Put simply, a tax shift means to cut one tax and replace it with another—such as to cut income and/or payroll taxes, and put a carbon price in their place. This is called a “tax swap” or “revenue neutrality,” and a diverse group of stakeholders–ranging from Citizens Climate Lobby to ExxonMobil–are coming out in support of it.
Category: Climate & Environment
This category is climate change in relation to sustainability and CSR and how these segments effect one another. This includes how climate change has started to cause a wide range of physical effects with serious implications for investors and businesses, and how the business sector discloses climate risks and manage them.
A lot of attention has been focused on the Indian Point nuclear plant, in Buchanan N.Y., just 38 miles from New York City. The license for Unit 2 actually expired last September, and New York Gov. Andrew Cuomo would like the plant closed.
In the meantime, ConEd and the New York State Energy Research & Development Authority (NYSERDA), have developed a program to reduce energy demand, reducing the need for generating capacity and making the prospect of eliminating the plant more feasible.
Despite a nearly 30 percent decline in cigarette smoking in the U.S. over the past decade, cigarette butts are still the most littered item across the country and the planet, according to Keep America Beautiful. To tackle this litter problem locally, Bridgestone Arena, home to the Nashville Predators of the NHL, has teamed up with the Nashville Clean Water Project and upcycling company TerraCycle to collect and recycle cigarette butts discarded at the sports and concert venue.
The U.S. EPA has announced that it will use its authority under the Clean Water Act to block development of a proposed copper mine at Bristol Bay, Alaska, that could have a devastating impact on the local salmon industry.
According to a recent CDP poll of 110 cities around the world, 98 percent of cities are reporting risk from climate change. But 71 percent of these cities are putting resilience plans in place to some extent, according to speakers at this year’s Climate Leadership Conference.
Carbon capture and storage technologies, designed to reduce emissions, are getting a better reception in the U.S. than in Europe, according to Technology Centre Mongstad (TCM), a Norwegian firm that tests the technology. A CNBC report based on interviews with TCM executives says the U.S. is a “more welcoming place” for CCS technology, at least at the moment, because Europe is recovering from a debt crisis and recession.
China is infamous for its dangerously high levels of air pollution, and now one man is suing the government for failing to reduce the toxic smog. Li Guixin, who lives in a major industrial region of northern China surrounding Beijing, filed a complaint with a district court, urging the city’s environmental department to improve its efforts to control air pollution, Reuters reported last week.
Tim Cook, Apple’s CEO and successor to Steve Jobs, is generally known as a man who, unlike his predecessor, has a cool head, and does not let his emotions influence his decisions or his behavior on the job. But that is apparently not the case when it comes to global warming. Nothing seems to get him steamed up more than a group of climate deniers, like the group that recently attended Apple’s annual shareholder meeting last Friday.
The U.S. Environmental Protection Agency (EPA) this past week invoked Section 404(c) of the Clean Water Act in initiating a process “to identify appropriate options to protect the world’s largest sockeye salmon fishery in Bristol Bay, Alaska from the potentially destructive impacts of the proposed Pebble Mine.”
The first years of this century saw an enormous land grab in the developing world: 500 million acres, an area eight times the size of Britain, was bought or leased by speculators. This often occurred at the expense of food security and land rights.
The Earth loses 50 soccer fields’ worth of forest land every minute of every day, according to data from the University of Maryland and Google. But a joint effort from the World Resources Institute (WRI), Google and a group of 40 other businesses, governments and nonprofits aims to reduce that staggering statistic. Last week, the team of public-private partners launched Global Forest Watch, an online forest monitoring and alert system that seeks to reduce deforestation and improve forest management worldwide.
A California city government enacting a strict energy efficient building code and installing electric vehicle charging stations, a wireless provider reducing its carbon footprint by more than 18 percent and a university campus with 19 LEED-certified buildings – these were just a few of the winners of this year’s Climate Leadership Awards from the Environmental Protection Agency (EPA). Announced Wednesday, 19 awards recognized 15 organizations and two individuals in both the public and private sectors for their leadership in addressing climate change by reducing greenhouse gas emissions.
Rex Tillerson, ExxonMobil’s chairman and CEO, is part of a lawsuit seeking to block construction of a 160-foot water tower adjacent to his and his wife’s Bartonville, Texas home. The tower will supply water to a nearby hydraulic fracturing site.