Discover Family, Famous People & Events, Throughout History!

Throughout History

Advanced Search

Publication: European Stars and Stripes Wednesday, September 17, 1980

You are currently viewing page 13 of: European Stars and Stripes Wednesday, September 17, 1980

   European Stars and Stripes (Newspaper) - September 17, 1980, Darmstadt, Hesse                                Doily Magazine industrialist Robert o. Anderson. By Anthony j. Parisi new York times Elp from an enemy Camp has always Beena rarity among human events let alone business affairs. But it u becoming Clear that in the Las few years environmentalists in the United states have often shown their frequent foes the industrialists the Way out of financial  fought the Utility Industry to a stand still at Kaipa rowits plateau Utah where a Combine of Power companies wanted to build a Mammoth Coal fired generating station to serve the West  East they be hounded Oil companies searching for refinery Sites from one state to the next Shell Oil co decade Long futile struggle in Delaware and new Jersey being the classic Case. Bat to Cir efforts Abo fare wiped Industry in Way oat would warn capitalist bout by pretreat ing expansion Bat a Retra acct would Bare bet costly mid bloc Pessary by or Stag for change Tkal May yet Tun out to be tie a Lalioo or  notably the automaker and by Kib 1ns outright Home projects that might end up As White elephants. The environmentalists i guess you could say that in a Way the environmental movement showed Industrial America the Way out of in bind said David Brower founder and chairman of friends of the Earth. It s not something we usually bother taking credit  it s not something Industry readily give them credit for either. Checking the de gradation of the environment was a major accomplishment said Robert o. Anderson chairman of the Atlantic Richfield co. But i would t agree that environmentalist saved , examples of their doing just that abound. There is the set that never got out of american aerospace Indus try hangars and would be flying half empty like the English French concorde if it had. The automobile Industry might be sinking further be Neath the wave of economical japanese and european import bad the environmentalists Call for fuel efficiency not helped Force design changes in  there u the Energy Industry a prime target for environmentalist since the source of most air pollution i fuel combustion much of the nation s water pollution can be traced to refineries and Power plants and strip mining for Coal and uranium poses land use prob lems on a grand scale. Again Industry critic came to an unanticipated  the moment the refining Industry for example. Brilliant Huxsaw Jones environmentalist David Brower utilizes Only about 70 percent of it installed capacity about 92 percent usage is thought optimum and the demand for Oil is dropping. The Utility Industry has nearly 40 percent More capacity than it needs to meet the nation s electricity needs around 20 percent is though optimum and the demand for Power is stagnating. Idle capacity beyond such Points asians a than meal ertl Dency which beam higher production costs and Tower profitability and that mean higher prices for Consumers. It could Hare Beta worse. The industries extra capacity evolved because the need for their products and services has not grown As expected a result of the worldwide increase in Energy prices that started in the Early 1970s.years before environmental groups were arguing that High Energy Price were inevitable and could be expected even counted upon to flow the growth in demand for Energy. Most industrialist scoffed at the notion an went on building Plant. Today the same individuals concede that their plan for rapid expansion were Over blown. In a sense said Anderson the environmentalists were ahead of their  a of appear to Bare been in the Van of promoting Energy efficiency a an alternative to Energy consumption in an Era of rising prices. As Early a the 1960s, they concluded that it was becoming cheaper for electric utilities to encourage More efficient use of electricity than to keep on building Power plants to Supply inefficient users. Many utilities notably the Pacific Gas and electric co. In California and the Tennessee Valley authority have embraced this once heretical philosophy a the Only Way to head off an impossible financial squeeze. The argument in those Days was that Energy demands in general were threatening the environment recalled Emit Habicht jr., who was then the environmental de sense fund s Utility expert and u now an Independent consultant. With respect to electric utilities in partic ular we fell we had a Good economic argument As Well Asan environmental argument we were right. I suspect a lot of Utility executives Are glad they did t build nuclear Power plants and Gud we gave them the Chance to Beck  few if any Utility executives publicly con cede the Point. Wall Street certainly Doe. These Days Utility analysts commonly voice concern about the huge debt Many utilities have assumed to build Large Newpower Plant particularly nuclear Power Plant. Investor apparently agree. The Stock of All but a handful of Power companies now sell Well below their Book value. The  win not always no Husfel u their Ponposa. In Detata via to Alaska Oil Chute j. Coct Tutti prof Aow of eco a i it the i Henley to when wisc armed far to non fro Vilii is that Wuu any theh a Thuri to the mime Wai almost from the Day alaskan of started flowing the Oil Industry hoi Beta grappling with the problems flatted by Etc Beul and Cicchetti is wondering whether Todut palist have Learned that an environmentalist criticism May Glove a helping hand. Wednesday september 17, 1980 the stars and stripes pose 13  
Browse Articles by Decade:
  • Decade