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  • Green-chip Investment

    One of the world’s largest financial organizations, HSBC, has earmarked nearly $50 million to create a five-year environmental program called Investing in Nature. The program will funnel money to three environmental nonprofits organizations — WWF, Botanic Gardens Conservation International, and Earthwatch — to support projects that enhance access to safe drinking water and help preserve […]

  • There’s No Business Like Snow Business

    Former President Clinton’s eleventh-hour ban on snowmobiles in Yellowstone and Grand Teton National Parks just received yet another blow from the Bush administration, when the Interior Department, acting on the request of the snowmobile industry, offered three alternatives to an outright ban. Option one: Delay the phase-out by one year. Option two: Limit the number […]

  • Joltin’ Joe

    In the most scathing attack on George W. Bush since the terrorist attacks of Sep. 11, Sen. Joe Lieberman (D-Conn.) blasted the president’s environmental record in a speech made yesterday in California. Lieberman, a possible presidential candidate in 2004 and one of 15 senators to be recognized by the League of Conservation Voters for a […]

  • Pax With the Devil

    Enron is seldom called “socially conscious” these days — but that’s how some investment companies routinely described the company in the not-too-distant past. The Pax World Balanced Fund, which promotes investing in good corporate citizens, and the Domini 400 Social Index and Calvert Social Index, which screen stocks based on social and environmental criteria, all […]