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Big Pharma: The case for corporate climate responsibility
Today, Climate Counts is releasing our review of the pharmaceutical industry, and they’ve made for an interesting case: they are both extraordinarily profitable and have received the highest scores yet of any of the 14 industries on our Climate Counts Company Scorecard. But in spite of good scores on measurement and reporting, they’ve been weak […]
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The Climate Post: Waxman-Markey, Bonn, and carbon counting
The U.S. Congress fast-tracks climate legislation, international negotiators hash through the first “negotiating text” for year-end global talks in Germany, and big businesses start counting their carbon. The pile of climate stories this week climbed faster than predicted New England sea levels. The American Clean Energy and Security Act — aka Waxman-Markey, aka ACES, aka […]
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Our peak oil future? Electric vehicle startup unveils Chinese-made, $45K ‘economy’ car
Open one of those minimalist black boxes that contain a shiny new iPod and you’re greeted by five words — “Designed by Apple in California.” In much smaller print would be the phrase “Made in China.” Will Americans warm to a Chinese-built car when they can buy a domestic EV like the Chevy Volt for […]
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GM sells Hummer to China — the second mistake by those clueless new owners?
China’s Sichuan Tengzhong Heavy Industrial Machinery Company has agreed to buy the Hummer brand from GM for less than $500 million, according to a source familiar with the transaction -- well off its peak value of a decade ago.
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Nobelist Krugman slams Reaganite Feldstein on global warming economics
Nobel prize-winning NYT columnist Paul Krugman has been doing some terrific writing on the economics of climate action (see Climate action “now might actually help the economy recover from its current slump” by giving “businesses a reason to invest in new equipment and facilities” and Krugman strongly endorses Waxman-Markey). Now he has turned his attention […]
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Advice for the Chinese manufacturer who just bought Hummer
Tough enough to drive over the Great Wall?GM.comI can’t say as I know exactly what’s going through the minds of the top executives at Sichuan Tengzhong Heavy Industrial Machinery Company Ltd. who have reportedly just purchased the Hummer brand from GM. I’ll say one thing, though. I’m pretty sure they’re not Peak Oilers. Still, give […]
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Offsets are still counterfeit carbon credits
The arguments in favor of counterfeit carbon credits still fail no matter how often they are repeated Common talking points(TP) and replies(R) TP) Cap-and-trade will be too expensive if we don’t do offsets. And then we need a higher cap! R) Counterfeit carbon credits are just a back door way to raise the cap. It […]
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Has Obama saved Detroit from itself — or is that simply impossible?
You’re all gonna own a part of GM, so please, fellow owners, let me know what you think! Readers of Climate Progress understand two inescapable realities that the overwhelming majority of policymakers, the status quo media, and the car companies (with one exception) do not: Peak oil is inevitably going to drive up gasoline prices […]
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With green home venture, Sierra Club mixes profits with passion
Photo illustration by Tom Twigg / GristIt’s not unusual these days for big green groups to get in bed with business, but one of the oldest and most-respected environmental organizations — the Sierra Club — is going them one better by getting into business itself. The San Francisco-based Sierra Club has launched a for-profit online […]
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University president quits Massey board after green group campaign
After a 14-week campaign by green groups, Ohio State University President E. Gordon Gee stepped down from the board of directors of mountaintop-removal mining company Massey Energy today. Ohio Citizen Action, then Sierra Club, Greenpeace USA, Earthjustice, and Friends of the Earth, said that Gee’s relationship with Massey worked against his school’s efforts to develop […]