Talk about sending mixed messages to the Copenhagen talks. Yesterday, Steve blogged about how one Obama government agency – the Import -Export Bank had approved $3 billion for an Exxon gas project. The move was a clear sop to the fossil fuel industry. Hours later, the Obama Administration said it would regulate greenhouse gases, a … Read More
carbon reduction
The Trillion Dollar Wake Up Call
Tackling climate change can have a significant impact on your company’s value to the total of $7 trillion, according to a new report by the London-based Carbon Trust. The report, based on analysis by McKinsey & Co, found that companies’ futures will be highly dependent on how well prepared they are for the move to … Read More
Carbon Credits: Getting Money for Nothing…
Evidence of serious flaws in the multi-billion dollar global market for carbon credits has been uncovered by a BBC World Service investigation. The credits are generated by the UN Clean Development Mechanism (CDM) scheme. The mechanism gives firms in developing countries financial incentives to cut greenhouse gas emissions. But in some cases, carbon credits are … Read More
UNEP Urges People to “Kick the CO2 Habit”
Tomorrow, if you did not know, is World Environment Day 2008. To mark the occasion , UNEP has joined a growing list of organizations that argues that adopting a climate-friendly lifestyle needn’t require drastic changes or major sacrifices. One of the reports being launched tomorrow is a kind of Rough Guide to low carbon living, … Read More