(November 1, 1997) Electricity industries worldwide are undergoing a period of profound upheaval.
Reforming Thailand’s power sector: towards a sustainable electricity future
(November 1, 1997) As part of its financial rescue package for Thailand’s economy, the International Monetary Fund recently advised the Thai government to end subsidization and accelerate privatization of its ailing financial institutions and state enterprises.
PRESS RELEASE: GE alerted to economic risks, environmental destruction and human rights abuses linked to TG dam
General Electric shareholders are getting involved in the riskiest and most destructive dam project ever, according to seven environmental groups, representing nearly 900,000 supporters across North America.
Military Logging Company Expects World Bank Funds to Police Forests and Forcibly Resettle Ethnic Communities
(October 2, 1997) The World Bank is expected to vote this month whether or not to support resettlement and conservation in the Nam Theun 2 watershed in Lao PDR.
Probe Alert October 1997
For more than a quarter of a century, Canadian mining giant Placer Dome has mined copper on Marinduque Island in the Philippines through its 40%-owned subsidaiary, the Marcopper Mining Corporation. Marcopper’s operations have brought environmental harm and hardship to many Marinduque communities, a legacy that culminated last year in a major environmental disaster.
October 1997 Campaign Letter
In September, at the urging of the federal government, a group of Canadian companies voluntarily agreed to follow a new International Code of Ethics in their overseas activities. Though not legally binding, their attempt to raise corporate standards when it comes to human rights, the environment and corruption, endorses our belief that good ethics is good business.
Letter to financial research and rating institutions
The following letter was sent to financial research and rating institutions, after it was announced in September that General Electric Canada, a wholly-owned subsidiary of Connecticut – based General Electric Company, was awarded a contract to supply turbines and generators to the Three Gorges dam project.
Review of economic impact study: Nam Theun 2 hydroelectric project
(September 26, 1997) Review of Louis Berger Economic Impact Study.
Local NGO adds to pressure on World Bank
(September 24, 1997) Non-government organisations have demanded that the World Bank address fundamental questions regarding the proposed Nam Theun 2 (NT2) dam before it goes ahead with the next stage of the US $1.5 billion project in central Laos.
Letter to socially responsible financial advisors and mutual funds
(September 24, 1997) The following letter was sent to socially responsible financial advisors and mutual funds managers , after it was announced in September that General Electric Canada, a wholly-owned subsidiary of Connecticut – based General Electric Company, was awarded a contract to supply turbines and generators to the Three Gorges dam project.
Letter to shareholders of General Electric Company
The following letter was sent to the largest shareholders in General Electric Company, after it was announced in September that General Electric Canada, a wholly-owned subsidiary of Connecticut – based General Electric Company, was awarded a contract to supply turbines and generators to the Three Gorges dam project.
Whose conduct is too vile to sign Canada’s new International Code of Ethics?
(September 21, 1997) In September, at the urging of the federal government, a group of Canadian companies voluntarily agreed to follow a new International Code of Ethics in their overseas activities.
Russians win deal for mega power plant
(September 15, 1997) Vietnam has hand-picked a Russian hydropower project design company to carry out the feasibility study for the country’s largest ever hydropower project in Son La province.
Southeast Asia’s biggest dams will have to go
(September 13, 1997) When 15 leaders of the 9,500 indigenous communities affected by Malaysia’s Bakun Dam received their compensation last month, they sent the cheques back to the government. One said he received a token Bt3.3, which made the cost of issuing the cheque higher than the compensated amount. No wonder opposition to Southeast Asia’s largest dam project continues despite the fact work has already begun.
Huge dam in Laos could be a nightmare
(September 2, 1997) Laos is dreaming of a huge dam that will finance development of its poor corner of Southeast Asia. But Nam Theun 2 may turn out to be a nightmare for Laotian tribal people, who will be forced to leave their homes. It could mean extinction for rare species like the Vu Quang ox, only discovered in this decade, the Indochinese water pig and the white winged duck.


