A political battle over global warming is raging in Texas, pittying an array of environmental groups against the utility company TXU. I took a first look in today’s CNNMoney column.
NEW YORK (Fortune) — In this era of corporate environmentalism, big companies like General Electric, Wal-Mart and McDonald’s have grown accustomed to working closely with save-the-earth groups like the World Resources Institute, Conservation International, even Greenpeace.
And then there’s TXU.
The Texas utility company has made enemies of America’s biggest environmental groups because of its ambitious $10-billion plan to build 11 coal-fired power plants in the next few years.
You can read the rest here.