Obama Calls for End of Oil Subsidies in 2011 Budget

In Obama’s 2011 FY budget proposal sent to Congress this week, the administration calls for eliminating more than $2.7 billion in tax subsidies for oil, coal and gas industries. As a result, more than $38.8 billion dollars in tax revenue could be generated for the federal government over the course of the next ten years. … Continued

KPMG: Looking back at Copenhagen

A quick post today: KPMG has been no stranger to climate change issues and has offered some interesting commentary in the past, particularly during the COP15 conference in December. The following is a great COP15 wrap up conversation I though was worth sharing. It features Alan Buckle, KPMG’s Global Head of Advisory, and Barend van … Continued

Holy Job Creation: Bring on High Speed Rail

Say what you will about the stimulus package and government spending in general, there are some things that work well with government investment, and massive infrastructure projects are high on that list. Like Eisenhower in the 1950s, who kicked off the interstate highway system, last week’s (albeit 25 years late) investment of $8 billion in … Continued

SEC Issues Guidance On Climate Change Risk Disclosure

The Securities and Exchange Commission (SEC) voted yesterday to issue interpretative guidance on what public companies must disclose to investors concerning climate change risks. A press release issued by the SEC states that the interpretative guidance is meant to clarify “certain existing disclosure rules that may require a company to disclose the impact that business … Continued

USEPA Is Back. Will New Regulations Be Cost Burden or Strategic Advantage?

Image credit:Processing Magazine Operators of energy-intensive US industrial facilities, having benefited from years of USEPA ‘enforcement light,’ now face an old-fashioned onslaught of environmental reporting requirements. USEPA is poised for action – gathering what information it needs before revised or new regulations are published. Even though new industry rules by EPA – reporting previous year’s … Continued

feat-Jan27-ship

Ocean Carriers Propose Emissions Reduction System

Rather than dealing with a potpourri of environmental emissions regulations and fees, a group comprising the world’s largest international liner shipping companies is proposing a new global vessel efficiency system (VES) intended to reduce greenhouse gas emissions. The 29-member World Shipping Council’s proposal asks the UN’s International Maritime Organization to take the lead in applying … Continued

Editorial: How Will the Citizens United Decision Affect Sustainable Business?

“The conceit that corporations must be treated identically to natural persons in the political sphere is not only inaccurate but also inadequate to justify the Court’s disposition of this case.” – Minority Opinion by Supreme Court Justices Ginsburg, Breyer and Sotomayor. News outlets and the blogosphere are abuzz with reactions to Thursday’s Supreme Court decision … Continued

DOE Annouces Award of $37 Million To Solid State Lighting Projects

Energy Secretary Steven Chu announced the award last week of over $37 million in funding from the American Recovery and Reinvestment Act (ARRA) for solid-state lighting projects. Solid-state lighting uses light-emitting diodes (LEDs) and organic light-emitting diodes (OLEDs) instead of incandescent bulbs. According to the Department of Energy (DOE), it has the potential to be … Continued

Swiss Bank UBS Introduces Code of Ethics and Conduct

Recently Swiss bank UBS, the world’s largest private bank, announced it had introduced a new employee code of ethics and conduct. All of its 69,000 employees are required to read the code, pass a test, and sign it. “There are no exceptions,” explained the bank’s CEO, Oswald Gruebel, and Chairman Kaspar Villiger, in the preface … Continued

Bosnia and Herzegovina: The Heart Shaped Country

By Amina Horozic You’re from where? I was almost twelve years old when I came to the US in 1994. Since then whenever I mention that I am from Sarajevo, Bosnia and Herzegovina, I am always inundated with all sorts of unusual questions. Occasionally, I have to clarify that it is a country in Southeastern Europe east … Continued

feat-jan18-steth

What Does Healthcare Have to Do with Sustainability?

As major news outlets talk about “Cadillac plans” and “public options,” it only seems appropriate to take a couple deep breaths, push the stethoscope to the proverbial belly of our culture, and try to find out what it really means to be healthy in this day and age. Throughout the rest of January, 3p will … Continued

feat-jan13-trade

Cap & Trade for CO2: Great Solution or Not?

Annie Leonard’s Story of Cap & Trade, which we wrote about a while back, throws a critical and generally dismissive eye on the concept of a cap & trade solution for carbon emissions. The film argues that such a solution is at best a distraction from real cuts in fossil fuel use, and at worst … Continued

IT Leaders Set Major Efficiency Goals with Green Touch

Bell Labs, Alcatel-Lucent’s research arm, is spearheading a major research consortium, called Green Touch, which includes academic and government-funded research labs, telecommunications service providers and chip makers. The organizations are putting their efforts toward creating technologies needed to make communications networks 1,000 times more energy efficient than they are today. The effort was announced today … Continued

EPA Backtracks on Mountaintop Coal Mining

Just when you thought it might be safe to go hiking in West Virginia’s mountains or along its streams, the EPA apparently has caved to the interests of Big Coal by signing off on one Clean Water Act permit for a mountaintop coal mining project in that state and preparing the way for the eventual … Continued