Now we’re down to two. Oregon’s Department of State Lands last week denied an Ambre Energy proposal to transport coal by rail to a Port of Morrow, OR terminal for eventual export to China and other Asian markets.
It’s the latest in a series of wins for opponents of six coal company proposals to move coal through the Pacific Northwest on the way to Asian markets. However the two biggest plans, both located in Washington State, are still alive: the Gateway Pacific Terminal at Cherry Point north of Bellingham, and the Millennium Bulk Terminal at Longview on the Columbia River. Read the rest of this entry »
The “new reality” facing electricity consumers and their utility companies is that renewable energy is meeting an increasingly larger share of U.S. energy needs, according to a report from Ceres and Clean Edge.
That translates into more and better choices and a clean energy future.
“Renewables—including wind, solar, biomass, geothermal, waste heat and small-scale hydroelectric—accounted for a whopping 49 percent of new U.S. electric generating capacity in 2012, with new wind development outpacing even natural gas,” writes Jon Wellinghoff, partner at Stoel Rives LLP and former chairman of the Federal Energy Regulatory Commission in the report.
Benchmarking Utility Clean Energy Deployment: 2014, is the first annual report from Ceres in partnership with Clean Edge on this subject. It ranks the nation’s 32 largest electric utilities and their local subsidiaries on their renewable energy sales and energy efficiency savings. Read the rest of this entry »
Except for a small but mostly insane group of climate change deniers, it’s generally acknowledged that the globe’s climate is at risk—therefore how companies assess the financial impact of climate change in their risk portfolios should be an important consideration, both for their operating models and bottom lines. Seems logical, right?
Maybe not so logical it seems. Ceres, a nonprofit advocacy group that focuses on corporate sustainability, contends that not many companies believe climate change will have a material impact on their business. “Roughly half of the 3,000 biggest publicly traded companies in the U.S. say mum’s the word, reporting zilch in their annual filings to U.S. regulators,” it says. Read the rest of this entry »
A recent report from the Environmental Defense Fund and Ceres says that strong fuel efficiency and GHG emission standards for freight trucks could slash fuel consumption by as much as 40 percent compared to 2010 levels, resulting in significant environmental and economic benefits.
In fact the report suggests that American businesses could save more than $25 billion if the National Highway Traffic Safety Administration and the U.S. Environmental Protection Agency adopt stringent fuel efficiency and greenhouse gas standards. The two agencies were tasked by President Obama to come up with proposed target standards for medium- and heavy-duty trucks by March, 2015. Read the rest of this entry »
The notorious BP Deepwater Horizon oil disaster in 2010, considered to be the largest accidental marine oil spill in the history of the petroleum industry, was the “shock heard ’round the world,” and it is still reverberating. The cause of eleven deaths and a loss of many billions of dollars to the Gulf Coast economy – it has impacted offshore drilling, tourism, and fishing – the BP spill resulted in numerous civil lawsuits and settlements as well as criminal charges. BP is fighting some of these charges and the terms of some settlements, even as it continues to present itself as an environmentally responsible corporate citizen.
Meanwhile, fracking is causing a furor because of concerns about environmental impacts, including groundwater pollution and an alarming increase in earthquake activity in some areas. Activists around the world are working to stop fracking, and activist groups such as Greenpeace have planned legal challenges to fracking in England. Fracking has been challenged in the U.S. as well, with the main battles being between environmentalists and proponents of economic growth. A web site called Fracking Insider keeps track of legal battles and regulatory developments in the fracking industry. Read the rest of this entry »
The continuing discussion about what Gross Domestic Product (GDP) should include in order to more accurately reflect the scope and health of the economy has entered a new and intriguing dimension.
From across the Atlantic comes this question: Why not include prostitution and drugs in GDP calculations, as Italy and the United Kingdom have done? After all, those are economic activities, right?
The U.K.’s Office of National Statistics announced that paying for drugs and sex adds about £10 billion ($16.7 billion) a year to the economy. So, the British government is now including prostitution and narcotics sales in its official GDP statistics.
While illegal activities are a small part of the U.K. economy—only 0.7 percent—according to the government’s estimates, the reason for the inclusion is to harmonize economic reporting across the European Union. Read the rest of this entry »
Matt Ridley, the UK author, journalist and member of the House of Lords, recently asserted in a Wall Street Journal article that the “world’s resources aren’t running out.” Well maybe, sorta. If you are into the mental gymnastics of conservative doublethink.
I could not let his piece pass without providing, shall we say, a different and more intellectually honest (I hope) viewpoint.
He asks: “How many times have you heard that we humans are ‘using up’ the world’s resources, ‘running out’ of oil, ‘reaching the limits’ of the atmosphere’s capacity to cope with pollution or ‘approaching the carrying capacity’ of the land’s ability to support a greater population? The assumption behind all such statements is that there is a fixed amount of stuff—metals, oil, clean air, land—and that we risk exhausting it through our consumption.” Read the rest of this entry »