| | Other topics
News articles on green business
Mongabay.com news articles on green business in blog format. Updated regularly.
(05/13/2007) Citigroup said last week that it plans to spend $50 billion towards mitigating climate change, mostly through investments in clean energy and 'alternative technology' over the next 10 years.
Apple defends green credentials, promises to do better
(05/04/2007) In a open letter posted Wednesday, Apple Inc. CEO Steve Jobs countered claims by green groups that the iPod and computer maker lagged in recycling and removing toxic chemicals from its products. He said the company is already an industry leader when it comes to the environment and that Apple will continue to reduce its impact on the planet.
Cleantech investment booms, but energy tech bubble looms
(04/30/2007) Investors are pouring money into clean technology, with spending on R&D rising to $48 billion in 2006, up 9% from 2005, reports a new study by Lux Research, an emerging technology research and advisory firm. However, the report warns that the energy technology sector is showing signs of a bubble, with initial public offering (IPO) values and venture capital deployments more than doubling last year.
Dutch plan restricts biofuels that damage environment
(04/29/2007) The Netherlands has proposed a system to reduce the environmental impact of biofuels production. The country becomes the first in the world to establish such guidelines. Environmentalists have expressed increasing concern for the establishment of energy crops in biodiverse and carbon-rich ecosystems like the peatlands of Indonesia and the Amazon rainforest. They say that conversion of these forests for oil palm and soybeans is threatening endangered species and worsening global warming. Further, they warn, demand for such biomass energy products is driving up prices for food crops.
Dutch will demand rainforest-friendly palm oil
(04/27/2007) In a report scheduled to be released today, the Dutch government will outline criteria for growing biofuels in a more sustainable manner. The guidelines will be closely watched by the rest of Europe, which is currently struggling with the environmental pros and cons of large-scale energy crop production, especially in ecologically-sensitive areas like the Amazon and Indonesian rainforests.
Measures to drive adoption of super efficient cars in the U.S.
(04/11/2007) To reduce its growing dependence on foreign oil the United States could implement relatively low-cost measures to put millions of super efficient vehicles on American highways, said energy efficiency expert Amory Lovins of the Rocky Mountain Institute in a speech at Stanford University. The measures could significantly cut oil usage, help fight climate change, and make U.S. roads safer.
Palm oil doesn't have to be bad for the environment
(04/04/2007) As traditionally practiced in southeast Asia, oil palm cultivation is responsible for widespread deforestation that reduces biodiversity, degrades important ecological services, worsens climate change, and traps workers in inequitable conditions sometimes analogous to slavery. This doesn't have to be the case. Following examples set forth by the Roundtable on Sustainable Palm Oil and firms like Golden Hope Plantations Berhad, a Malaysian palm oil producer, oil palm can be cultivated in a manner that helps mitigate climate change, preserves biodiversity, and brings economic opportunities to desperately poor rural populations.
Eco-friendly palm oil could help alleviate poverty in Indonesia
(04/03/2007) The Associated Press (AP) recently quoted Marcel Silvius, a climate expert at Wetlands International in the Netherlands, as saying palm oil is a failure as a biofuel. This would be a misleading statement and one that doesn't help efforts to devise a workable solution to the multiplicity of issues surrounding the use of palm oil.
Littering with new plastic might not harm dolphins, sea turtles
(03/28/2007) A new environmentally friendly plastic that degrades in seawater may make it possible to toss plastic waste overboard without killing turtles, dolphins and other marine life, according to research presented at the 233rd national meeting of the American Chemical Society by scientists from the University of Southern Mississippi.
Cell phone batteries could be powered by OJ
(03/26/2007) Researchers at Saint Louis University in Missouri have developed a fuel cell battery that can run on virtually any sugar source -- from orange juice to tree sap -- and may last three to four times longer than conventional lithium ion batteries.
Plug-in cars could help fuel Austin power grid
(03/12/2007) The city of Austin, Texas hopes to launch an ambitious plan using plug-in electric cars to reduce pollution and improve power grid management, reports an article in today's Wall Street Journal. Under the initiative put forth by Roger Duncan, deputy manager of Austin Energy, the city-owned electric utility, and backed by mayor Will Wynn, the plug-in electric cars would serve as sort of giant battery from which the city grid could draw power during peak demand.
Balloon technology could cut cost of solar energy 90% by 2010
(02/21/2007) With high energy prices and mounting concerns over human-induced climate change, there is intense interest in renewable energy, especially solar, which produces no pollution and is readily available in the form of sunlight. In recent years, however, the solar energy market has been hampered by supply shortages of refined silicon, the critical resource needed for solar cell fabrication. Further, because solar installations traditionally require a large surface area to capture as much sunlight as possible, solar arrays often take up real estate, occupying land used agricultural production and other purposes. Without government subsidies, solar is not presently viable in many areas.
