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GM’s Lutz: Wagoner is one of ‘the innocents,’ just ‘the mayor of a city hit by an earthquake’
GM Vice Chair Bob Lutz would be a hard man to like, even if he weren’t a global warming denier (see “GM is full of crocks“). He presumably thinks he and GM Chair Wagoner deserve the credit and the large salaries whenever GM is doing well. But when the company crashes — that is God’s […]
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Amid climate talks, World Bank considers $5 billion loan for most carbon-intensive project ever
The race for Most Hypocritical Actor at the climate talks in Poznan, Poland is a crowded one, to be sure, but the World Bank, in one swift move, has taken a commanding lead. Late last week, as World Bankers in Poland were lobbying delegates over pierogies and pate, word leaked out of South Africa that […]
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‘Eco-flation’ could hurt sales of consumer goods
The rising cost of doing business in a climate-changed world — aka, “eco-flation” — could hit some companies quite hard in the next decade if they don’t change their business practices to become more sustainable, according to an analysis by green group World Resources Institute. Companies that make consumer goods could see their earnings plummet […]
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If dumping GM’s Wagoner is part of the deal, get rid of Bob Lutz, too
The WSJ reports “Outside Pressure Grows for GM to Oust Wagoner” as part of any bailout deal. Great idea. GM’s Chair and CEO certainly shares of much of the blame for the company’s collapse. But I agree with SolveClimate and DeSmogblog, that Bob Lutz should also go. He is GM’s greenwasher and global warming denier […]
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Ted Turner chats about his outsized environmental hopes and ambitions
Ted Turner has always been — for better and for worse — a head turner. He revolutionized media with the first cable news station, CNN. He gave a cool billion to the United Nations. He won the America’s Cup. He married Jane Fonda. He bought the Atlanta Braves. He earned the moniker “Mouth of […]
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Economics of recycling getting much worse
The world economic slowdown has hit recyclers hard as prices for everything from metals to plastics to paper have fallen dramatically in the last few months. While the downturn hasn’t yet completely shut down many municipal recycling programs in the United States, in some areas the precipitous price drop has led recyclers to stop collecting […]
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Big Three auto execs pledge to become greener, more profitable
In a desperate, collective plea for up to $38 billion in government aid, executives from Detroit’s Big Three automakers told a Senate committee on Thursday they would start to crank out smaller, more fuel-efficient cars and streamline their businesses to stay afloat. “Now we are absolutely committed to exceeding our customers’ expectations for quality, fuel-efficiency, […]
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Sales of popular hybrid vehicles plunged in November
Sales of popular hybrid vehicles like the Toyota Prius and hybrid Honda Civic fell significantly in November, due to a poor economy, higher upfront costs for hybrids, and significantly lower gas prices nationwide. Hybrid Honda Civic sales fell some 68 percent last month while figures for the Toyota Prius show that its sales plunged about […]
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Shell greenwashes with a full-page WaPo ad
Shell’s Mad Men win the 2008 award for the most unintentionally ironic greenwashing ad. On Monday (and again today), Shell ran a full-page ad in the Washington Post on carbon capture with this image: Yes, Shell is apparently trying to catch CO2 with a net! Let’s hope they have better luck than either the Bush […]
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Bank of America will stop funding mountaintop-removal mining
In a big win for environmentalists, Bank of America agreed Wednesday to “phase out financing” to coal companies “whose predominant method of extracting coal” is mountaintop-removal mining. Green groups recently persuaded several BoA execs to visit ravaged Appalachian mountains. Ironically, the U.S. EPA just this week approved a rule change that makes mountaintop removal easier.
