennsylvania ranked near the middle or bottom in most areas, but fared
well in the technology category, which included such factors as academic research and development,
and National Institutes of Health support. New Jersey’s strengths, according to the report, included
percentage of high tech jobs, venture capital foreign investment. It ranked last in carbon emissions
per 1,000 square miles and state and local taxes, and near the bottom in housing costs and electricity
prices. Delaware ranked first in business incubation and bank deposits per capita, and near the top
in scientists and engineers as a percentage of the labor force. It got low grades for carbon emissions
per 1,000 square miles (46th) and air quality index (49th). A separate report says the region's states
are among the best at transitioning to the New Economy Philadelphia Business Journal 11/20/08
 

Converted Organics announces tactical relationship with Action Carting of Newark, NJ Converted Organics Inc. today announced today that the company and leading waste management
firm Action Carting of Newark, N.J. have agreed to work together in the collection, processing and conversion of food waste from Action Carting's food service clients. "Action Carting of Newark, N.J.
is a leader in the food waste collection industry in New York City. Our clients want to do what is right by the environment, but it has to be cost-effective. Our relationship with Converted Organics is a great step in that direction. Their disposal facility in Woodbridge, N.J. is very well located and offers services beneficial to Action and our customers," said John Glauda of Action Carting. "We are focused on food waste recycling and the Converted Organics' facility will help us grow our customer base and improve service to existing clients. Given the price of fuel, the Metro New York City location, which allows us to better utilize our trucks, and a competitive tip fee, we are very happy with this long-term relationship with Converted Organics." Action Carting is the fastest growing, most innovative provider of non-hazardous waste management services for the city of New York, catering to a diverse range of industrial and commercial customers, including restaurants, medical facilities, building contractors, investment banks and most every other business in the city. From collection and recycling, to composting and disposal, Action Carting provides a comprehensive selection of environmentally responsible service offerings. Converted Organics, based in Boston, is dedicated to producing valuable all-natural, organic soil amendment or fertilizer products through food waste recycling. The company uses proven, state-of-the-art technologies to create a product that helps grow healthier food and improve environmental quality. Converted Organics plans to sell and distribute its environmentally-friendly fertilizer products in the retail, turf management, and agribusiness markets. 11/20/08

2009 Rutgers Environmental Steward Program Are you concerned about the environment? Would you like to improve the environment in your community but can't find a meaningful way to do that? Consider joining the Rutgers Cooperative Research & Extension's Environmental Steward training. This training is currently being offered in Atlantic, Essex, Somerset and Burlington counties, from January to June in 2009. The curriculum of the Environmental Steward Training is designed to introduce non-scientists to the science underlying key environmental issues in the Garden State. Leading authorities from academia are joined by colleagues from government and the non-profit sector to share understanding and insights with the students. The Environmental Steward Training is based on the existing model of the award-winning Master Gardener Program. Similarly to the Master Gardener Program, students must pledge to intern for 60 hours of volunteer service following the completion of the lecture portion of the course. Upon completion of the training and internship, certificates will be awarded to the students designating them Certified Rutgers Environmental Stewards. Recruitment has begun for the Rutgers Environmental Steward Class of 2009. To learn
how you can become a Rutgers Environmental Steward contact the appropriate coordinator for your region.
Essex/Metro: Training Location: Essex County Environmental Center, Roseland, NJ Normal Class Time: Thursdays, January to May, 2008; 10:30 to 2:00 pm. Cost: $250 Contact: Jan Zientek, Zientek@rce.rutgers.edu , Program Coordinator, Rutgers Cooperative Extension of Essex County,
621-A Eagle Rock Ave., Roseland, NJ 07068, (973) 228-2210 Central/Duke: Training Location: Duke Farms, Hillsborough, NJ Normal Class Time: Tuesdays, January to May, 2008; 9:30 am to 12:30 pm. Cost: $325 Contact: Rosalie Kelly, rkelly@ddcf.org , Duke Farms Foundation, 80 Route 206, Hillsborough, New Jersey 08844 (908) 243-3606. Delaware Region: Training Location: Rutgers EcoComplex, Columbus, NJ Normal Class Time: Fridays, January to May, 2008; 9:30 am to 12:30pm. Cost: $250 Contact: Laurie Magee, lmagee@aesop.rutgers.edu , Rutgers EcoComplex, 1200 Florence-Columbus Rd., Bordentown, New Jersey 08505-4200, (609) 499-3600 ext 221. Coastal Region: Training Location: Atlantic County Utility Authority, 6700 Delilah Road , Egg Harbor Twp NJ Normal Class Time: Wednesdays, 9:30 am to 12:30 pm. Cost: $250 Contact: Amy Menzel,  amenzel@acua.com , PO Box 996 Pleasantville, NJ 08232, 609.272.6950 ext 6934. More information including application forms and the current schedule for lectures can be found on here. 11/20/08

Aluminum Association announces new leadership The Aluminum Association continues its
75th year celebration by announcing new leadership changes within its Associate Member Committee.  The Association has announced new Associate Member Committee Chairman, David Pownall and
Vice Chairman, Jeff Lawrence. Pownall is Sales Director of J. McIntyre Machinery Limited based in Nottingham, United Kingdom.  The international company specializes in manufacturing TARDIS Dross Press and Cooling System for the processing of hot aluminum dross. Lawrence is the North America Sales Manager for Houghton International Inc., based in Valley Forge, Pennsylvania.  The company specializes
in the production of superbly engineered lubricants for the metalworking and primary
metals industries.
Associate Membership plays a vital role in The Aluminum Association.  Associate Members include any organization or entity that is a supplier of goods or services to the North American aluminum industry. The Aluminum Association, based in Arlington, Virginia, works globally to aggressively promote aluminum as the most sustainable and recyclable automotive, packaging and construction material in today’s market. The Association represents U.S. and foreign-based primary producers of aluminum, aluminum recyclers and producers of fabricated products, as well as industry suppliers. Member companies operate more than 200 plants in the United States, with many conducting business worldwide. 11/20/08  

Aluminum industry sets new 75% recycling goal The Aluminum Association today announced an industry wide effort to increase the industry’s recycling rate for used aluminum beverage containers
to 75% by 2015.  Today, the aluminum industry recovers approximately 54% of the aluminum containers produced in the U.S.  While aluminum cans are already the most widely recycled beverage container in the country, each year Americans still discard over 50 billion aluminum cans which end
up in landfills. The association notes that every can that is recovered is turned back into a new beverage can, saving energy, reducing greenhouse gas emissions and decreasing the use of
natural resources. According to the association, rising the recycling rate of aluminum cans to 75% would: result in an energy savings of 139.7 million MBTUs in avoided energy, and result in the avoidance of nearly 9 million tons of greenhouse gases, which is equivalent to removing more than
1.6 million cars from the road over a year 11/20/2008

