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  • Global Warming: You Can Bank on It

    Dexia, a Franco-Belgian banking group, yesterday announced plans to launch an investment fund aimed at reducing global warming. Operated in partnership with the European Bank for Reconstruction and Development, the fund aims to raise $147.5 million to invest in energy-saving projects in central and eastern Europe. In addition to normal equity returns, investors will have […]

  • We're on the Road to Nowhere Good

    Despite the introduction of more eco-friendly cars such as the hybrid gas-electric Honda Insight, the American car fleet is more destructive to the environment than ever before, spewing record amounts of carbon dioxide, according to an annual ranking of new car models by the American Council for an Energy-Efficient Economy. The 10 most fuel-efficient vehicles […]

  • Cry Me a River

    A massive cyanide spill that has spread through rivers in Romania, Hungary, and Yugoslavia is being billed as the worst environmental catastrophe since Chernobyl. The Jan. 30 spill from a Romanian gold-mining operation has eradicated virtually all river life on 250 miles of the Tisza River, and has now made its way into the Danube, […]

  • Hangers — On!

    Hangers Cleaners is trying to edge out dry cleaners with a new eco-friendly cleaning system that uses biodegradable soap dissolved in liquified carbon dioxide, a substance considered so safe it is used to inject the fizz into soft drinks. Traditional dry cleaners rely on an industrial solvent, perchloroethylene (perc), which is believed to cause cancer […]