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Disasters

Is Climate Driving Frankenstorm Sandy onto DC as Election Nears?

Although predictions are still iffy, Pepco and other utilities around the District of Columbia and the Atlantic seaboard are bracing for winds and water from Hurricane Sandy. Some experts think the impact of the hurricane itself will be worsened by interaction with a large blocking dome of high pressure.

Source: Climate Central, 10/26/2012

Private Equity Firms Make Bad TXU Investment, Get $528 Million Anyway

The Texas-based energy company TXU was, under the Bush administration, supposed to be the cutting edge of a coal resurgence. The 2007 leveraged buyout of TXU is widely regarded to be one of the worst deals in private equity history. But the firms that led it -- KKR, TPG, and Goldman Sachs -- made money with big fees even as the company tumbled toward financial ruin.

Source: New York, 10/23/2012

NRC Hid Meltdown Threats to Nuke Plants from Dam Failures: Watchdogs

"An un-redacted version of a recently released Nuclear Regulatory Commission report highlights the threat that flooding poses to nuclear power plants located near large dams -- and suggests that the NRC has misled the public for years about the severity of the threat, according to engineers and nuclear safety advocates."

Source: Huffington Post, 10/22/2012

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