Conservation Resources announces small grant awards for NJ conservation projects Conservation Resources Inc. (CRI) announced its third annual Franklin Parker Small Grants awards to non-profit conservation organizations, with 2008 grant awards totaling $85,000. "This grant program continues to illustrate how relatively small amounts of money can make a big difference for conservation." said Michael Catania, President of Conservation Resources Inc., headquartered in Chester, NJ.
CRI’s Small Grants program provides seed money to non-profits for the initiation of land preservation projects, to help cover certain costs which are not otherwise reimbursed by other existing grant programs, and to provide matching funds to support non-profit land stewardship and ecological restoration projects. Funding for these small grants has been provided to CRI by the William Penn Foundation, the Geraldine R. Dodge Foundation, the Victoria Foundation, the Tiffany & Co. Foundation, the Mary Reinhart Stackhouse Foundation, as well as by individual donors. The 28 different projects funded in the 2008 Franklin Parker Small Grants Program include 7 land preservation projects, 14 ecological restoration projects, and 9 other capital conservation projects located throughout the Garden State. "We continue to be impressed and heartened by the amount of conservation work being conducted by small and medium-sized non-profit organizations in New Jersey. We are happy that we are able to provide some critical resources for these projects" said Catania.  Conservation Resources Inc (CRI) is a statewide non-profit conservation finance intermediary. The mission of CRI is to increase the capacity, expertise and technical and financial resources available to private and public conservation organizations in o
rder to maximize the preservation of open space and farmland in the Garden State. 11/19/08

LEED for Neighborhood Development 2009 open for public comment USGBC is pleased
to invite the public to comment on the LEED for Neighborhood Development Rating System, which integrates the principles of smart growth, new urbanism and green building into the first national system for neighborhood design. The program is a collaborative effort between USGBC, the
Congress for the New Urbanism, and the Natural Resources Defense Council. This rating system is built upon the LEED for Neighborhood Development Pilot Rating System, which nearly 240 projects have been using since July 2007 as part of a successful pilot program. Eighteen projects have been certified. Their invaluable feedback, combined with countless hours of USGBC volunteer time, has produced a more sophisticated, market-responsive rating system. Any member of the public may submit comments. To view the rating system draft and comment, please go the LEED Rating System Drafts webpage. The public comment period will be open from November 17th through January 5, 2009 at 11:59 PST. For more information about the LEED for Neighborhood Development program please visit the U.S. Green Building Council 11/19/08

Finch Paper lays off 44 employees Finch Paper LLC, a paper mill in Glens Falls, has laid off
44 workers over the past two weeks in response to a souring economy.
Finch Paper, which makes papers used for direct mailing, marketing and catalogs, now employs 800 full-time workers at its Glens Falls, NY headquarters. Customers of the privately held company have decreased orders, leading the company to cut production and staff, said company spokesman John Brodt Jr. "Most definitely, this is market driven,” Brodt said. “There’s a slump in paper demand across the country, and we’re
certainly not immune from that.”
Brodt described the layoffs as temporary, and added that further cuts, or hires, would be based on the rise and fall of orders The Business Review 11/19/08

Sunoco Logistics buys MagTex pipeline system
Sunoco Logistics Partners LP said Tuesday it has completed its acquisition of the MagTex refined products pipeline system from affiliates of Exxon Mobil Corp. The Philadelphia-based partnership agreed to pay $175M for the system, which is in Texas, in April. Sunoco Logistics said the terms of the original purchase agreements were amended to provide for potential adjustments, based on the volume of products the system actually handles, to the purchase price, the rate it charges pipeline users, and commitments made by Exxon Mobil to transporting its products through the pipeline. Philadelphia Business Journal 11/19/08  

NRG Energy’s President urges Congress to enact climate legislation mow David Crane, President and CEO of Princeton, NJ-based NRG Energy, Inc. today joined some other members of the United States Climate Action Partnership (USCAP) in Washington, DC, to urge federal support for cap-and-trade legislation. “Over the past 100 years, American capitalism has been the most powerful, creative and dynamic force on earth. That force now needs to be channeled to confront climate change which, in turn, requires government action in a language that American business understands,” said Crane. “That language is price. Without a price on carbon, carbon abatement will not happen.” According to Crane, the United States is at a very sensitive point. “America’s entrepreneurs currently lead the world in developing and innovating carbon abatement products and processes, but this
work has been done in anticipation of climate legislation. Actual demonstration, at scale,
of the best of these technological innovations—and deployment en masse—depends upon actual climate legislation,” he explained. Through large-scale demonstration projects and its own deployment of key low-carbon technologies, NRG is working to bring leadership and commercial success to the United States. In 2007, the Company became the first in nearly 30 years to file for a license to build new nuclear generation in the United States, at its South Texas Project location. Earlier this year, NRG formed Nuclear Innovation North America, a partnership with Toshiba, focused on developing, financing and investing in new advanced design nuclear projects in select markets across North America. In addition to the Company’s nuclear efforts, NRG continues to focus on developing and deploying other low-carbon technologies, such as gasification and carbon capture and sequestration,
to utilize vast resources of coal in an environmentally responsible way. Additionally, the Company has pursued multiple wind power investments including a 50% interest in a wind farm completed in October, and a second, wholly owned, wind project which is expected to be online by year end.
Crane believes these kinds of actions, even at a hundred companies, are not enough – and will soon fade in the absence of federal action. NRG 11/18/08

New EPA rule designed to improve environmental performance of academic labs EPA has finalized the Academic Laboratory rule to help improve the environmental performance of teaching and research laboratories owned by eligible academic entities.  This agency says the rule provides increased regulatory flexibility, while enhancing safe management of hazardous waste.  Eligible academic entities include colleges and universities, and teaching hospitals and nonprofit research institutes that are either owned by or formally affiliated with a college or university EPA  11/18/08  

New Jersey Resources Q4 profit surges; raises dividend New Jersey Resources Corp. reported a surge in its fourth-quarter net income, helped by unrealized gain on derivative instruments.
In addition, the company raised its quarterly dividend by 10.7% and provided fiscal 2009 guidance.
New Jersey's fourth-quarter net income surged to $78.78M or $1.86 per share from $2.5M or $0.06 per share in the prior year. The recent-quarter results included an unrealized gain on derivative instruments, net of taxes, of $87.31M, compared to $18.94M a year ago. RTT News 11/13/08


Environmental Liability Management, Inc opens new office in Pennsylvania Princeton, NJ-based Environmental Liability Management, Inc (ELM) announces it has opened a new office in Lehigh Valley Industrial Park IV at 2475 Baglyos Circle, Bethlehem, Pa. 18020.  The office will act as a base of operations in the area for ELM, including it’s operating division Environmental Planning Consultants (EPC). Joseph R. Fallon, ELM's president, said: “It was important for us to establish a presence in the Lehigh Valley as we see the area as one of rapid growth, including redevelopment of older industrial properties”. He added that “Given the hard economic times, we also see clients looking for more cost effective solutions to environmental concerns, so ELM services are in greater demand.” ELM is an award winning environmental engineering, consulting and risk management firm that specializes in conducting environmental due diligence, site investigations and remediation, along with Brownfields redevelopment, and project management services for complex environmental issues associated with hazardous substance discharges.  The firm also provides permitting and compliance/monitoring services for ongoing industrial and commercial operations.  ELM currently employs a staff of 60 and is headquartered in Princeton New Jersey, with offices in New York City, Boonton NJ, Holicong PA and the new office location in Bethlehem PA.  The company maintains an operating division doing business as Environmental Planning Consultants (EPC) for natural resource inventories, land use management and planning, ecological assessments and project permitting. 11/12/08