Green construction booms as housing market tanks
(02/21/2007) While the residential housing market goes bust, the green construction sector is weathering the storm nicely, according to an article in today's Wall Street Journal.
Carbon offset schemes damage environment says report
(02/21/2007) Existing carbon offset schemes are confusing and may be damaging the environment rather than helping fight climate change says a new report by the Transnational Institute, a Dutch pressure group that runs carbontradewatch.org.
Largest firms to cut global warming emissions
(02/20/2007) More than 100 top executives from the private sector and leaders of international governmental and non-governmental organizations unveileved a plan to cut greenhouse gas emissions. They said governments need to take immediate steps to stop global warming.
HSBC gives Smithsonian $8 million to study global warming impact on forests
(02/12/2007) HSBC, one of the world's largest banks, today announced an $8 million grant to the Smithsonian Tropical Research Institute (STRI) to fund the world's largest field experiment on the long-term effects of climate change on forest dynamics. The grant will enable STRI to expand the research capability of its Center for Tropical Forest Science, a network of tropical forest research stations across 20 sites in 17 countries.
$25 million prize to fight global warming
(02/12/2007) Friday Sir Richard Branson and Al Gore announced the establishment of a $25 million prize for the development of a technology that fights global warming by removing carbon dioxide from the atmosphere. The prize follows in the footsteps of the X Prize, a contest that was won by the SpaceShipOne rocket plane as the first privately developed craft to reach the boundary of outer space.
Wal-Mart looks to eliminate non-renewable energy product offerings
(02/01/2007) Wal-Mart Stores announced a new Sustainability 360 environmental initiative on Thursday, encouraging employees, suppliers, communities and customers to reduce the company's direct environmental footprint.
Starbucks, Earthwatch team up to improve eco-friendly coffee
(02/01/2007) Earthwatch Institute, a leading environmental volunteering organization, and Starbucks Coffee Company announced they will team up to support environmentally-friendly coffee plantations in Costa Rica..
California bill would outlaw incandescent lightbulbs to help fight global warming
(01/31/2007) This week California Assemblyman Lloyd Levine (D-Van Nuys) will introduce legislation that would ban the sale of incandescent light bulbs in California by the year 2012. Levine says that incandescent light bulbs waste energy and better, more-cost alternatives are available.
Savvy environmentalists challenge corporations to go green
(01/29/2007) Increasing rates of tropical deforestation in the 1970s and 1980s helped trigger the rise of several forest activist groups specifically interested in rainforests. Among the earliest of these organizations was the Rainforest Action Network (RAN). Founded in 1985 by Randall Hayes, RAN lead its first direct campaign in 1987 against Burger King, which at the time was using beef raised on deforested lands in Central America. In response to the nationwide boycott, which caused sales to drop 12%, Burger King canceled $35 million worth of beef contracts from the region and announced they would no longer import beef from the rainforest. Hailed as a major victory for rainforest protection, RAN initiated consumer boycotts of other firms engaged in destructive practices, eventually developing an effective strategy for promoting change at the corporate level. Today San Francisco-based RAN has expanded well beyond its original mission of protecting rainforests. Recently dubbed "the most savvy environmental agitators in the business" by the Wall Street Journal, the small but efficient organization (36 staff members and a $3 million budget) pressures some of the world's largest and most respected firms -- including Citigroup, Bank of America, JP Morgan Chase, Goldman Sachs, Home Depot, and Boise Cascade -- to adopt wide-ranging green policies that impact everything from where they source their energy to how they finance development projects.
Are Brazil nuts really sustainable?
(12/20/2006) A lot of rainforest conservation initiatives embrace sustainably harvested non-timber forest products (NTFPs) like seeds and nuts as a means to provide income to locals without harming the forest. Operating on the premise that such products are eco-friendly, hundreds of outfits ranging from Whole Foods to the Body Shop to Ben & Jerry's Homemade Ice Cream tout their use of sustainably harvested Brazil nuts and related products. But really, how sustainable are these products?
New Zealand implements 'green timber' policy
(12/19/2006) New Zealand's government will only buy timber and wood products only from legally and sustainably managed forests according to a new policy paper put out Monday by the minstry of forestry.
China launches green buying policy
(12/19/2006) China's Ministry of Finance and the State Environmental Protection Administration (SEPA) announced that starting in 2007, the country's central and provincial governments will prioritize their purchasing of environmentally friendly products and services.
Does green investing pay as well as conventional investing?
(12/18/2006) Socially responsible investing is now a major Wall Street trend. But the real question is this: Can you make as much dough when you're being virtuous?
