"GM's efforts to sell its Hummer brand to a little-known Chinese company have fallen apart, the U.S. automaker announced Wednesday. As a result, GM will begin to dismantle a brand of gas-guzzling SUVs that were synonymous with pre-financial crisis wealth and excess."
"The cost of pollution and other damage to the natural environment caused by the world's biggest companies would wipe out more than one-third of their profits if they were held financially accountable, a major unpublished study for the United Nations has found."
"Most publicly traded companies that depend on water do not adequately disclose their financial risks to droughts and future regulations, even as water scarcity problems mount, according to a report released on Thursday."
States and territories are each designing and running their own unique rebate program, with funding from the US DOE for development and implementation.
"What do Nike, REI, the Vancouver Olympics, and the Washington state government have in common? They've all promised to eliminate their impact on the climate by going "carbon–neutral." REI aims to have zero output of greenhouse gases like carbon dioxide by the year 2020. But since REI set the zero–impact goal, its emissions have been heading rapidly in the opposite direction."
Companies of all kinds face the prospect of major costs or losses as they face a future of unknown risks and uncertain regulations — and you are provided an environmental reporting opportunity.
"New rules for lead paint removal go into effect April 22, adding a bit more time and cost to some home renovations."
"China’s rise as a major solar module maker has been meteoric, but perhaps nowhere has its ascension been faster than in California, the United States’ largest solar market."
Washington Post reporter Lyndsey Layton writes about the thousands of chemicals exempted from EPA screening for potential harm to the environment and public health — and the three-decades-old Toxic Substances Control Act (TSCA) that renders it possible, in the interest of protecting manufacturers' bottom lines.
"Nearly half of global money managers are making investment decisions without factoring in risks or opportunities associated with climate change, according to a survey released on Wednesday by a coalition of environmentalists and investors."
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