Exelon Launches Exchange Offer For NRG Energy; Expires Jan. 6 Exelon Corp. went directly to NRG Energy Inc. shareholders Wednesday in its bid for the power generator, starting a share exchange offer that will expire in January. Chicago-based Exelon said Tuesday it would go to shareholders on its $6.2 billion unsolicited offer, which the Princeton, N.J., company rejected on Sunday. Exelon also is suing NRG and its directors, alleging they didn't give due consideration to the bid. Exelon said the exchange offer will expire at 5 p.m. EST on Jan. 6, 2009. CNN Money 11/12/08

New Jersey environmental consultant helps businesses see green
In more ways than one, Wayne DeFeo is sorting through the mess. As the founder and principal of DeFeo Associates, an environmental consulting group, DeFeo helps government officials, private companies and the public cut through intricate laws as his clients strive for energy efficiency, better recycling programs or similar earth-friendly efforts. "I try
to take complex items, regulations in this case, and make them come across in such a way that you can understand them," DeFeo said in
a recent interview. With degrees in biology and environmental studies, a teaching license and more than 25 years of experience in the field, DeFeo has experienced environmental issues from all sides. He's served as Somerset County's recycling coordinator, the deputy director of solid waste for the state Board of
Public Utilities and a regional manager for the National Solid Wastes Management Association, among other high-ranking positions. Since going
solo in 1995, DeFeo has used his skills and connections to build a network of affiliates - engineers, public relations specialists, public works experts - who help him complete the work he can't finish himself. "If I don't exactly know the details, I know someone who does," said DeFeo, 50. "And the
trick is to retain the people I need to retain." In addition to promoting a stable of willing professionals, DeFeo also markets his company as one that understands the delicate balance of going green and
still seeing green from investments. DeFeo said corporations, especially large ones, can run the risk
of being sued if their emissions are disproportionately high or jeopardize public health. Therefore, he
said businesses are scrambling to offset that potential risk. Click for more  11/7/08

Ocean Power Technologies wins new $3 million contract from US Navy Pennington, NJ-based Ocean Power Technologies (OPT) will participate in the second phase of the Navy's Deep
Water Active Detection Systems program, which is designed to utilize sophisticated data gathering and communications systems. The advanced technology program has prospective applications using multiple PowerBuoys for homeland security including powering sensor networks over wide areas of
the ocean. Under the first phase of the program, as announced on October 16, 2008, OPT deployed
an initial test design of its autonomous PowerBuoy 75 miles off the coast of New Jersey. This first phase ocean test provided power generation data that validated OPT's power predictions for the system. The new contract provides for ocean testing by the Navy of an advanced version of the autonomous PowerBuoy for the Navy's operational requirements. In addition, OPT will support the Navy's ocean test procedures in the areas of mooring design, at-sea operations and deployment Market Watch 11/05/08


Flaster/Greenberg Named “Go To Law Firm”
For the second year, Flaster/Greenberg has
been selected as a "Go To Law Firm®" by Corporate Counsel® magazine.  Nominated by its client
Toll Brothers for Litigation,
Flaster/Greenberg shareholders Carl Bisgaier, of Haddonfield, NJ and
James Kozachek, of Columbus, NJ,  members of the Construction and Real Estate Practice Groups, serve as counsel to the Fortune 500 home builder. Fewer than half of one percent of all firms in the U.S. and abroad are recognized with this honor.
In coordination with Incisive media, Fortune 500 General Counsel identified “Go To Law Firms” in various practice areas based on research conducted by Incisive Media. Researchers asked in-house counsel at Fortune 500 companies throughout the country to identify which outside law firms they turn to for assistance. Incisive Media’s research department also gathered data on these law firms from various public records resources including
court dockets and securities filings, as well as legal and business publications.
A multi-disciplinary regional business law firm of 70 attorneys practicing in 23 areas of law, Flaster/Greenberg has offices in New Jersey, Pennsylvania and Delaware.  For over 35 years, the firm has represented a diverse business clientele, including publicly and privately held companies in areas ranging from
manufacturing and high technology to real estate and service industries. 11/4/08  


PPL Corporation reports third-quarter 2008 earnings
PPL Corporation (NYSE: PPL) on Tuesday (11/4) reported declines in both third-quarter and nine-month earnings for 2008, compared
with the same periods of 2007. Contributing to the declines were lower wholesale electricity margins, partially offset by improved earnings from PPL’s electricity delivery business in the United Kingdom. PPL’s reported earnings in the most recent quarter were $0.54 per share, compared with $0.84 per share a year ago. For the first nine months of 2008, PPL’s reported earnings were $1.73 per share, compared with $2.25 per share a year ago.  Third-quarter earnings from ongoing operations also declined, to $0.45 per share, compared with $0.72 per share a year ago. For the first nine months of 2008, earnings from ongoing operations were $1.56 per share, compared with $2.00 per share a year ago. “While our quarterly results have been affected by a significant drop in wholesale energy margins, PPL’s underlying fundamentals remain very strong,” said James H. Miller, PPL’s chairman, president and chief executive officer. “We are confident that our strategy of focusing on the efficient operation of our high quality generating assets and the marketing of the output from these assets, combined with effective operation of our regulated electricity delivery systems, will continue to provide significant
long-term value for our shareowners. PPL news release 11/4/08


Ocean Power looks to hire a new wave of employees
Ocean Power Technologies Inc. is hiring. George Taylor, chief executive officer of the Pennington-based maker of high-tech buoys that convert wave energy into electricity, says the publicly held company will grow by 40 percent, to 70 employees, during the next 12 months. The hiring spree comes on the heels of the federal government expanding its Renewable Electricity Production Tax Credit to sellers of electricity generated by wave, tidal, current and ocean thermal energy. NJBIZ spoke with Taylor about how much the electricity costs, what a PowerBuoy is and where waves fit into the renewable energy picture. Click for NJBIZ interview 11/4/08


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VeraSun Energy files for Chapter 11 protection One of the nation's largest ethanol producers
is filing for protection under Chapter 11 of the U.S. Bankruptcy Code after facing liquidity problems. VeraSun Energy Corp., of Sioux Falls, S.D., has 16 facilities in eight states that are scheduled to have annual capacity of 1.64 billion gallons of ethanol by the end of this year. The company said it suffered significant losses during the third quarter due to a "dramatic spike" in corn costs. The company also cited worsening capital market conditions and tightening of credit as factors. The company said it intends to continue operating. "The filing allows VeraSun to address its short-term liquidity constraints as we navigate historically challenging market conditions while we focus on restructuring to address the company's long-term future," CEO Don Endres said. Waste News 11/4/08
>
VeraSun to borrow $40 million to continue operations 11/4/08

