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OAKLAND, Calif. -- A new United Nations report published this week suggests advisors to institutional investors may end up in court if they ignore environmental and social concerns. Meanwhile, the Securities and Exchange Commission may reportedly consider whether to force public companies to tell their investors about the financial and physical risks they face from climate change.
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DALLAS, Texas -- By swapping out the lighting on signs in 6,500 of its stores to an LED lighting system from GE, AT&T will save nearly 6 million kilowatt hours of electricity a year.
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BENTONVILLE, Ark. -- The first phase of a three-phase project to establish a green rating system for all of the products on its shelves, Walmart executives today released its 15 question survey that will be mailed to all of the company's 100,000-plus suppliers.
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Logging to Increase in Oregon Forests
A ruling from the US Interior Department yesterday will double the rate of logging in 2.6 million acres of forest in southwestern Oregon. While the decision is a boon to logging companies, it has upset local environmentalists.
Earthjustice has condemned the ruling, and Oregon governor Theodore R. Kulongoski noted that it could interfere with future wilderness designations in the Rogue River area.
Representatives from the timber industry, however, are excited about the decision. Logging on Oregon federal land was cut by 80 percent under the 15 year-old Northwest Forest Plan. The new ruling will help both local mills and timber companies to increase their business.
Oregon's ruling isn't the only one on deck that could affect US forests— President Bush is expected to change US Forest Service agreements to make it easier for mountain forests to become housing subdivisions.
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