Archive for the ‘Business’ Category

A Splash of Green for the Rust Belt

Thursday, November 6th, 2008

LIKE his uncle, his grandfather and many of their neighbors, Arie Versendaal spent decades working at the Maytag factory here, turning coils of steel into washing machines.

When the plant closed last year, taking 1,800 jobs out of this town of 16,000 people, it seemed a familiar story of American industrial decline: another company town brought to its knees by the vagaries of global trade.

Except that Mr. Versendaal has a new factory job, at a plant here that makes blades for turbines that turn wind into electricity. (Full Article)

Companies see profits flowing from greener style, report says

Thursday, November 6th, 2008

OTTAWA – Canada’s largest companies are starting to report more business opportunities than risks as a result of emerging regulations to address the greenhouse gas emissions linked to global warming, a new international study has revealed.

The Carbon Disclosure Project, an annual survey of the largest corporations in the world by a coalition of investors, found that an overwhelming majority of the country’s biggest corporations see opportunities as they address the impacts of new caps on their levels of greenhouse gas pollution. (Full Article)

World threatened by ecological ‘credit crunch’: WWF

Thursday, November 6th, 2008

Growing demands on natural capital — such as forests, water, soil, air and biodiversity — already outstrip the world’s capacity to renew these resources by a third, according to the WWF’s Living Planet Report.Reckless borrowing against Earth’s exhausted bounty is driving the planet toward an ecological “credit crunch”, the World Wildlife Fund warned on Wednesday. (Full Article)