ISRI adopts voluntary practices into certification program The Institute of Scrap Recycling Industries has adopted voluntary operational practices for electronics recycling into its Recycling Industry Operating Standard certification program. The U.S. EPA led a multi-stakeholder effort over two years to develop the voluntary electronics standards. The group included representatives from federal and state governments, recyclers, electronics manufacturers and trade associations. RIOS is an integrated management system standard that ISRI adopted for recycling operations. The electronics component is known as the Responsible Recycling Practices for Use in Accredited Certification Programs for Electronics Recyclers -- which is also known by the shorter name R2. Details are available online at www.epa.gov/epawaste/conserve/materials/ecycling/r2practices.htm 11/4/08

Partnership for the Delaware Estuary names finance director Donald E. (Gus) Wolfe has been hired as the first-ever director of finance and operations at the Partnership for the Delaware Estuary (PDE), a National Estuary Program.  In this role he is responsible for accounting and grant reporting at the tri-state nonprofit, as well
as office and employee benefit administration. Wolfe has over 30 years of experience working for private and government organizations.  Before coming
to the PDE, he was controller for a local architecture firm.  He has also held several accounting and management positions at the Delaware River and Bay Authority during his career. Wolfe received his bachelor’s degree in accounting and his master’s degree in business administration from the University of Delaware in 1976 and 1986 respectively.  Today he and his wife live in Newark, Delaware, near his alma mater.  In his free time he serves as a swim coach, a role that currently has him coaching athletes who are vying to compete in the Delaware Senior Olympics. The Partnership for the Delaware Estuary, a National Estuary Program based in Wilmington, leads collaborative and creative efforts to protect and enhance the Delaware Estuary, and its tributaries, for current and future generations. 11/3/08


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PSEG announces third quarter 2008 earnings Public Service Enterprise Group  reported income from continuing operations for the third quarter of 2008 of $476 million or $0.94 per share compared to income from continuing operations during the third quarter of 2007 of $490 million or $0.96 per share. Operating earnings in the third quarter of 2008 were equivalent to income from continuing operations.  Excluding a $7.0 million impairment of the company’s investment in Turboven, operating earnings in
the third quarter of 2007 were $497 million or $0.97 per share.  Predominantly due to a gain on the
sale of SAESA of $187 million, which was sold in July 2008, income from discontinued operations amounted to $180 million or $0.35 per share during the 2008 third quarter bringing net income for the period to $656 million or $1.29 per share.  By comparison, in the third quarter of 2007, income from discontinued operations raised net income by $16 million or $0.03 per share to $506 million, or $0.99 per share. Ralph Izzo, chairman, president and chief executive officer of PSEG, said “Although the economy is experiencing unprecedented turbulence, the focus and dedication of PSEG’s employees
to operational excellence continues to provide the solid foundation that allowed us to report very strong earnings for the first nine months of the year, and comfortably supports our 2008 earnings guidance of $2.80-$3.05 per share.” PSEG news release 10/31/08


American Water subsidiary buys central PA system Pennsylvania American Water said Thursday it has acquired the Clarion Area Authority wastewater system for $3.8 million. The system serves 6,600 people in Clarion Borough, Clarion Township and Monroe Township in Clarion County, Pa. The purchase follows the company’s July acquisition of the Claysville-Donegal Joint Municipal Authority water and wastewater systems in Washington County for $2 million. That was Pennsylvania American Water’s first wastewater-system acquisition in western Pennsylvania. Pennsylvania American Water is a subsidiary of American Water Works Co. of Voorhees, N.J., which is the largest publicly traded owner of water and wastewater systems in the United States Philadelphia Business Journal 10/31/08

Middlesex Water Company increases dividend Middlesex Water Company (NASDAQ: MSEX)
a provider of water and wastewater and related services in New Jersey and Delaware, announced that on October 28, 2008, the Company's Board of Directors approved an increase in the Company's quarterly cash dividend to $0.1775 from $0.1750. The new dividend rate is payable December 1, 2008 to shareholders of record as of November 14, 2008. This dividend increase raises the annual dividend
to $0.71 from $0.70 per share of common stock. The Company has paid cash dividends in varying amounts continually since 1912. Middlesex Water has a Dividend Reinvestment Plan (DRP), available to registered shareholders, under which dividends and optional cash payments can be used to purchase additional shares of Common stock. Middlesex Water Company, organized in 1897, provides regulated and unregulated water and wastewater utility services in New Jersey and Delaware through various subsidiary companies. For additional information regarding Middlesex Water Company including information about the Company's DRP Program, visit the Company's Web site at www.middlesexwater.com or call (732) 634-1500 10/30/08

Sharp announces nationwide e-recycling program The New Jersey-based company said today that it is creating a nationwide electronics recycling program to provide free, convenient consumer recycling of Sharp Electronics televisions and other consumer audio and video products. The program will kick off in several states in November, and is slated to expand to all 50 states with many hundreds more sites, over next three years. Panasonic and Toshiba products will also be accepted at these locations. "In all aspects of our business, we continuously seek ways to reduce impact on the environment," said Doug Koshima, chairman and CEO, Sharp Electronics Corporation. "Working through the MRM venture, Sharp, Panasonic Corporation of North America and Toshiba America Consumer Products, are working to create an electronics recycling program that achieves the dual objectives of being easy and convenient for consumers, while offering the industry a path to efficient, environmentally sound recycling." Sharp's recycling program will utilize the infrastructure being developed by the Electronics Manufacturers Recycling Management Company (MRM). A joint venture between Panasonic, Sharp Electronics and Toshiba, MRM was established in September of 2007 to efficiently manage collection and recycling programs in the United States for electronics manufacturers. Beginning in November, there will be more than 160 sites in 10 states where consumers can drop off Sharp brand televisions and other Sharp consumer audio and video electronics products for free recycling. Along with MRM, Sharp will continue its expansion until its services cover all 50 states. Sharp will also accept consumer drop-off of Sharp televisions and consumer electronics products for recycling at its headquarters in Mahwah, NJ. A complete list of locations where Sharp products can be recycled will be available by November 1st on the MRM website at http://www.MRMrecycling.com  10/30/08

