The green market is vulnerable to the formation of a bubble. The rapid growth of the green market could be seriously undermined by the implosion of such a bubble. Those who care about the environment have a vested interest in protecting the green market from bubbles. The Securities and Exchange Commission’s (SEC) civil lawsuit against Goldman-Sachs suggests they are serious about addressing securities fraud.These charges send a powerful message to those who manipulate markets.
Continue Reading Financial Regulation and Green Bubbles
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Yesterday we posted on the just-released Clean Edge trends report for 2010 that outlines some of the prominent trends in clean tech and renewable energy. One emerging trend mentioned in the report is the commoditization of carbon, where captured emissions are bought and sold as feedstock for other industrial processes.
Continue Reading From CO2 to Cement: Recycling Carbon – the Commoditization of Carbon Emissions
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The Give and Take of Washington: If You Can’t Take It, Then Don’t Give It…
In a press release last week, Greenpeace announced the launch of PolluterHarmony. The parody website, created through Greenpeace’s PolluterWatch, seeks to match “lobbyists. CEO’s, and propagandists” with easy and willing public officials to help ease the path to buying and selling influence and “sabotage our clean energy future without ever leaving the house.” The site is a spoof on the popular matchmaking site eHarmony.
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Almost one year ago, on February 24 2009, President Obama asked Congress for legislation that places a market-based cap on carbon pollution. Henry Waxman and Edward Markey responded with The American Clean Energy and Security Act. Waxman and Markey outlined a cap-and-trade system involving significant US carbon emissions reductions. Early last fall Senators Barbara Boxer and John Kerry put together a new climate change bill.
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Sixteen states and New York City have filed a motion in federal court requesting permission to challenge an industry-sponsored “Petition for Review” filed last month in Federal Appeals Court after EPA Administrator Lisa Jackson signed an Endangerment Finding on December 7th stating that greenhouse gas emissions pose a threat to human health and welfare.
Continue Reading States Seek Court Ruling to Defend Industry Challenge to EPA Endangerment Finding
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Despite sinking into the deepest recession since the Great Depression, the levels of green innovation rose to historic heights in 2009. This has been a trying year marked by economic decline and the near collapse of global finance. On the environmental front, progress was hampered by an uncooperative US Senate, the ruse of climate-gate and a less than stellar result at COP15. However, the plethora of bad economic and environmental news in 2009 overshadowed the wealth of eco-innovation.
Continue Reading Eco-Business Innovations 2009 Year End Review
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Ahead of Copenhagen’s COP15, some business leaders stood out by standing up for efforts to combat climate change. As reported by the Copenhagen Climate Council, global business leaders assembled in Copenhagen at the World Business Summit on Climate Change. They issued The Copenhagen Call, a concise statement from business leaders about the elements required to forge an effective new global climate treaty.
Continue Reading Business and COP15
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By Sarah Laskow, Media Consortium blogger
Businesses are often perceived as environmentally destructive forces, but they can also be powerful models of change. An organization that addresses societal needs can at the same time advance business interests.
Bahrain’s Gulf Petrochemical Industries Co. (GPIC) commissioned one of the world’s largest and the Middle East’s first carbon capture system at its Sitra petrochemical complex yesterday. The $55 million system should be able to capture as much as or more than 90%–some 450 metric tons per day–of the CO2 produced by the complex’s oil refinery. Absorbed from flue gas, the captured carbon dioxide will then be used to synthesize methanol and urea, according to an 



