For years, free-market fundamentalists opposed to government regulation have sought to create doubt in the public’s mind about the dangers of smoking, acid rain, and ozone depletion. Now they have turned those same tactics on the issue of global warming and on climate scientists, with significant success.
The oil slick spreading across the Gulf of Mexico has shattered the notion that offshore drilling had become safe. A close look at the accident shows that lax federal oversight, complacency by BP and the other companies involved, and the complexities of drilling a mile deep all combined to create the perfect environmental storm.
Ceres has released the first comprehensive assessment and ranking of water disclosure practices of 100 publicly-traded companies in eight key sectors exposed to water-related risks: beverage, chemicals, electric power, food, homebuilding, mining, oil and gas, and semiconductors. The report highlights best practices, key gaps and trends in water reporting and lays out a set of recommendations for companies and investors.
Companies with facilities emitting or products related to GHGs may consider taking the following initial steps to evaluate appropriate measures related to the first time ever requirement that they begin monitoring their emissions of GHGs.
A new report entitled Global Oil & Gas – The Adaptation Challenge has identified top five impacts of climate change to the oil and gas industry. While three quarters of the world’s oil and gas companies surveyed believe climate change could impact their business, only 19 percent are taking action as noted in this report.
With global eco awareness expanding on climate issues, it is not a surprise to many that the fastest growth in CO2 levels has occurred in the last 10 years. Studies indicate that electricity generation and consumption is the largest contributor and is increasing faster than any other energy sector. However, efforts to manage electricity show the slowest decline in emissions progress.
On August 11, the Financial Times reported on the promise of “synthetic biology,” including the development of algae that generates biofuels. In July, ExxonMobil entered into a $600 million venture with Synthetic Genomics, a firm founded by biotech pioneer Dr. Craig Venter. “Synthetic Genomics has already engineered strains of algae that secrete oil from their cells,” writes the FT’s Clive Cookson. Will oil companies transform themselves into algae companies? Or, a few years from now, could the makers of “Who Killed the Electric Car?” film a sequel about algae?
The Brita Products Company invites proposals for its second annual College FilterForGood Eco-Challenge Grant Program. Undergraduate and graduate students in good academic standing in an accredited college or university in the U.S. are encouraged to prepare a proposal and budget for a program that is either action-based or will create tangible results in the interest of helping to protect the environment. The program should be initiated and make significant progress towards completion by April 2010.
This, the fifth article in the series The Two-Headed Dragon ~ Energy/Water/Food Scarcity and Climate Change. Top Ten Policies that Feed it, and Two New Technologies that Could Enable us to Slay It and Save the Planet discusses why the short term mindset that prevails in our culture is preventing us from addressing the existential problems of climate change and rapidly disappearing fossil energy reserves. It touches on our nation’s irrational tax code, which provides a powerful incentive for wasteful practices and continued reliance on fossil fuels. It also suggests that the profound ignorance in energy matters is one of the key reasons why we have such poor energy policy, suggesting that our politicians should attend an energy boot camp and learn the fundamentals of energy.