Lynn M. Nowak of Nancy H. Becker Associates joins Porzio Governmental Affairs Porzio Governmental Affairs has announced that Lynn M. Nowak of Nancy H. Becker Associates (NBA) has joined her practice with Porzio Governmental Affairs, LLC. Porzio Governmental Affairs is
a wholly owned subsidiary of the law firm of Porzio, Bromberg & Newman. Joining the organizations
is expected to put the firm solidly among the Top 10 lobbying firms in New Jersey, based on revenues. Ms. Nowak, who joins as Executive Vice President, is bringing her team with her. To accommodate the larger group, Porzio Governmental Affairs will be relocating its offices to new space at 41 West State Street in Trenton. Dennis F. Marco, Executive Vice President of Porzio Governmental Affairs, who was instrumental in developing and growing Porzio Governmental Affairs since its launch in 2006, said that Ms. Nowak and her team will enable Porzio Governmental Affairs to offer a broader slate of public affairs and public relations services to clients. Ms. Nowak's group, he said, would supplement the Porzio Governmental Affairs practice with a rich and successful public relations component that calls attention to clients' accomplishments and gains support for their positions. Additional services offered by Porzio Governmental Affairs include strategic planning, lobbying, business development efforts, coalition building, grassroots outreach, community outreach, and event coordination.
 Ms. Nowak served as President of Nancy H. Becker Associates since Princeton Communications Group acquired the firm on the retirement of Ms. Becker in 2003, retaining the NBA name. Prior to joining NBA, Ms. Nowak served as the legislative liaison for the New Jersey Department of Commerce and Economic Development where she was responsible for all of the department's legislative and
regulatory activities. Porzio Governmental Affairs media release
10/29/08


                 

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Langan Ranked #1 in Retail by New York Construction Magazine Langan Engineering
& Environmental Services of Elmwood Park, NJ, a premier land development engineering and environmental consulting firm, secured the top spot for retail in the annual rankings of metropolitan
area design firms by New York Construction magazine. Langan’s comprehensive, integrated “ground and down” engineering and environmental services enable the firm to support projects in virtually every real estate market, including retail where the firm has a long history of success supporting private developers, major national brands, and leading REITs. Langan retail projects in the region include Meadowlands Xanadu, Bronx Terminal Market, The Shops at Atlas Park, Jersey Gardens Mall, Clifton Commons, Blue Back Square in West Hartford and numerous projects for Lowe’s Home Improvement, Stop & Shop, Wal-Mart, Costco, and Target. “It’s gratifying to see our success acknowledged in a publication like New York Construction magazine, which serves as a standard for industry news and information,” said David T. Gockel, President/CEO of Langan Engineering & Environmental Services. “We are proud to be the leader in the field and we are especially thankful to our clients.” Langan consistently ranks among the Top 5 Best Engineering Firms to Work For by Civil Engineering News and ranks among the top 20 Green Design Firms by Engineering News-Record. Founded in 1970,  Langan is a premier provider of integrated land development engineering and environmental consulting services. Currently, it employs approximately 650 professionals and has regional offices in New York City; Philadelphia, Bethlehem, and Doylestown, PA; New Haven, CT; Trenton, NJ; Arlington, VA; Miami and Tallahassee, FL; Las Vegas, NV; and Pasadena, CA. Langan's core disciplines are site/civil, geotechnical, and environmental engineering, as well as landscape architecture and planning, survey/mapping, traffic/transportation, CADD/GIS, and natural resource permitting. The firm works in virtually all real estate development sectors including residential, retail, office, industrial, high-rise, school construction, mixed-use, stadiums/arenas, waterfront and Brownfield redevelopment, urban revitalization, and corporate environmental remediation. 10/29/08
 
 

PA renews Green Building Alliance funding Philadelphia University’s Engineering and Design Institute and the Green Building Alliance have received a $1 million grant from the state of Pennsylvania to fund the third year of the Pennsylvania Green Growth Partnership. The Engineering and Design Institute and the Green Building Alliance, which is based in Pittsburgh, received $2 million from the state in 2006 to establish the partnership and $1.5 million last year to continue it. The partnership also includes Temple, Villanova, Carnegie Mellon and Pennsylvania State universities, the University of Pittsburgh, the Delaware Valley Green Building Council and Ben Franklin Technology Partners of Southeastern Pennsylvania. The partnership was established to promote economic development through the design and construction of green buildings and the development of energy-saving building materials, products and technologies. In the upcoming year, it expects to assist at least 175 businesses statewide and to create 75 jobs and retain another 150 jobs. The Engineering and Design Institute was established in 2000 to spur the development of innovative green building materials, assist with the design of sustainable buildings and provide community outreach and educational programs for students and those in the building field Philadelphia Business Journal 10/28/08

Manufacturer of cells for solar panels negotiating space in Westmoreland County, PA
A Rostraver, PA manufacturer of cells for solar panels is in negotiations for 500,000 square feet at Sony Electronics Inc.’s plant in Westmoreland County. Sony spokesman Michael Koff confirmed the negotiations for space in the 2.8 million-square-foot facility in East Huntingdon and Hempfield where Sony occupies all but about 1 million square feet. “We have been looking at a number of things in regard to leasing that space, using that space,” Koff said. “That is an opportunity to lower some of our fixed costs.” Representatives from Solar Power Industries did not return calls requesting comment but last year the company announced plans to double its manufacturing space and revenue while tripling employment by 2009. The company, a former division of Tokyo-based fluid machinery and environmental engineering company Ebara Corp., occupies about 65,000 square feet at the Rostraver Airport Industrial Park and has made plans to lease two additional 30,000-square-foot buildings there. The company purchased 2.77-acres in the park last year with plans for expansion. Last year the company said it planned to increase its work force to 400 by the end of 2009, facing surging demand for its product. The company also said it expected its revenue to jump to $30 million in 2007 from
$15 million in 2006 Pittsburgh Business Times 10/28/08


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Foster Wheeler Awarded Coal-to-Liquids Feasibility Study in China Foster Wheeler Ltd. announced today that its subsidiaries, Foster Wheeler Energy Limited and Foster Wheeler International Engineering & Consulting (Shanghai) Co. Ltd., together with its consortium partner, Wuhuan Engineering Company, have been awarded contracts by Sasol Synfuels International (Proprietary) Limited (Sasol) and Shenhua Ningxia Coal Industry Group Company Ltd. (Shenhua) to perform a feasibility study for an 80,000 barrels per day coal-to-liquids (CTL) plant in the Ningxia Hui Autonomous Region, the coal-rich western part of the People's Republic of China. The Foster Wheeler contract value was not disclosed, and will be included in the company's fourth-quarter 2008 bookings. Foster Wheeler will develop the technical definition, engineering, procurement and construction strategy and cost estimate and will provide input to the project's financial evaluation to support project approval by the Chinese government. The planned facility will convert coal into selected fuel products such as diesel, naphtha and liquefied petroleum gas by combining three principal processes: gasification of coal to synthesis gas, the conversion of synthesis gas into liquid fuels using Sasol's low-temperature Fischer-Tropsch technology, and hydrocracking the converted products into valuable fuel products. Foster Wheeler Ltd. is a global engineering and construction contractor and power equipment supplier delivering technically advanced, reliable facilities and equipment. The company is based in Hamilton, Bermuda, and its operational headquarters are in Clinton, NJ. 10/27/08

Aluminum Association’s 2007 Statistical Review now available The Aluminum Statistical Review for 2007 includes information on every cycle of the aluminum production process—from primary aluminum to markets for finished goods, to the recovery of aluminum scrap. The review is an educational tool designed to support members of the industry, financial analysts, government agencies, students and the general public.  Its contents include text, tables and charts to provide
year-end figures and other historic data on U.S. and Canadian shipments, markets, supply and foreign trade. 
The 2007 edition contains an eleven-year summary (1997-2007) as well as historical statistics on the aluminum industry. The review can be downloaded by going to
www.aluminum.org/Bookstore and clicking ‘Whats New’ on the left side of the screen. Aluminum Association 10/27/08

