European ski resorts are branching into the summer holiday market as the results of global warming hit the slopes.Picturesque Alpine towns are moving into golfing, cycling and cross-country trekking in order to offset losses caused by declining snowfall, as a Swiss study shows snow cover suitable for winter tourism has fallen by 60 per cent […]
A shareholder revolt at ExxonMobil led by the billionaire Rockefeller family has won the support of four significant British institutional investors who will call on Monday for a shake-up in the governance of the world’s biggest oil company.Guardian.co.uk has learned that F&C Asset Management, Morley Fund Management, the Co-Operative Insurance Society and the West Midlands […]
Development campaigners have accused the UK government of making a stealth cut to an £800m fund designed to help poor countries adapt to climate change.Ministers said they were proud to have set a moral lead when the Environmental Transformation Fund was launched.
The government now says an unspecified amount will go out as interest-free loans but […]
Google has stepped up its commitment to solar power with an investment of $10m in local company BrightSource Energy.The investment in the California-based firm was made through Google.org, the company’s non-profit philanthropic venture.
The BrightSource deal is the second such investment Google has made in solar power, after taking a stake in eSolar last month.
BrightSource is […]
Progress Energy has issued a report on global climate change, the first update since its initial report issued in 2006.The 2008 report provides a more specific company position on climate change policies, a release said. It explains how emissions reductions are linked to development of available technology and provides a more detailed analysis of renewable […]
Legislation at the heart of the Government’s climate change strategy is being savagely criticised by big companies, who say it will cost the economy billions of dollars.Fonterra, Solid Energy and Todd Energy lined up at a select committee hearing yesterday to leave MPs in no doubt about their concerns over the Climate Change (Emissions Trade […]
IBM, Google, and Microsoft apparently are model citizens when it comes to reducing their carbon footprint, while Apple has a long way to go.Climate Counts, a nonprofit funded by yogurt maker Stonyfield Farm, released on Wednesday its annual assessment of corporations’ actions related to addressing climate change and whether they live up to their “green” […]
The Asian Development Bank says it’s setting up a new fund to help the Asia Pacific adapt to climate change.The ADB will provide an initial $US40 million to the Climate Change Fund, which will be open for further contributions from individual countries, development organisations, and the private sector.
Bank spokesman Werner Liepach says the fund will […]
The second Climate Counts Company Scorecard has recognized Nike Inc. for its commitment to fighting climate change.The Beaverton-area retailer (NYSE: NKE) outscored 55 companies to claim the top spot on the list, which examined the climate change policies of several major companies, including IBM, Anheuser-Busch and General Electric.
“Nike is at the forefront of the sector […]
There are risks to global warming policy as well as risks to global warming, and although the former could be costlier than the latter, they are often neglected in climate change debate. While it may seem far-fetched to some that responding to the “climate crisis” could do more harm than good, it is in fact […]
