Climate Technology

Why the FTC is right to block Whole Foods’ buyout of Wild Oats

John Mackey. Photo: Whole Foods Market In a high-profile exchange with Michael Pollan last summer, Whole Foods Market CEO and founder John Mackey took an avuncular approach to farmers’ markets […]

A car company takes a step in the right direction — and it’s GM!

It's a pretty short step from here to letting OnStar drivers pay for auto insurance by the mile; that's a plus everywhere, but especially in states like Michigan, where it would help turn what had been very high fixed costs into proconservation variable ones.

Now if only the state would stop charging all drivers the same flat fee (about $125/yr) for the catastrophic claims fund -- put it into the price of gas or something.

GM's inspiration was to realize that OnStar's global positioning satellite technology gave GMAC a reliable, low-cost way to measure the actual mileage of GMAC policyholders, allowing those who drive less to share in GMAC's reduced underwriting costs. If this cooperative undertaking leads more people to subscribe to OnStar and purchase GMAC auto policies, well, that's just a chance GM will have to take.

Clothing companies start to come clean on chemicals

A few weeks ago, a good friend of mine invited me to an apparel industry environmental seminar chock full of good industry types. Seminars of this nature are always dreadfully boring, but it's worth it because you get the inside scoop on what the industry is (and unfortunately isn't) talking about. The principle topic was regulated substances and chemicals, how to move toward green chemistry alternatives, and how to manage all the issues associated with regulations. The meeting was the first important step in getting companies like Ann Taylor, Liz Claiborne, L.L. Bean, and others to begin taking the steps needed to beef up their consumer-protection standards.

The buzzword of the day was RSL, or "Restricted Substance List." Most RSL's are either proprietary information or outdated. That is all changing thanks to the American Apparel & Footwear Association's Environmental Task Force, which spearheaded the seminar.

On June 27, AAFA released an RSL to help textile, apparel, and footwear companies take the first step in regulating -- and, in some cases, eliminating -- certain contaminants from their products. I emphasize "first step" because many of the companies sitting in the auditorium were only marginally aware that so many chemicals and substances made up the DNA of their outfits.

Pretty Please, With Cuomo On Top

New York state sues ExxonMobil over oil spill foot-dragging A shot has been fired in the quiet oil-spill battle in Brooklyn, N.Y.’s Greenpoint neighborhood: the state has sued ExxonMobil to […]

Beyond Pathetic

BP allowed to increase waste discharges into Lake Michigan The ugly (and imaginary) conflict between environment and economy has reared its head in Indiana, where state and federal regulators granted […]

Boeing’s new Dreamliner plane boasts increased fuel efficiency

A few years ago, Boeing was struggling. Sales were slipping, financial forecasts grim. Meanwhile Airbus, a foreign competitor, passed the former champ in total sales. Now the tables are turned. There are several reasons for the stellar advance sales of Boeing's new 787 Dreamliner, but I can't help but point out one:

After years of research into lightweight carbon-fiber, which now replaces heavier aluminum for the jet's fuselage and wings, the Dreamliner can sail with an estimated 20-30 percent less fuel per passenger. What's the company's reasoning behind increasing fuel efficiency? It's better for business, of course.

Stuff I missed

There are a gazillion things I missed over vacation, or meant to post about before vacation, that I’ll never have time to return to. Thus: a link post! I missed […]

A smorgasbord of campaigns in various states

There's something energizing about midsummer. If it's not the camping trips, or the afternoon concerts in the park, it must be the flurry of property rights campaigns gearing up for the fall election.

Here's the latest:

Measure, monitor, reduce, offset

Haven't had enough on offsets yet? Good. Romm's zeroth rule of carbon offsets is that you should "do everything reasonably possible to reduce your own emissions" before buying offsets. At first blush, this reads like a memo from Obviousland, a staunch statement in favor of apple pie. Pretty much every marketer of carbon offsets heavily stresses that offset purchases should go hand-in-hand with serious attempts at conservation, and I certainly agree.

So far, so good. But the rest of the post serves as a lesson in what can happen when common sense hardens into ideology. After making a bunch of points about how the worst thing you can do is actually feel good about purchasing offsets, Romm offers up Exhibit A of the wrong way to go about buying offsets: Google.

SRI pioneer Joan Bavaria looks ahead

To celebrate its 15th anniversary, the GreenMoney Journal asked leaders in the realms of green business and socially responsible investing to forecast 15 years into the future. How green will our economy be in 2022? GreenMoney's anniversary issue features responses from Amy Domini of Domini Social Investments, Gary Hirshberg of Stonyfield Farm, futurist Hazel Henderson, and others.

Here, reprinted with permission, is a view from Joan Bavaria, president of Trillium Asset Management Company. (Also read a perspective from Mindy Lubber of Ceres.)

What will socially responsible investing (SRI) look like in 15 years? I believe we are in a period of rapid growth with an uncertain outcome. Those of us who are involved in and support socially responsible investing, mission-related investing, corporate social responsibility, and all that involves introducing social and environmental considerations in a market economy must concentrate on what needs to happen to continue making progress, clearly visioning our desired outcomes.