Converted Organics receives first shipment of food waste at its New Jersey facility
Royal Waste Services, Inc. of Queens, NY delivered the first shipment of solid food waste today to Converted Organics Inc.'s Woodbridge, NJ plant. Royal Waste Services provides waste management services to industrial and commercial customers throughout New York City. Royal Waste Services and Converted Organics have agreed to cooperate in the collection, processing and conversion of food waste from Royal Waste Services’ food service clients. “The delivery of this first shipment of solid food waste allows us to continue commissioning equipment that will enable the plant to be fully operational by year end, fill current customer orders in a timely fashion, and meet growing market demand for Converted Organics’ products for the spring 2009 season,” said Edward J. Gildea, President of Converted Organics. The company uses state-of-the-art technologies to create an organic soil amendment or fertilizer products through food waste recycling. The company plans to sell and distribute its environmentally-friendly fertilizer products into the retail, turf management, and agribusiness markets iStockAnalyst 10/24/08

NRG Energy confirms receipt of unsolicited proposal from Exelon Princeton, NJ-based
NRG Energy, Inc. (NYSE: NRG) today confirmed that it has received an unsolicited proposal from Exelon Corporation (NYSE: EXC) to acquire all of the outstanding shares of NRG Energy at a fixed exchange ratio of 0.485 Exelon shares for each NRG common share. NRG's Board of Directors will review Exelon's proposal with their advisors and determine the appropriate response in due course. NRG stockholders are advised to take no action at this time pending the review by NRG's Board of Directors. Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC are serving as financial advisors and Kirkland & Ellis LLP is serving as legal counsel Business Wire 10/20/08


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CBRE completes $362.M deal In a transaction it says is the largest office sale ever transacted
in New Jersey, CB Richard Ellis recently announced that Park Avenue at Morris County traded for $362.4 million
Daily Record 10/17/08

Gas, oil producers form Marcellus Shale Committee A group of small independent gas and
oil producers has formed the Marcellus Shale Committee to represent the oil and gas industry in Pennsylvania in matters of drilling, acquisition, development and exploration of the Marcellus Shale natural gas resource Pittsburgh Business Times 10/14/08


PennFuture Elects New Board of Directors Vice Chair
Citizens for Pennsylvania's Future (PennFuture) today announced the election of David Lane, President of LevLane Advertising, to
vice chair of its board of directors for a two-year term. Lane will work to enforce environmental laws
and advocate for the transformation of public policy, public opinion and the marketplace to restore
and protect the environment and safeguard public health. PennFuture is a statewide public interest membership organization, founded in 1998. Working from the premise that "Every environmental
victory grows the economy," PennFuture has successfully advocated for landmark environmental legislation, including passage of the largest ever environmental funding bond, passage of the
Alternative Energy Portfolio Standards Act, adoption of the Clean Vehicles Program and adoption
of a regulation that protects Pennsylvania's babies by restricting mercury pollution from coal-fired
power plants. PennFuture has staff throughout the state, in Harrisburg, Philadelphia, Pittsburgh,
West Chester and Scranton. The Philadelphia Inquirer called PennFuture the "state's leading environmental advocacy organization." Market Watch 10/14/08  

Alani Golanski joins Weitz & Luxenberg's asbestos litigation unit Mr. Golanski is an appellate attorney who has won affirmances of dozens of multimillion-dollar asbestos-related judgments, as well as appellate reversals in several landmark state and federal cases. He has appeared before courts nationwide in many asbestos and other toxic tort actions on behalf of
injured clients. Weitz & Luxenberg is New York's largest personal injury law firm. It has been
practicing mass tort litigation longer than any firm in New York State, and rose to the forefront of asbestos litigation in the mid-1980s. Mr. Golanski's practice areas at the firm will include:
appellate litigation, asbestos and toxic tort litigation, and federal government contract disputes.
He is licensed to practice in New York, New Jersey and Connecticut Market Watch 10/14/08

Dunn receives Environmental Leadership Award for work with PA rivers The Alliance for the Chesapeake Bay has announced that this year's winner of its Environmental Leadership Award is Cindy Adams Dunn of Pennsylvania. The award is given each year in honor of Fran Flanigan, former executive director of the Alliance. Recipients of the Environmental Leadership Award are chosen for their dedication to the cause of restoring the Chesapeake Bay and its rivers. Dunn was chosen for her decades of effort to generate public awareness of the importance of healthy rivers in Pennsylvania to the overall restoration of the Chesapeake. With the Susquehanna River contributing almost half of the freshwater to the Bay, and with another portion of the state draining into the Potomac, the commonwealth is the source of most of the river inflows to the estuary. Dunn's dedication to restoring the health of these rivers and reducing their adverse impacts on the Bay has been a critical part of the Pennsylvania effort. She is the deputy secretary for Conservation and Technical Services of the Pennsylvania Department of Conservation and Natural Resources, leading the department's work in landscape conservation, recreation, geology and topography. Prior to this, Dunn was director of the Bureau of Recreation and Conservation. Before joining the department, she was the executive director of Pennsylvania Audubon. Dunn will be presented with her award at the annual "Taste of the Chesapeake" fund- raiser Nov. 7 at the Baltimore Museum of Industry on the Inner Harbor South.
For information on sponsorships or reservations for the "Taste of the Chesapeake," call 410-377-6270 or visit www.acb-online.org.     Bay Journal 10/7/2008
 

                 

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Saul Ewing adds former chairman of the Pennsylvania Public Utility Commission Saul Ewing LLP is pleased to announce that Wendell F. Holland, former Chairman of the Pennsylvania Public Utility Commission (PaPUC), has joined the Firm as a Partner in its Business Department and Energy and Utilities Practice Group. Holland will advise utility clients on national and state regulatory matters, as well as on compliance with legislation governing the electric, natural gas, water, tele- communications and transportation industries.  Holland served two non-consecutive terms at the PaPUC, first, as Commissioner, from 1990 to 1993, and again, as Chairman, from 2004 through
June 2008. This experience gave Holland valuable current and historical knowledge of utility
regulation both in Pennsylvania and nationwide
Market Watch 10/6/08

PSE&G chief urges investment in green economy to weather financial storm New
Jersey should start to address the effects of the recent economic storm by encouraging invest-
-ments in energy efficiency and renewable projects that will create jobs and strengthen our economy, according to Ralph LaRossa, president and COO of Public Service Electric and Gas Co. in legislative testimony today. Speaking before the Joint Meeting of the Assembly Telecommunications and
Utilities Committee and the Environment and Solid Waste Committee in Trenton, LaRossa urged lawmakers to take decisive action to approve investments in projects that create real economic value over the long term. "The temptation at times like this is to hunker down, to take no risks, to delay investments until the economy somehow recovers on its own. But that, in my view, would be exactly the wrong path," LaRossa said. News release 10/6/08

