Clean Energy Victory Bonds Gaining Momentum

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Building on growing bipartisan momentum, Green America, the nation’s leading green economy organization, will continue to promote Clean Energy Victory Bonds in Congress. An amendment to the Senate Energy Bill (S. 2012) proposed by Senator Udall (D-N.M.) that would advance Clean Energy Victory Bonds did not achieve 60 votes as needed, but did receive growing bipartisan support yesterday in a […]

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Businesses Nationwide Support Methane Regulation

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Businesses nationwide are speaking up in favor of climate regulation.  The US Chamber of Commerce often gives the impression that businesses oppose environmental regulation. But across the country, thousands upon thousands of businesses are speaking out and saying that well-crafted regulations of carbon emissions are good for businesses. There is increasing evidence that fracking for natural gas is harming local communities […]

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Business leaders ask IRS employees to give up coffee buzz for bees

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Businesses and advocates are calling on the IRS to go one day without coffee — which benefits from pollination — to create urgency about a future without pollinators. The EPA’s April 14 deadline for comment for its risk assessment on the neonicotinoid imidacloprid — a leading driver of bee and pollinator deaths — coincides with the IRS’ busiest tax week […]

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US EPA to regulate methane from existing oil and gas sources

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President Obama and Prime Minister Justin Trudeau of Canada made an historic announcement yesterday regarding methane regulation.  The two countries have agreed to reduce methane pollution from their oil and gas industry by 40-45 percent over the next 10 years. For the United States, an important outcome is that the US EPA will begin developing regulations for methane emissions from existing […]

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Renewable Energy Certificates: What They Are and What They Can and Can’t Do

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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, […]

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Environmental Costs Outweigh Corporate Profits

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 […]

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