Why is there so much interest in previously mentioned utility concern TXU? Why are private-equity firms racing to snatch them up in a leveraged buyout? They are making money - and plenty of it! I'm not an expert in regulatory affairs, just the environment. Yet, as a small business owner who is continuously challenged with eliminating waste to generate greater value for my customers and a reasonable profit, I'm especially interested in TXU's fat 25% net margin. How is this possible for an organization that presumably is operating within the constraints of regulators?
Well, it's very simple. This is only a snapshot in time of the true picture. You see, there is an Intelligence to Nature - everything balances over time - it's a zero sum game. The true margins for a concern that pushes out millions of tons of pollutants annually won't be fully realized by our society for some time. The reason is the opportunity cost of cleaning up our environment will be incurred by future generations and likely won't be traced back to TXU's ledgers. Case closed, right?
I hope not. After watching the Oscars last night it's evident there is at least a small movement that will over time generate the awareness necessary to strike a balance between the needs of humanity and the environment which sustains us. In fact, TXU has even agreed to table plans for eight new coal plants in order to appease environmentalists so they might surmount regulatory hurdles. Sometimes selfish needs serve a purpose for the betterment of the greater whole. Hey, sometimes you have to take whatever progress you can get. Let's take this small victory and run with it.