Casella Waste Systems opens 4.8 mw gas-to-energy facility in New York  The regional
solid waste, recycling and resource management services company, announced today that it is operating its Hyland landfill gas-to-energy plant, producing clean energy from landfill methane gas, ahead of schedule. This facility is the company's fourth landfill gas-to-energy project. The new
landfill gas-to-energy plant, located at the company's Hyland landfill in Angelica, NY, is expected
to produce 4.8 megawatts per hour of clean energy, or enough renewable electricity to power over 5,000 households. Casella deployed its low-emission landfill model at the Hyland site with a state-
of-the-art gas collection system collecting landfill gases, which are then scrubbed and used to
power Caterpillar generators. Beyond producing clean energy, the facility will reduce carbon dioxide equivalents -- "greenhouse gases" -- by eliminating landfill methane emissions and displacing the
use of fossil fuel with renewable energy. In total, the emissions savings are equivalent to taking approximately 40,000 cars off the roads each year Casella news release 10/6/08


Tom Joyce named as President and Chief Nuclear Officer of PSEG Nuclear
Public
Service Enterprise Group (PSEG) today announced the election of Thomas P. Joyce as president
and chief nuclear officer of PSEG Nuclear, effective October 6.  Joyce has been the senior vice president - operations at PSEG Nuclear since June 2007.  In that role, he was responsible for the
safe, efficient operation of the Salem Unit 1 and 2 and Hope Creek generating stations. He had previously served as the site vice president of the Salem station where he led the station to
numerous performance records. “Tom has raised the performance of every organization he has led, including PSEG Nuclear where he effectively managed our transition to independent operation while improving the performance of our fleet,” said William Levis, president of PSEG Power, of which PSEG Nuclear is a subsidiary.  “Tom is known within our industry for his drive toward operational excellence and his record speaks for itself.” Joyce has more than 32 years of experience in commercial nuclear power operations. Prior to coming to PSEG in January of 2005, he was the site vice president of Exelon Nuclear’s Braidwood station.  Joyce also held leadership positions at Exelon’s Byron, Dresden, and Zion stations, and in the corporate offices of both Exelon Corporation and Exelon Nuclear. Public Service Enterprise Group (PSEG) is a publicly traded diversified energy company with annual revenues of more than $12 billion, and three principal subsidiaries: PSEG Power, PSEG Energy Holdings, and Public Service Electric and Gas Company (PSE&G). PSEG Power, one of the largest independent power producers in the U.S. has three main subsidiaries: PSEG Fossil, PSEG Nuclear, and PSEG Energy Resources & Trade. PSEG Energy Holdings has two main unregulated energy-related businesses: PSEG Global and PSEG Resources. PSE&G, New Jersey’s oldest and largest regulated gas and electric delivery utility, serves nearly three-quarters of NJ’s population. PSEG 10/3/2008 

Langan opens Bethlehem, PA office to serve the Lehigh Valley Langan Engineering & Environmental Services, a premier land development engineering and environmental consulting firm, has announced the opening of a new office in Bethlehem, Pennsylvania. The latest Langan office,
(third in Pennsylvania), will provide the firm’s integrated suite of geotechnical, site/civil, and environmental engineering services to developers, property owners, architects, and corporate clients primarily focused on the Lehigh Valley. The address and phone number of the new Langan office
will be One West Broad Street, Suite 200, Bethlehem, PA, 18018, phone: 610-984-8500. By opening an office in Bethlehem, Langan’s 10th location in six states, the firm is positioned to leverage its local knowledge and experience and extend its geographic reach throughout eastern Pennsylvania.
Langan’s unique mix of “ground and down” engineering and environmental services are well suited to provide turnkey solutions in numerous real estate sectors, including commercial, industrial, retail, residential, healthcare, and universities. Langan’s expertise in environmental remediation and compliance services will also be provided to corporations in the energy, petroleum, chemical, pharmaceutical, and manufacturing industries. “We are excited about opening a new office in the vibrant economy of the Lehigh Valley,” said David T. Gockel, President/CEO, Langan. “We expect
 that development in this region will be a precursor to the recovery of the real estate development market in eastern Pennsylvania."
Langan’s Lehigh Valley Office will be led by Jason S. Engelhardt, P.E., LEED AP, an Associate with the firm who has more than 15 years experience and has
managed multiple major projects in Pennsylvania and New Jersey. Langan news release 10/2/08 


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Environment New Jersey applauds seven NJ congressmen on global warming
Environment New Jersey today hailed a letter sent by seven New Jersey Congressmen and other members of Congress to House Speaker Nancy Pelosi laying out a blueprint for U.S. action to solve global warming.  The letter, which establishes principles for “strong, fair, and science-based” legislation, was signed by Representatives Pascrell, Payne, Holt, Rothman, Sires, Andrews, and Pallone.  Congressman LoBiondo has also supported strong on action on global warming by signing
on as a co-sponsor of Safe Climate Act, HR1590, earlier this year.
The principles call for reducing total
U.S. emissions of global warming pollutants by 15-20 percent by 2020 and by 80 percent by 2050
in order to keep the global rise in temperatures to no more than 3.6 degrees F (2 degrees C) over
pre-industrial levels.  At increases of more than 3.6 degrees F, scientists believe that the effects of global warming would become catastrophic.
“This letter sets the stage for action on global warming next year.  These New Jersey Representatives are sending a clear message that global warming legislation must be strong, fair, and science-based,” said Environment New Jersey Executive Director Dena Mottola Jaborska.  ENJ news release  Copy of ENJ letter 10/2/2008

Allegheny Energy Announces Dividend The Board of Directors of Allegheny Energy, Inc. today authorized a cash dividend of $0.15 per outstanding share of the company’s common stock. The dividend is payable December 29, 2008, to shareholders of record at the close of business on December 15, 2008. This marks the fifth dividend payment since the company reinstated the dividend last year, ending a suspension that lasted nearly five years. The board suspended the dividend in December 2002 and brought in a new management team in mid-2003. Allegheny returned to profitability the following year, reported strong earnings growth in 2005 through 2007, and achieved investment grade credit ratings from both Standard & Poor’s and Moody’s Investors Service last year. Headquartered in Greensburg, Pa., Allegheny Energy is an investor-owned electric utility with total annual revenues of over $3 billion and more than 4,000 employees. The company owns and operates generating facilities and delivers low-cost, reliable electric service to nearly 1.6 million customers in Pennsylvania, West Virginia, Maryland and Virginia. For more information, visit our Web site at www.alleghenyenergy.com. 10/2/08