How to cut paper waste when printing web sites
(12/07/2006) A new service reduces paper waste when printing web sites according to a column by Walt Mossberg in today's Wall Street Journal. Mossberg highlights GreenPrint, software that analyzes documents before printing to minimize paper waste.
Green computing - Dell releases energy-saving server
(12/05/2006) Dell released a premium line of energy-efficient servers that consume considerably less power than regular models, joining a list of firms that offer consumers 'greener' products.
Eco vacationers engage in cutting-edge environmental research
(10/24/2006) There is a species of vacationer who, like me, cannot do what vacationers are meant to do: relax. I am incapable of lying on a beach and sipping an umbrella drink while listening drowsily to reggae hits. I need to be doing something. And given the deteriorating state of our planet, I would prefer it be something useful. This is not about moral strength. It's simply a case of obstinate curiosity, and a certain kind of incurable restlessness. For people like me, there exists the "volunteer vacation." Habitat for Humanity is among the best-known organizations to arrange such trips, but there are others whose missions focus on environmental rather than social causes. Global Vision and the Earthwatch Institute, for example, offer motivated travelers the opportunity to transport their curiosity and energy to exotic locales.
World Bank says carbon trading will save rainforests
(10/24/2006) Monday the World Bank endorsed carbon trading as a way to save tropical rainforests which are increasingly threatened by logging, agricultural development, subsistence agriculture, and climate change itself. The World Bank report comes on the heels of a proposal by a coalition of developing countries to seek compensation from industrialized countries for conserving their rainforests to fight global warming. Brazil is expected to announce a similar plan at upcoming climate talks in Nairobi.
Google worried about global warming?
(10/17/2006) Google said it plans to build a solar-powered electricity system at its Silicon Valley headquarters that be the largest solar installation on any corporate campus in the United States.
Brazil proposes compensation plan for rainforest conservation
(10/16/2006) Last month Brazil proposed the establishment of a fund to compensate developing countries that reduce deforestation, a move that follows a similar initiative by a coalition of developing countries led by Papua New Guinea and Costa Rica. The scheme could help cut greenhouse gas emissions that result from forest clearing and conversion. Deforestation currently is responsible for 20-25 percent of such heat-trapping emissions.
Hospitals go green
(10/04/2006) Some hospitals are going "green" in an effort to cut pollution and toxic emissions that hurt the health of patients and surrounding communities according to an article in today's issue of The Wall Street Journal.
Wells Fargo Makes Largest Corporate Renewable Energy Purchase
(10/03/2006) Wells Fargo said today it will buy renewable energy certificates (RECs) to support generating 550 million kilowatt-hours of clean, renewable wind energy a year for three years. With this action, Wells Fargo becomes the largest corporate purchaser of renewable energy in the United States according to the U.S. Environmental Protection Agency.
California Oil Tax Pits Venture Capitalists Versus Big Oil
(09/27/2006) Oil firms are locked in a fierce battle with venture capitalists and environmentalists over Proposition 87, California's proposed oil tax, according to an article in today's issue of The Wall Street Journal. California votes on the initiative November 7.
Negative messaging not effective for green movement, finds study
(09/27/2006) New research suggests that negative messaging is not effective in convincing people to adopt green initiatives.
Shift from hard drives to flash may have environmental benefits
(08/29/2006) A leading technology research group says flash, or solid state memory drives may soon replace the standard hard drives in laptops. Over the past few years, flash memory technology has been claiming an increasingly sizeable share of the market, particularly in the form of USB drives. According to the Gartner Group, the NAND flash market has grown from 1.56 billion in 200 to 11.42 billion in 2005, with even higher projections for the next two years. This summer, Samsung set a new bar by releasing computers that utilize flash memory storage, negating the need for traditional magnetic disk media. The implications of a shift for laptops are significant for a number of reasons including changing performance demand, market trends and investment opportunities. Unconsidered at this point, but nonetheless compelling, is the possible environmental impact of such a transition.
World's largest cities sign climate pact
(08/02/2006) While the Bush administration refuses to take legistlative steps to fight climate change, 22 of the world's largest cities joined forces Tuesday in a global warming pact aimed at reducing greenhouse gas emissions. Launched by former President Bill Clinton's foundation, the initiative will provide technical assistance to help cities become more energy efficient and allow them to pool their resources to reduce the cost of energy-saving product purchases.
Arguing climate change to an energy executive
(07/25/2006) Earlier this month I had the opportunity to make a pitch to "Mike," a top executive of a major energy company, about climate change and green energy. Mike said he didn't believe humans are influencing climate or that green energy is a key factor in the future business of his firm, "EnergyCo." I tried to persuade him otherwise, not by focusing on the science of climate change but on economics and market opportunities. It's not that science isn't important--I just didn't want to get caught up in an argument about core beliefs, which is akin to arguing over religion.
