Climate Technology
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Companies are greening but progress is limited, says report
Hardly a day goes by without some U.S. company touting its green credentials, but don’t get too optimistic about corporate eco-friendliness. Consulting company Greener Media studied companies’ performance on 20 economic and environmental indicators, from alternative-fuel vehicles to telecommuting to pesticide use, and has published the results in a new 65-page report. Only eight of […]
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The Big Three attempt to persuade other states of the danger of fuel efficiency standards
Automakers are ramping up their PR effort to persuade states not to adopt California’s auto emission standards, which they fear will survive the Bush administration’s latest monkey wrench. But their arguments are as silly as ever: Dave McCurdy, chief executive of the Alliance of Automobile Manufacturers … said the California-inspired initiative would result in a […]
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Biz to gov: no, you first
Despite all the hype about the greening of the private sector, the big businesses of the world largely don’t rate climate change as a top priority: Nearly nine in 10 of them do not rate it as a priority, says the study, which canvassed more than 500 big businesses in Britain, the US, Germany, Japan, […]
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Grist’s Today show appearance falls through, fans mourn
To all our devoted fans who sat in front of the TV this morning waiting for a Grist-tacular appearance on NBC's Today show, we apologize. Due to Today's relatively tight schedule and an earlier interview that ran overtime, Grist's Katharine Wroth was pulled from the show before she made it on stage.
Alas, the world is a much less-informed place than it could have been.
As a consolation, you can read some of the tips Katharine would have offered, now conveniently expunged of all references to the show. Enjoy! -
WV Supreme Court to get out of bed with Blankenship, reconsider his case
A while back, loathsome mountaintop-mining outfit Massey Energy was hit with a $50 million judgment in a West Virginia court, in a ruling that they had illegally driven other area mining companies out of business. They appealed to the W. Va. Supreme Court, which overturned the ruling in a vote of 3-2. Later, pictures turned […]
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Al Gore’s cable TV network plans to sell shares
Want a piece of Al Gore? Here’s your chance (kind of): The cable television network Gore cofounded, Current Media Inc., is planning to go public. Current TV is aimed at socially minded young folk and is largely composed of viewer-created content.
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Intel replaces PepsiCo as biggest U.S. buyer of alternative energy
Tech giant Intel has announced that it will buy 1.3 billion kilowatt hours of renewable energy credits a year, making it the biggest U.S. buyer of alternative energy. Previous record-holder PepsiCo is bumped into second place with a purchase of 1.1 billion kilowatt hours annually — but if Pepsi’s advertising is to be believed, every […]
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Schmeiser to play David to Monsanto’s Goliath again
Most of you will recall the high-profile battle fought by Saskatchewan farmer Percy Schmeiser when he was sued for growing their GM seed without tithing to the corporation for the privilege.
Schmeiser insisted that Monsanto's patented DNA blew onto his land, but he lost an acrimonious fight in Canada's Supreme Court anyway. Now Percy's back for more.
Schmeiser has filed suit against the agribusiness giant in his Bruno, Saskatchewan, small claims court for C$600, claiming damages when Monsanto's GM seed blew onto his land, which he had to pay to have removed so that he could plant mustard. His contention is that the GMO rapeseed plants (aka canola) are pollution, and polluters should pay.
In a telling move, Monsanto agreed to pay if Schmeiser would agree to a gag order preventing him from discussing the case or its settlement. Needless to say, the feisty Mr. Schmeiser isn't having any.
There are more details in The Guardian.
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Conventional oil will peak within seven years
The oil company with the best strategic planning says the day of reckoning is nigh:
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Could alternative energy companies drive the next big market bubble?
In case you missed it, the Dow Jones Industrial Average experienced a violent and exhausting 1,000-point swing the past week, down 450 points on Tuesday before trimming its losses and then tumbling 330 points on Wednesday before rebounding with a 299-point gain.
It's not the only financial freefall of late. The housing market bubble was punctured last fall and has been leaking like the Hindenburg ever since. (And long before that, the economy experienced the dual dot-com and technology implosions in the spring of 2000.)
Photo: iStockphotoAll of which is to say, it's probably safe to assume most Americans are familiar with what a financial bubble looks like when it bursts. But how many of us could spot a bubble in the making?
Eric Janszen believes he can. In fact, the president of iTulip.com predicts the next bubble is going to be green -- not as in the color of money, but as in alternative energy companies, suppliers, and technologies. If Janszen's right (and he's got a pretty good pedigree in all things bubbles, having had a front-row seat at the dot-com debacle and now as founder of a website that tracks financial dislocations), it could be the mother of all bubbles.