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July 30, 2008

Environmentalists, businesses reach compromise

Filed under: Environment — Laura B. @ 2:55 pm

Read the full story in USA Today.

Governmental inaction is prompting environmental groups and big business to cut unprecedented deals to promote energy exploration and other development in return for major conservation initiatives.

The agreements preserve large amounts of undeveloped land, impose stricter environmental practices than required by law and generate big investments in alternative energy. The deals also clear the way for oil drilling, new power plants and large residential developments.

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