Project Finance NewsWire

April 2002

IN THIS ISSUE

A New Depreciation Bonus

The United States adopted a 30% “depreciation bonus” in March in the hope of persuading US businesses to invest in new plant and equipment...

Argentina Adopts More Emergency Measures

The Duhalde government ordered mandatory “pesofication” of debts, and the Argentine Congress formally declared a new emergency — this time a “social and credit emergency” — and passed a heavily cr...

Project Sales: Overlooked Issues

Events over the past year — including the PG&E and Enron bankruptcies, the downturns in US and foreign securities exchanges and the continuing volatility in California and emerging markets — h...

New Air Toxics Rules for Power Plants

The US Environmental Protection Agency issued new rules in March that explain the Clean Air Act air toxics permitting procedures for owners and operators of combustion turbines...

Environmental Update April 2002

Multi-Pollutant Legislation The Bush administration unveiled a multi-pollutant proposal in February that, if enacted by Congress, could impose substantial costs on the electric generating industr...


IN OTHER NEWS

Argentina Adopts More Emergency Measures

The Duhalde government ordered mandatory “pesofication” of debts, and the Argentine Congress formally declared a new emergency — this time a “social and credit emergency” — and passed a heavily cr...

RENEWABLE ENERGY projects get help.

RENEWABLE ENERGY projects get help. New Mexico adopted a tax credit of 1¢ a kilowatt hour for generating electricity from wind or sunlight.  The governor signed the measure in March...

Idaho

IDAHO has decided to let taxing districts use construction of a new merchant power plant nearby as an excuse to increase local budgets.