PPL completes successful sale of natural gas distribution and propane businesses PPL Corporation, headquartered in Allentown, PA,  has successfully completed the sale of its natural gas distribution and propane subsidiaries to UGI Utilities, Inc. UGI Utilities, a wholly owned subsidiary of UGI Corporation based in Valley Forge, Pa., has acquired PPL Gas Utilities Corporation and Penn
Fuel Propane, LLC, for about $268 million in cash plus working capital. PPL announced in July 2007
its intention to sell its gas distribution and propane companies and signed a definitive sale agreement with UGI in March of this year. The two companies represented about 1 percent of PPL’s overall earnings from ongoing operations in 2007. The gas utility serves about 76,000 natural gas distribution customers in 35 counties throughout Pennsylvania and a small area of Maryland. It operates about 3,800 miles of pipeline and owns underground gas storage capacity in three separate reservoirs in north-central Pennsylvania. The propane subsidiary buys propane on a wholesale basis and stores, delivers and sells it to about 33,000 industrial, commercial and residential customers in Pennsylvania, Delaware, Maryland and West Virginia. PPL news release 10/1/08


Rohm and Haas starts up a lab in Asia
Rohm and Haas Co. has opened the Southeast Asia Technical Laboratory in Singapore. The lab supports the Philadelphia chemical company’s latest
efforts to bring new technology to the fast-growing Southeast Asian market.
Rohm and Haas has
been boosting its research and presence in Southeast Asia to serve its growing customer base there and have a faster turnaround time on projects in that region Philadelphia Business Journal 10/1/08


Jersey Central Power & Light files solar renewable energy financing proposal
The
energy company, based in Morristown, NJ, today
filed with the New Jersey Board of Public Utilities (BPU) a proposal designed to help increase the pace of solar project development in the state. Under the proposal, JCP&L would enter into long-term agreements to purchase and sell Solar Renewable Energy Certificates (SREC) to provide a stable basis for financing solar generation projects. An
SREC represents the solar renewable energy attributes of one megawatt-hour of generation from
a solar generation facility that has been certified by the BPU Office of Clean Energy. The BPU has asked all the state's electric delivery companies to submit SREC-based financing plans with the
goal of providing a predictable cash flow for solar generation projects. Under its proposal, JCP&L
would solicit SRECs to satisfy approximately 60 percent of the incremental SREC purchases
needed in its service territory to meet the Renewable Portfolio Standards (RPS) through the end of 2010. SRECs would equal 50 percent of the incremental purchases to meet the RPS in 2011, and
40 percent in 2012. In total, JCP&L expects the plan to support the phase-in of approximately 30 megawatts of solar projects through May 31, 2012. JCP&L will seek proposals for SREC purchase agreements with terms of 10 to 15 years and will solicit proposals on a semi-annual basis through
a series of requests for proposal (RFP). JCP&L will work through an independent RFP manager to perform solicitations. SRECs purchased through the contracts will then be sold to energy suppliers through an auction process and revenues from the sales will be used to offset program costs.
Market Watch 9/30/08


                 

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Aqua America Pennsylvania subsidiary acquires water system in Honesdale, PA 
Aqua America, Inc. (Aqua) announced today that its Pennsylvania subsidiary has completed its
merger of the Honesdale Consolidated Water Company (HCWC) which serves approximately 6,000 people within portions of Honesdale Borough and Texas Township, Wayne County, in a transaction valued at $6.7M. "We are pleased to have expanded our footprint in Wayne County, Pennsylvania,
and this acquisition represents another in our pipeline of growth opportunities that continue to produce meaningful acquisitions and expand our customer base in both the water and wastewater utility arenas," said Aqua America Chairman and CEO Nicholas DeBenedictis. Aqua Pennsylvania will
use HCWC's office in Honesdale Borough as the operations headquarters for its Northeast Pennsylvania Division, which services Aqua's community water and wastewater systems
throughout Pike, Wayne, Monroe and Lackawanna counties. Aqua America is a publicly traded
water and wastewater utility holding company with operating subsidiaries serving approximately
three million people in Pennsylvania, New York, Ohio, North Carolina, Illinois, Texas, Florida,
New Jersey, Indiana, Virginia, Maine, Missouri and South Carolina. Aqua America is listed on
both the NY and Philadelphia Stock Exchanges under the ticker symbol WTR News release
9/30/08


PPL Electric Utilities receives PennFuture ‘Green Power’ Award
PPL Electric Utilities’
efforts to promote energy efficiency and help customers take greater control of their electric use
have earned it a Green Power award from PennFuture, one of the state’s leading environmental advocacy organizations. In presenting the award, PennFuture praised the company for its online Energy Analyzer, which provides customers with daily electricity usage information, helps them analyze their home’s energy use, and provides tips to save. It also recognized the company for expanding an existing time-of-use pilot program and for investing in advanced metering and
software that will ultimately enable the company to offer time-of-use rates to all customers in 2010. DeCampli said more than 220,000 customers have accessed the company’s Energy Analyzer at www.pplelectric.com since its launch. In addition, he said the company has worked to promote
energy efficiency through presentations to community groups; visits by the company’s e-power
team to malls, senior centers and special events; and regular tips in the company’s Connect newsletter, which is sent with customer bills. PPL news release
9/30/08 

Philadelphia-based developer stalls plans for tallest building in Baltimore ARC Wheeler
LLC has indefinitely delayed the construction of what would be the tallest building in Baltimore
because of the nationwide credit crunch. Arc Wheeler’s efforts to redevelop McCormick & Co.’s
former spice plant overlooking Baltimore’s Inner Harbor have been hampered by economic concerns including a tight financing market and the reluctance of companies to invest in speculative projects.
To resuscitate the $500 million development, ARC Wheeler is seeking an equity investment from
either a commercial developer with experience building skyscrapers or a hotel brand willing to buy
into the project — not just operate a hotel in an Arc Wheeler-owned building. Both of those will be tough sells in the current economic climate, but one of the two must happen before the developer
can start construction on its skyline-altering tower. Philadelphia Business Journal 9/30/08


PSEG recognized as a leader for climate change disclosure practices
Public Service Enterprise Group (PSEG) (NYSE-PEG) has been named for the first time to the “Carbon Disclosure Leadership Index,” a list that recognizes companies from across the globe that have displayed
the most professional approach to corporate governance in respect of climate change disclosure practices. The Index is put together by the Carbon Disclosure Project, a non-profit organization
that collects and compiles climate change data from major corporations around the world in an
effort to provide investors and policy makers with insight into corporate climate change strategies. PSEG news release 9/26/08 


Rohm and Haas restarts Texas plants
Rohm and Haas Co. said Thursday that three plants
in Texas that were shut down because of Hurricane Ike have resumed operations. The Philadelphia-
based chemical company (NYSE:ROH) said the plants were shut down in anticipation of the storm, and then remained closed because of difficulties getting materials needed to operate following Ike.
The Bayport, Deer Park and Lone Star plants make chemicals that are used by Rohm customers
and Rohm’s own divisions. The products include ingredients used in paints, varnishes, adhesives
and floor coverings. The company declared a force majeure last week, which can be invoked when contract terms cannot be met because of extraordinary circumstances. Rohm said “there have
been no injuries at the company sites as a result of the storm or its aftermath, and all employees
have been accounted for, though many are dealing with damage to their homes.”
Philadelphia Business Journal 9/26/08

PPG reaches agreement with BASF Corp. to buy industrial coatings business PPG Industries announced Thursday it has reached agreement with