McGuireWoods' Schewel discusses impacts of financial downturn on energy project lending
What will the economic crisis and financial bailout mean for the future of energy projects? Do certain industries have more to lose? How will cleantech projects, oil and gas development, and carbon capture-and-storage research fare as a result of the economic downturn? During today's OnPoint, Michael Schewel, a partner at law firm McGuireWoods and an energy project financing expert, gives his take on the effects of the financial downturn on investments in the energy sector.