Climate Technology
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In landmark deal, utility will disclose climate-change risks
In a first-of-its-kind deal, utility Xcel Energy has agreed to give its investors detailed information about the risks that climate change poses to business. New York Attorney General Andrew Cuomo subpoenaed Xcel and four other utilities in September, asking them to determine whether their plans to build new coal plants posed undisclosed risks to investors […]
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Campaign calls on Brita to recycle water filters
With so many tons of disposable plastic being sent to landfills these days, six ounces doesn’t seem like a lot. Especially when you’ve bailed on bottled water in favor of a Brita pitcher and reusable bottle. But don’t you still hate throwing out that filter every three months? Beth Terry does. She wrote in her […]
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Two of world’s richest men visit Canadian oil sands
The richest and third-richest men in the world made a surprise visit to an oil-sands operation in the Canadian province of Alberta on Monday. Investor Warren Buffett and Microsoft founder Bill Gates, who are said to have a combined worth of $120 billion, “were exercising curiosity, basically saying, ‘Wow, this is neat,'” says Greg Stringham […]
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Pharma giant Lilly snaps up Posilac for ‘at least’ $300 million
A week or so ago, commenting on news that Monsanto was looking to unload its much-despised bovine-growth-hormone business, I offered this nugget of wisdom: Whatever company buys it probably won’t have Monsanto’s deep pockets. Hmmm. What’s that word again? Oh, yeah — W-R-O-N-G. (Hat tip to Jill of La Vida Locavore.) Today, Monsanto announced that […]
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Mayor has big clean-energy goals for NYC
New York City Mayor Michael Bloomberg touted clean energy Tuesday at, aptly, the National Clean Energy Summit. He said his city has issued a formal request to companies for ideas on how to source electricity from the wind, sun, and waves. “Perhaps companies will want to put wind farms atop our bridges and skyscrapers, or […]
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No schadenfreude over the death of SUVs
You know your product is in trouble when the housing analogies come out: The market for sport utility vehicles is starting to look a lot like the housing market, spreading pain to consumers, automakers and dealers … I am not sure this post qualifies as schadenfreude — since that has been defined as “largely unanticipated […]
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In L.A., Mayor Villaraigosa plays footsie with Forever 21 over site of former farm
Photo: loudtiger When I lived in New York City, I used to marvel at the weeds that would force their way up through sidewalk cracks. What a will to live, I thought: From clumps of dirt crammed between concrete slabs, these vigorous shoots fended off the hard, slapping heels of a thousand rushing city dwellers, […]
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Either we’ll be green or we’ll be poor
The United States trade deficit is threatening to upend globalization as we’ve known it. The rise in the price of oil has been leading to a similar result: an international trading system in which there is much less trading. Now, that may actually be a good thing, in the long-run, but in the case of […]
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Google.org invests in geothermal energy
Google.org, the philanthropic arm of the search giant, has announced a $10.25 million investment in geothermal energy technology. The money will back two start-up companies that specialize in enhanced geothermal systems (EGS), the process of pumping water underground to crack hot rocks and use the resulting steam to power a turbine and create electricity. “EGS […]
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Electric-car visionary would overhaul the way we get around
Could the global auto infrastructure be overhauled in a way that’s profitable for business, cheap for drivers, and easy on the planet? Meet Better Place‘s Shai Agassi and his plans for an electric-car future, featured in the latest issue of Wired. In Agassi’s vision, gas stations are replaced with omnipresent recharging spots for electric cars. […]