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What the papers say

News stand

THE TIMES

Alternative energy companies could become the growth stocks of this decade, say market analysts RWE, the German utility that bought Thames Water last year, yesterday ignored the turmoil affecting the US stock market by launching an agreed bid for American Water Works, the biggest water company in the US, in a deal worth £5bn

FINANCIAL TIMES

A rare slow moving typhoon - Nari - has pummelled Taiwan, killing at least 25 people and dumping record rains on the capital Taipei.

The government is consulting on ways of making significant cuts in air pollution over the next decade in response to medical research linking premature death with particle emissions from traffic and industry.

Europe's railways and waterways must be revitalised and taxation systems must better reflect the true costs of road transport if the continent is to avoid complete traffic gridlock, the European Commission has warned.

Patrick Carter, the nonexecutive director of the prison service charged with the Pickett's Lock review, is understood to have looked at five other potential 2005 World Athletics Championship venues - Manchester, Sheffield, Gateshead, Birmingham and Crystal Palace.

DAILY TELEGRAPH

Dozens of rail lines closed in the 1960s should be reopened to improve capacity on inner-city routes and cut road congestion, according to a study by the Rail Passengers Council.

National Express is suing insurance group CGNU over losses it incurred due to the Hatfield rail crash.

THE SCOTSMAN

Councils that fail to meet strict air pollution targets could be named and shamed by the Scottish Executive. Ministers want local authorities to do all they can to meet targets to cut air pollution in Scotland by at least 50% by 2010.

Scottish ministers yesterday underlined the importance of developing renewable energy and played down the prospect of a new nuclear power station being built in Scotland.

Energy minister Brian Wilson said £1.7M funding would be given to development of wave power technology. The £2.7M wave power machine is expected to be launched next summer.

THE IRISH TIMES

Carbon dioxide emissions in Ireland have increased by 20% since 1994, with the cement industry a major source.

THE OBSERVER

Railtrack directors and managers are almost certain to escape corporate manslaughter charges for the Paddington crash.

THE GUARDIAN

Nuclear reprocessing plants at Sellafield in Cumbria and Cap de la Hague in Normandy could be prime terrorist targets, experts have warned.

THE INDEPENDENT

Newcastle City Council has admitted illegally using ash from an inner-city incinerator to coat allotment footpaths. The case was referred to crown court.

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