Business & Technology

Eco-parents unimpressed by ‘green’ Barbie accessories

Barbie BCause, toymaker Mattel’s attempt to appeal to the green-minded tyke, has turned out to be not so popular with green-minded parents. The line of patchwork-y Barbie accessories made from cast-off fabric has inspired a blogging backlash. “The eco-conscious young girls I know of steer clear of Barbie,” wrote Jennifer Lance on blog Eco Child’s Play. “Truly green families will not be fooled by Mattel’s greenwashing.” Mother Jones blogger Jen Phillips agreed that touting Barbie BCause as green is “pretty ironic given that Barbie dolls themselves are made out of plastic and are packaged in even more plastic.” And that’s …

Chastised by bloggers, Dell aims to cut down on waste

To paraphrase Margaret Mead: “Never doubt that a small group of loud, critical bloggers can change Dell’s packaging M.O.” OK, that’s a bit of a stretch — and we won’t go so far as to say “Indeed, it’s the only thing that ever has.” But photos published on the internet during Earth Week of a tiny flash drive arriving to a customer in a giant box provoked enough outcry in the blogosphere that Dell is taking immediate steps to reduce packaging waste. The company has sent a directive requesting that envelopes be used for small items, and plans to reduce …

Five bucks a gallon?

Goldman says oil ‘likely’ to hit $150-$200 by 2010

Goldman Sachs' Arjun N. Murti said this in a May 5 report: The possibility of $150-$200 per barrel seems increasingly likely over the next 6-24 months, though predicting the ultimate peak in oil prices as well as the remaining duration of the upcycle remains a major uncertainty. That would mean gasoline prices of $5 to $6 a gallon. Unless, of course, we permanently suspend the gasoline tax, in which case gasoline prices would only be $5 to $6 a gallon. Why should we listen to Murti? Well, back in 2005, when prices averaged under $60 a barrel, he was one of the few Wall Street analysts who predicted oil could soon hit $105 a barrel -- or higher if we don't take the right actions quickly:

Straight as a circle

Big Oil’s crooked talk on profits

Has the oil industry borrowed the (laughable) tagline of presidential candidate John McCain? As Fox Business reported last Friday: The American Petroleum Institute took out a full-page ad in USA Today, and other major media were tapped this week to provide "straight talk on earnings." The earnings that need "straight talk": ExxonMobil's $11 billion quarterly profit, and Chevron's $5.2 billion quarterly profit. (Note to Big Oil: When Fox doesn't give your spin favorable coverage, you've definitely become the Britney Spears of industries.)

I smell a hedging strategy

How much would you pay for cheap gas?

Suppose you're a commodity trader. Someone offers you a future contract to buy gasoline at $2.99/gallon for the next three years. If you think that you can sell that gasoline for more than that, you might think this is a license to print money, and would therefore pay for that privilege. Which raises the following questions: How much would you pay for that future "strip"? Is the answer to Question 1 more or less than a Chrysler?

Big biz ranked on greenness

Takeaways from a new ranking of eco-friendly practices in big biz: Consumer companies are getting greener, but there’s plenty of ground to gain. In its second annual scorecard, nonprofit Climate Counts ranked 56 companies on their measurement, reduction, and disclosure of greenhouse gases. Eighty-four percent of the companies scored higher this year than they did in 2007, but the average score was still only 40 out of a possible 100. At the top of the list were Nike with 82, Stonyfield Farm with 78, and IBM with 77; Google was most improved, jumping from 17 points in 2007 to 55 …

More anti-intellectualism from the Clinton camp

Cringe along with Terry McAuliffe, who explains why economists don’t know nothin':

RE: Turn on investments

Finding jobs at the Ceres conference

Photo courtesy Cheryl Levine Last week, I attended the Ceres conference in Boston. My table was sitting down to lunch when the person next to me whispered, “It’s Al Gore!” Cool, sez I! We were already pretty excited about the prospect of hearing from Van Jones (president, Green for All), Theodore Roosevelt IV (managing director, Lehman Brothers), and Michael Eckhart (president, American Council on Renewable Energy). Having the Goracle drop in unannounced seemed like a perfect way for Ceres President Mindy Lubber to cap off an already great event. Alas, it was not to be. The should-have-been-President was actually just …

Eco-friendly outdoor-clothing company goes under

Last year, Eric Brody of outdoor-apparel company Nau excitedly chatted with Grist readers about his new enterprise and its ambitious sustainability plans. This week, the company announced that it’s closing its doors: “Just as we could not have predicted the sudden groundswell of environmental consciousness that blossomed at the time we launched our business, we did not foresee the current crisis in the capital markets. At this time, investors are loathe to invest in anything — especially, it appears, a company like Nau that has the audacity to challenge conventional paradigms of what a business should be.” The oh-so-thin silver …