Climate Technology
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Warmer weather causes Big Retail to lower profit forecasts
A dozen leading U.S. retailers are reducing profit forecasts and blaming warmer weather for contributing to slumping sales. Retailers plagued by lower-than-expected September earnings included Nordstrom, Target, American Eagle Outfitters, Limited Brands, and JCPenney, all of which have had trouble moving autumn and winter clothing. Our suggestion: prove those reduced-profit predictions right by buying your […]
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Stabilizing climate means embracing technology, public investment, and global economic development
The following is a guest essay by Ted Nordhaus and Michael Shellenberger, the latest in the ongoing conversation about their new book Break Through: From the Death of Environmentalism to the Politics of Possibility. —– This week saw a watershed moment for those of us committed to moving environmentalism from a politics of limits to […]
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AEP settlement exempts company from enforcement for 10 years
Earlier this week brought news of a settlement agreement between utility giant American Electric Power and the U.S. EPA in which the company agreed to install some $4.6 billion in pollution controls at some of its power plants and pay over $70 million in penalties and cleanup costs. Today, The Washington Post reported that the […]
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Shellenberger & Nordhaus echo flawed economic assumptions
I just finished reading Shellenberger & Nordhaus' latest, and while I realize I am a bit late to the party, I think they say some fascinating things -- perhaps not for the reasons they intended.
S&N manage to succinctly distill an awful lot of the ideas that are core not only to policy debates on carbon, but to policy discussions of any major change to the economy. Understanding these biases is critical to understanding why S&N write what they write, but also why they are so deeply wrong.
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Yogurt-maker Dannon agrees to pay fine, treat wastewater in EPA settlement
International yogurt giant Dannon has agreed to pay a fine of $71,350 and install a multimillion-dollar automated wastewater control system as part of a settlement with the U.S. EPA. There have been some 10 illegal discharges over the past few years at the company’s 3-million-cup-a-day yogurt plant in Ohio — and it’s not just spilled […]
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Green investment funds are taking off
Eco-friendly investment funds are sssssssssssmokin’!
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Publisher will produce first eco-friendly Bible
Coming soon to a hotel room near you: the first green Bible, expected to hit the scene later this month from publisher Thomas Nelson. The Charles F. Stanley Life Principles Daily Bible — which perhaps includes the 11th commandment “Thou shalt be principled”? — will be certified by the Forest Stewardship Council and contain recycled […]
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Big-biz coalition will pressure suppliers to report emissions
At least six of the world’s largest companies have banded together to urge their suppliers to report and mitigate greenhouse-gas emissions. Joining together as the Supply Chain Leadership Coalition and partnering with the Carbon Disclosure Project — which is also working with Wal-Mart — companies including Procter & Gamble, Unilever, Tesco, Nestlé, Imperial Tobacco, and […]
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What should I ask a carbon offset expert?
Sorry for the late notice, but tomorrow at 1pm (Pacific) I’m interviewing Dan Kalafatas, president and COO of 3 Degrees, a new outfit that delivers "customized, global climate change solutions to U.S. businesses, utilities and institutions." In English, that means they sell offsets and RECs to businesses, work with utilities to establish green power pricing […]
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The U.S. Dept. of Energy’s voluntary emission reduction reporting program worthless
Some disturbing findings on the U.S. DOE’s voluntary climate registry program, at least as regards electric utilities: A new study by Lyon and U-M doctoral student Eun-Hee Kim shows that about 60 percent of companies that voluntarily participate in the Department of Energy program show increases in greenhouse gas emissions rather than decreases. Surprisingly, the […]