Climate change is forcing companies of all sizes to rethink the way they do business.. to find ways to sustain growth in a low, rather than high, carbon economy.
Popular Articles
Could capping carbon emissions recover the economy and create jobs? - 19 Nov 2008
Eight nations warn EU over biofuel barriers - 07 Nov 2008
Count on green demand - 20 Nov 2008
Underground “nuclear batteries” promise zero-carbon power - 11 Nov 2008
Energy agency sees oil price rising to $200 a barrel - 07 Nov 2008
BP profits slide 22 per cent The Independent Oil giant BP has capped a turbulent 2007 with a 22 per cent fall in profits to 17.29 billion US dollars (£8.76bn). The company lost long-serving head Lord Browne - who resigned last May after lying to a court in a bid to block stories about his private life - and has faced criticism over the March 2005 explosion at its Texas City refinery, where 15 workers died. Its results contrast with rival Royal Dutch Shell, which last week posted record profits of almost £14 billion. |
| CITIGROUP, JPMORGAN and MORGAN STANLEY unveil ‘Carbon Principles’ Environmental Leader Citigroup, JPMorgan Chase and Morgan Stanley have announced new standards that will make it harder for companies to get financing for the construction of coal-fired power plants in the US, the Wall Street Journal reports. According to Reuters, the banks will form “The Carbon Principles,” climate change guidelines for advisors and lenders to power companies in the U.S. The banks say the move is in anticipation of the government capping GHG emissions in the coming years and that the biggest motivation for it was financial. The new standards are the result of nine months of negotiations among the banks, environmental groups, and large utilities. |
| DOMINION to convert Bremo Power Station from coal to natural gas Webwire Dominion is proposing to convert its Bremo Power Station in Fluvanna County from coal to natural gas fuel as part of its plan to build the Virginia City Hybrid Energy Center in Wise County. The net result would be more electricity to serve Virginia’s growing needs while reducing air emissions at the same time.
|
| DOW CHEMICAL awards ‘Methane Challenge’ grants to Cardiff and Northwestern Universities CSRwire The Dow Chemical Company recently announced that Cardiff University and Northwestern University have been awarded research grants which together total over $6.4 million as part of the 2007 Dow Methane Challenge to advance alternative feedstock research.
|
| GM starts big push to green its Chinese operations GreenBiz As part of a wide-ranging effort to drive sustainable growth in China, General Motors will fund a $250 million research center in Shanghai, and the automaker's Chinese division has launched a three-pronged strategy to address its environmental impacts.
|
| GREEN GRID to announce new datacentre efficiency standards businessGreen Green IT group set to unveil raft of new materials to help IT managers cut datacentre energy use.
|
| HP releases more 'green' machines ZDNet.co.uk HP is continuing to position products as being designed with the environment and efficiency in mind. The HP Compaq dc5800 Business PC comes with an Intel Core 2 Duo processor, as well as remote power-management software. HP has claimed users can reduce processor heat and energy costs using the system's 80 Plus power supply, and manage power and sleep settings more efficiently to increase the useful life of the device. |
| JPMORGAN greens HQ Environmental Leader JPMorgan Chase is making its 50-story headquarters at 270 Park Avenue in Manhattan more environmentally-friendly and it’s doing it ten stories at a time, starting at the top with rooftop vegetation. Also on the roof, drains will collect rain water that will be stored in a 55,000 gallon basement tank to later be used in toilets. The company estimates that more efficient lighting, heating and cooling systems will reduce energy consumption by 30 per cent. |
| NYC GREEN CAR - a hybrid-only car service company GreenBiz New car service company, Green Car, as launched its hybrid-only fleet in New York reports GreenBiz. The company uses 2007 or 2008 hybrid models equipped with global positioning systems for navigation.
|
| NOKIA joins WWF Climate Savers with key energy initiatives ENN Nokia has joined the WWF Climate Savers program with a pledge to improve energy efficiency and reduce carbon dioxide emissions across its business. Energy savings include using green electricity to power 50 per cent of its facilities by 2010 and reducing the overall energy needs of its sites by six per cent by 2012.
|
| The PAPER MILL STORE partners with Carbonfund.org to offer carbon neutral shipping CSRwire The Paper Mill Store has announced it has offset 100% of the carbon emissions produced by its outbound product shipping through the purchase of carbon offset credits from Carbonfund.org. The company estimates that this offset purchase will reduce carbon output by as much as 115 tonnes per year.
|
| YouSustain.com saves people thousands while fighting climate change Webwire Website, YouSustain.com, is focusing on the cost savings to people who adopt sustainability practices. "Just replacing incandescent bulbs and hang drying your laundry can save as much as $500 a year, and hitting $1,000 isn’t difficult" says founder Neil Thier.
|
| VANTAGE RESORT REALTY joins CarbonFree Program CSRwire Vantage Resort Realty has announced it will offset its carbon emissions with Carbonfund.org
|
