The debate over cap and trade is leaving a bad taste in some people’s mouths. One group says the legislation would have negative impacts on how utilities pass down savings to customers and won’t have as big an impact on reducing emissions. Another group says the rise in costs will happen whether there is cap and trade or not.
The U.S. Environmental Protection Agency defines cap and trade as “a policy tool with a mandatory cap on emissions while providing sources flexibility in how they comply.”
via Power Engineering – Could consumers end up paying for cap and trade?.
Latin American real estate investors and developers are optimistic in Q3 2009
Brazil, Peru, Mexico and Chile all now have credit-grade ratings. Colombia and Argentina, although more risky, also promise long-term growth opportunities. Recent credit policy updates empowering new home buyers and increasing retail activity are credited for stabilizing the region’s real estate market and helping shelter it from the global credit crunch.
via Real Estate Investment World Latin America 2009.
LaSalle Investment Management on Monday said investor sentiment in the European commercial property sector had stabilised, that repricing had found a floor and that there was rising interest in the UK market.
In its 2009 Mid-Year Update, the U.S. real estate investment firm said, looking forward to 2010, investors should capitalise on the reversion to more sustainable pricing in commercial property, although deals will need to withstand falling rents.
This could be achieved by long leases or by picking properties that were so attractive to occupiers that they will weather the recession without this protection, LaSalle said, adding retail offered the best investment prospect.
via LaSalle says European comm. property sector stabilised | Currencies | Reuters.
