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Big business is talking more these days about the need to reduce
greenhouse gas (GHG) emissions. Even long-time global warming denier
Exxon Mobil feels the need to publicize
what it is doing in this regard. Claims of reductions in GHG are not,
however, meaningful unless those emissions are being estimated
consistently to begin with.
The Supreme Court on Wednesday slashed the $2.5 billion punitive damages award in the Exxon Valdez disaster to $500 million, a decision that could have broader implications for limiting how much courts can order businesses to pay.
You might have heard the story about General Motors Vice Chairman Bob Lutz. At a recent closed-door meeting with reporters, the 76-year-old, who's in charge of product development said he thinks global warming theory is "a total crock of sh*t" and that hybrid cars "make no economic sense."
Oxy is Occidental Petroleum, the California-based company that pulled a fortune from this rain forest from 1972 to 2000. It is also the company that Maynas and other Achuar leaders now blame for wreaking environmental havoc -- and leaving many of the people here ill.
Some of the largest multinational oil companies in the world -- including the U.K. and Dutch owned Shell, the French company Total, and the American companies Mobil and Chevron -- are responsible for the bulk of the scores of gas flares burning in Nigeria.
European Union officials told leading automakers to make deep cuts in tailpipe emissions of the cars they produce or face fines that could reach billions of euros. Companies including Volkswagen and Renault immediately promised a fight to weaken the proposed legislation.
The South Korean Coast Guard said Monday that it had arrested the captains of a barge owned by Samsung Heavy Industry and a tugboat that caused an oil spill this month, the nation's worst.
The official UN Global Compact Office's response to the Alliance for a Corporate-Free UN's letter of January 29, 2002 is posted here. It is important to note two salient points: First, the "response" does not address the key issues raised in the international Alliance's letter, but rather changes the subject and focuses on criticizing CorpWatch staff and supposed ''inaccuracies'' in CorpWatch's recent ''Greenwash +10'' report. Second, the letter itself inaccurately portrays the positions and critiques contained in the CorpWatch report, labeling the Alliance's ongoing disagreement with the Global Compact's approach as a ''misunderstanding,'' and the wrong view.
Neighbors of a former IBM plant in New York state sued the company on Thursday, saying it released chemicals into the air, ground and water for nearly 80 years that caused birth defects and cancer.
Appleton Estates seemed to have solved the centuries old problem of what to do with distillery waste when they started a new project eight years ago. However, they are yet to convince regulators and locals that it is a viable option.
BP is accused of investing a large sum of money to extract oil from the Canadian wilderness using environmentally unsound methods.
A nonprofit group has found that Wal Mart's wood products use timber from a Russian region rife with illegal logging.
Buying green may not be so easy.
Western anti-coal coalitions of environmentalists and non-environmentalists are becoming more effective at dampening new efforts to build coal plants.