Environment

To the surprise of business, the Clinton Administration is continuing to show flexibility in working out environment vs. development disputes. The latest evidence is a deal that will allow International Paper Co. to cut trees in most of a 125,000-acre tract in the Deep South that may house the threatened Red Hills salamander. The company agreed to reserve 4,500 acres in Alabama as a preserve for the 10-inch-long critter.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.