Last week, a group of Nobel prize-winning economists met, for the fifth time, in the German town of Lindau near the Austrian and Swiss border. This year’s meeting featured a special guest, German chancellor Andrea Merkel. Joining the notables are young economists from 80 countries, hoping to learn, become inspired, and perhaps reflect deeply on what role their science might play in shaping the future.
Category: Policy & Government
The U.K.’s Advertising Standards Authority ruled, in a case brought by the World Wildlife Fund, that Peabody Energy should not use the term “clean coal” to imply that coal is emission-free or “the solution for better, longer and healthier lives.”
Certified B Corporations and benefit corporations are often, and understandably, confused. They share much in common but have a few important differences.
Marc Hafstead of the nonpartisan think tank Resources for the Future, along with Lawrence Goulder of Stanford University, have come up with an idea that could potentially address two important problems in one broad policy action. The first, which is where they’ll likely began, is the problem of corporate inversions. No, that’s not corporations standing on their heads; it’s when they buy another company in a country with a lower tax rate so that they can begin paying taxes there instead of here in the U.S., where they receive the most government services. The other problem is climate change.
As oil-rich Azerbaijan prepares to host next year’s inaugural ‘European Games,’ the Azerbaijani government has stepped up its crackdown on activists speaking out against its abysmal human rights record. As of this writing, more than 20 human rights defenders have been detained by the government, including four of the country’s most prominent activists.
Uber stepped up its public affairs game by encouraging users to lobby the California legislature to vote against AB 2293, which could kill ridesharing altogether.
This is the latest in a series of wins for opponents of coal company plans to move coal through the Pacific Northwest on the way to Asian markets. But two major plans in Washington State, out of six original proposals, are still pending.
Social media sites like Facebook are tailored to help people connect with friends, similar experiences and views. But there’s a downside, says the U.S. State Department, when it keeps users from reaching outside their ‘bubble’ of friends and experiences and actually helps to promote unrest.
Corporate responsibility advocates were quick to label the story a win from a stakeholder engagement standpoint, and it surely shows what can happen when consumers take action. But it also begs the question: Why Walgreens?
It might seem like a strange partnership between a nonprofit and a huge nation, but it might work. TNC’s Conservation Blueprint project identified 32 regions that the organization and the Chinese government believe are most vital to the country’s environmental future.
Growth in 2013 was modest, but the U.S. continues to be a world leader in installed wind power capacity. Prospects for 2014-2015 remain cloudy, however, given the expiration of the federal PTC and policy uncertainty, according to two reports released by the Department of Energy.
“The 20th century economy was powered by big corporations that standardized everything because they never really knew their customers,” explains Brian Chesky, the 32-year-old founder of sharing economy darling AirBnB. “The 21st century economy will be powered by people.” Once again, it’s time to adapt or die.
Germany’s Munich City Utilities and Sweden’s Vattenfall announced they will invest $1.6 billion in building Sandbank, an offshore wind farm capable of producing 1.6 terawatt-hours of clean, renewable electricity.
If approved, Prop 47, known as the Reduced Penalties for Some Crimes Initiative, will reduce the penalty for most nonviolent crimes from a felony to a misdemeanor and direct the money saved from incarcerating fewer individuals — estimated to be between $150 million and $250 million each year — to a Safe Neighborhoods and Schools Fund.