With the holidays around the corner, you are likely starting to think about ways to appreciate friends and family by giving them a gift. Like many Americans—if you choose to purchase gifts—you are likely to buy some online. Consumer surveys indicate 46 percent of Americans plan to shop online this year. Amazon.com is the world’s largest retailer and is synonymous […]
The shift away from fossil fuels and towards renewable energy continues. Last week Citigroup, the parent company of Citibank, committed to cut financing for coal mining. In the same week, one of Australia’s biggest banks – ANZ – pledged not to finance traditional coal mining projects and to provide at least $10bn in funding for renewable energy, reforestation and energy […]
Low-income communities in America are disproportionately affected by climate change, yet seldom have the resources to help finance solutions to beneficial changes.
When it comes to clean, renewable energy, the language can get confusing. In the tradition of Salt-N-Pepa, here I will attempt to break things down. Without further ado, let’s talk about RECs, baby! By Kegan Gerard Investing in renewables makes sense. From an economic standpoint, Bloomberg is now forecasting that wind energy will become the cheapest new energy globally by 2026, […]
By Kegan Gerard Since we launched our Amazon: Build A Cleaner Cloud campaign on June 9th, the company has made some progress on the renewable energy front—announcing plans for an 80 MW solar farm in Virginia. This development proves that consumer pressure on Amazon works! And while Amazon’s cloud-computing arm, Amazon Web Services (AWS), still has a long way to […]
Want to feel inspired? Read what motivates Green America’s new member, Mr. Deepak Panjwani, to volunteer and contribute to our mission of a sustainable and just planet.
Green America has a new member who has put forward a great deal of time and money to our mission. That person is Mr. Deepak Panjwani. We were fortunate enough to catch up with him and ask him a few questions about his previous volunteer work and what he thinks about Green America. Green America: Can you tell us about […]
The fair trade movement in the US is growing, and that’s good news! But even as demand for fair trade products increases, there are still millions of individuals working in agriculture around the world living in extreme poverty. World Fair Trade Day aims to bring more awareness to the fair trade cause. This year, more than awareness, we’re trying to […]
The 2015 State of Green Business report was just released, detailing the environmental performance of large companies around the world. The report, produced by GreenBiz and TruCost, illustrates the true costs of pollution, ecosystem depletion, and health impacts of unsustainable natural capital consumption by corporations and the alarming rate at which they are growing. According to the report, environmental costs, like greenhouse gas emissions and water abstraction (removing freshwater from the natural water cycle, and thus preventing its future use), would render most businesses unprofitable if they were responsible for paying for the impacts. The report found that environmental costs tallied up to $1 trillion (or 6.2% of GDP) for companies in the US, and $3 trillion worldwide. The authors state, “Over the past five years, the proportion of company profit at risk consistently exceeds 100 percent of their profit… This means that, on average, companies would be unprofitable if they had to pay the actual costs associated with the commodities they consume and pollution they generate.” It’s not all bad news, however. The report finds that the level of sustainable investment has been growing considerably in recent years. According the 2014 Trends Report published last November by US SIF: The Forum for Sustainable and Responsible Investment, cited in GreenBiz’s report, sustainable assets totaling $6.57 trillion represented almost 18% of the $36.8 trillion in total assets under management, a 76% increase over 2012. Social investors, joined by non-profits and growing consumer […]
According to the latest Proxy Preview — the authoritative, annually-updated compendium of shareholder resolutions – the 2015 shareholder resolution season is set to break yet another record in terms of the number of resolutions filed on social and environmental issues. This means that corporate management, and shareholders, will face resolutions on some of the most pressing issues facing our society […]
Wisconsin utility WE Energies recently proposed a hike in electricity rates on consumers, singling out residents who have opted to generate their own electricity through solar panels. The extra charge on residents who sell their excess power back to the grid has incited outrage at local and national levels. The utility claims the charges will cover the operating costs to the grid for customers with solar panels who aren’t paying the traditional rates, but all of the evidence surrounding the proposal suggests that this plan is little more than a reactionary measure from a company whose business model is in serious trouble. The proposal would raise the fixed charge on all residents’ power bills from $9 to $16 per month, and impose an additional fee for those who sell their excess electricity back to the utility through a policy known as “net metering.” A Wisconsin solar installer stated, “The demand charge of $3.80 per kilowatt (kW) per month works out to about $220 per year for a 5 kW system, a deterrent for potential solar customers and an unfair penalty for those who have already chosen to go solar.” A spokesperson for WE Energies said the company is seeking modest increases for the purpose of improving and modernizing their grid and complying with environmental standards. The company believes that it is unfair for those who generate their own electricity to use the grid without paying the same portion of the […]