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Weekly Green Business Wrap-Up

| Friday October 17th, 2008 | 0 Comments

Rochester Institute of Technology announces first green doctoral programRochester Institute of Technology Offers the First Green Doctoral Program

New York State has approved the first doctoral degree in sustainability to be offered by the Rochester Institute of Technology. The program, presented by the RIT Golisano Institute of Sustainability, focuses on sustainable production. The goal is to advance research and education in alternative energy development, green product development, industrial ecology, and pollution prevention.

Rocky Mtn. Institute and AASHE partner with colleges to fight global warmingRocky Mountain Institute and AASHE Partner with Colleges to Pursue the Best Weapons to Battle Climate Change

Keeping with our higher education theme, the Rocky Mountain Institute and the Association for the Advancement of Sustainability in Higher Education have announced a partnership with 12 colleges to study best practices for reducing greenhouse gas emissions and other strategies to fight climate change. The announcement of the program and the selection of the participating colleges was made by the institute earlier this week. 

Solid Ram Device will help IT become more energy efficientDensity Dynamics Begins First Production Run of New Solid Ram Device

Density Dynamics Corporation announced yesterday the release from R&D into the first production run of its new solid ram device (SRD). The SRD product line addresses the cost, footprint, and high performance requirements of IT, most particularly the energy use problems of transaction oriented data centers identified by IBM’s Project Big Green. Density Dynamics is a pioneer in the field of green solid RAM storage devices.

California unveils latest plan to reduce greenhouse gas emissionsCalifornia Unveils Latest Plan to Curb Greenhouse Gas Emissions

ON Wednesday the California Air Resources Board released a comprehensive climate change plan that, if approved, will impact every sector of the state’s economy. The plan is in line to meet the goals of the Global Warming Solutions Act of 2006 calling for a reduction in California’s greenhouse gas emissions to 1990 levels by 2020.

Carbon TradeEx America launches in April of 2009Kielnmesse Group Announces Launch of Carbon TradeEx America in April

Building on the success of Carbon Forum America organized earlier this year in San Francisco, the Koelnmesse group announced earlier this week the launch of Carbon TradeEx America, set to take place April 7–9, 2009 at the Walter E. Washington Convention Center in Washington, D.C. Carbon TradeEx America will be an opportunity to help “engage in a dialogue with market participants and low-carbon technology suppliers about the business opportunities presented by the emerging carbon markets in the United States”, says Carbon Markets & Investors Association president Abyd Karmali.

 

Wells Fargo Launches Sustainability FundWells Fargo Launches Its First Sustainability Fund

 Ah, the joys of investing and banking these days! Wells Fargo Funds Management announced the addition of a Social Sustainability Fund to their lineup of 125 mutual funds in the Advantage Funds family. The fund will invest in 30 to 50 large caps funds that demonstrate strong business fundamentals and whose stock price is trading at a discount (aren’t they all right now?). Overlaying those criteria fund managers will consider environmental, social, and governance (ESG) factors as well as a social responsibility index (SRI) screen when determining their stock picks.


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