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Governator proposes tax on California oil drilling
As part of a package aimed to address California’s $11.2-billion budget deficit, Gov. Arnold Schwarzenegger on Thursday proposed a 9.9 percent tax per barrel on oil drilled in the state. The proposal, a flip-flop from the Governator’s opposition of a similar measure that failed two years ago, immediately garnered the ire of oil companies and […]
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JCPenney joins the ranks of green retailers
Say what you will about it, JCPenney is a survivor. The 106-year-old retailer has 1,093 stores lurking around the country, from Media, Pa. to Tempe, Ariz. Having made it through the rash of department store consolidations that gobbled up brands like Marshall Fields, and having fared better than some of its mid-range competitors — Sears […]
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NYC mayor proposes plastic-bag fee
Urging New Yorkers to bring their own sacks to Saks, Mayor Michael Bloomberg has proposed a 6-cent fee on plastic bags. One cent per bag would go to stores; the other nickel would go to the city, bringing in an estimated $16 million per year.
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Current climate warming trend hottest since human civilization began, study says
The current climate warming trend the Earth is experiencing is the most dramatic climate change since human civilization began some 5,000 years ago, according to a new Cornell University study published in the journal Ecology. Researchers also studied ecosystem changes caused by warming and glacial melt in the Arctic and North Atlantic and found major […]