Northern Ireland madantes green energy for new buildings
(07/25/2006) The changes, which all apply to all new homes, company and public buildings, will make micro-generation, such as solar panels to heat hot water, solar photo voltaic panels on roofs to generate electricity or small wind turbines for houses, mandatory in under two years.
Saving the world in six "easy" steps
(07/06/2006) General ideas toward a future where I won't have to apologize to my grandkids. Lots of people more intelligent than I am have theorized ways to "save the world" in terms of the preserving the environment in its current condition for future generations. Without getting too specific I believe there are six key concepts to address in achieving this goal.
Consumers want environmentally friendly computers
(06/26/2006) A study conducted earlier this year by Ipsos-MORI on behalf of Greenpeace found that consumers say they would be willing to pay more for an environmentally friendly computer. The amounts ranged from $59 in Germany, $118 in UK, $199 in China and $229 in Mexico.
Buffet to give nearly $31 billion to Gates foundation
(06/25/2006) In an interview with Fortune magazine, Berkshire Hathaway Chairman Warren Buffett announced he will give nearly $31 billion -- most of his wealth -- to the Bill and Melinda Gates Foundation. The decision comes shortly after Mr. Gates said he would leave Microsoft to work full time with his philanthropic organization, which is dedicated to bringing innovation to global health and education.
Private sector trying to improve environmental, social performance says UN report
(05/11/2006) A growing number of business and industry groups are making efforts to improve their environmental and social performance, especially in such fields as global warming, but more still needs to be done, according to a new United Nations report released today.
Wal-Mart protects California forest
(05/03/2006) Last week Wal-Mart announced a $1 million grant to the Pacific Forest Trust to protect 9,200 acres for forest in Northern California near the towns of McCloud and Pondosa. The grant -- supported by the National Fish and Wildlife Foundation -- will be used in conjunction with funds from the Richard and Rhoda Goldman Fund to connect 2.1 million acres of protected forestlands in the Klamath-Cascade region.
Report makes case for regulating carbon dioxide emissions
(04/05/2006) A new report evaluating air pollution trends at the nation's 100 largest electric power producers shows that emissions of sulfur dioxide (SO2) and nitrogen oxides (NOx) have fallen markedly in recent years, but carbon dioxide (CO2) emissions increased and will likely spike in coming years. The report comes amid increasing public concern and intensifying pressure for limits on heat-trapping emissions from U.S. power plants and rising investor concern about companies' long-term financial risk from climate change. In the absence of federal regulations, business uncertainty is growing as more U.S. states and regions move to enact their own limits on CO2 emissions from power plants. The U.S. government has opted for voluntary controls on carbon dioxide, but last year the U.S. Senate adopted a resolution calling for mandatory emission limits.
California plans to cut greenhouse gas emissions
(04/04/2006) California plans to introduce legislation that will impose binding limiting on future greenhouse gas emissions. The state aims to cut current levels of emissions 10 percent by 2020, to bring pollution in line with 1990 levels. It would become the first state to implement mandatory controls on greenhouse gasses.
Taking Care of Business: Diapers Go Green
(04/02/2006) Every year some 20 billion disposable diapers are dumped into landfills throughout the United States, generating approximately 3.5 million tons of waste which can take 500 years to biodegrade. Besides creating huge amounts of trash, most disposables are made from materials whitened with chlorine in a process that produces dangerous toxins such as dioxin, furans and other organic chlorines. Cloth diapers--often touted as environmentally superior to disposables--have drawbacks as well, requiring large amounts of water and pesticides, in addition to going through a similar bleaching process. So what's the ecologically responsible alternative? Well, it may come from the land down under. An Australian couple has developed a diaper that is not only biodegradable but serves as a benchmark for green design in that it gives more to the environment than it takes. "gDiapers", as the product is known, was recently awarded the prestigious "Cradle to Cradle Design Certification Award" from MBDC, a design consulting organization that stresses green design. The diaper is the first packaged consumer product to be so honored.
Organic farming is eco-friendly finds study
(03/06/2006) A new study confirms the notion that organic farming is an environmentally friendly alternative to conventional agriculture.
The Greening of Wal-Mart?
(02/08/2006) While Wal-Mart is a favorite target for a broad spectrum of activist groups, the world's largest retailer has taken a number of steps in recent months to improve the environmental sustainability of its operations.
Investors with $31 trillion pressure firms on climate change
(02/01/2006) A group of 211 institutional investors with assets of $31 trillion under management is writing to 1,933 of the world's largest public companies asking for the disclosure of investment-relevant information concerning their greenhouse gas emissions.
Page 1 | Page 2 | Page 3 | Page 4