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Recent Posts by Marc Gunther
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I’m writing this post on my Apple PowerBook G4, which ordinarily does very well what I need it to do—except that right now it is sitting on my lap and giving off enough heat to keep me warm on a cool day. That might be welcome if today were a February day in Denver. But it’s August. I’m in the mile-high city where the sun always seems to shine to moderate a discussion on sustainability for Coca Cola Enterprises, the big bottling company; to attend a bunch of events on the environment and energy; and to soak up the atmosphere as the Democrats and thousands of hangers-on here to nominate Barack Obama. The Coke discussion went well, I thought—participants included the major of Atlanta, Shirley Franklin, who talked about the drought and water conservation, Majority Leader Steny
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The other day, John McCain visited an oil rig in the Gulf of Mexico to call for more offshore drilling. The massive Chevron rig produces 10,000 barrels of oil a day. Meanwhile, I just filled up my new Honda Fit with gas for the first time. After driving 282 miles, I bought 9.47 gallons at $3.62 a gallon. So I’m getting 29.6 mpg, mostly in the city. What’s the connection? The actions of millions of Americans like me—as we trade big cars for smaller ones, drive less, or do both—are going to have a whole lot more impact on oil prices, more quickly, than drilling for more oil. In fact, they already are. Gas prices have been falling by more than a penny per day and the price of oil has dropped from about $147 a barrel to about $115 a barrel in the last couple of months for one
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Not only is the world flat, it is amazingly interconnected. Who would have thought that Oreos or Cheez-Its could contribute to deforestation and global warming? Today’s Sustainability column at fortune.com and cnnmoney.com looks at palm oil, the commodity that connects hundreds of products on supermarket shelves to the disappearing tropical forests of Malaysia and Indonesia. Enviros who take a confrontational approach (Rainforest Action Network) as well as those who prefer to consult or collaborate (Conservation International, WWF) are attacking the palm oil problem. So are big agribusiness companies like ADM, Bunge and Cargill, although they’re not moving fast enough or far enough to satisfy the activists at RAN. Interestingly, the palm oil story appears to be following a script
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The Environmental Working Group looked at nearly 1,000 sunscreen products and found that “4 out of 5 contain chemicals that may pose health hazards or don’t adequately protect skin from the sun’s damaging rays. The Natural Resources Defense Council analyzed household air fresheners and found that “most contain chemicals that may affect hormones and reproductive development, particularly in babies. The EPA was so concerned about keeping rodenticides—rat and mouse poisons—out of the hands of children that the agency ruled this spring that four of the most most hazardous types of pesticides will no longer be sold for personal use These days, it seems like you can’t open the newspaper or, worse, search the Internet without hearing about the dangers of ordinary household
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While carbon offsets are controversial and always will be, they have enormous potential to promote an elusive goal: sustainable development. At their best, carbon offsets are a low-cost way to reduce greenhouse gas emissions, transfer clean technology to poor countries and help people out of poverty. Which brings us to JPMorgan Chase and cook stoves. The global Wall Street investment bank has begun subsidizing the production and distribution of efficient cooking stoves in Africa, an effort that could expand to India and southeast Asia as well. The project is the topic of today’s Sustainability column on fortune.com and cnnmoney.com. Here’s how it begins: By any measure, it is a long way from the Park Avenue headquarters of JPMorgan Chase, the global investment bank that
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Dell Shifts Into Neutral
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Carbon neutral, you may remember, was the word of the year back in 2006, but as my friend Joel Makower (executive editor of greenbiz.com, aka the guru of green business) has written, no one knows exactly what it means or even how to define a company’s carbon footprint.
So when Dell announced today that the company had become carbon neutral, I decided to take a closer look in my Sustainability column at fortune.com and cnnmoney.com. Here’s how the column begins:
Dell is announcing Wednesday that it has become carbon neutral by turning out the lights in its offices, buying wind power and protecting endangered forests in Madagascar.
It’s all part of CEO Michael Dell’s commitment to make the company that he started back in 1984 “the greenest technology company on the planet.”
But what, exactly, does becoming carbon neutral mean?
It turns out that there’s no agreed-upon definition of carbon neutral, even as rock groups like the Rolling Stones, events like the Super Bowl and the Oscars, and a growing number of companies have set carbon neutrality as a goal.
You can read the rest here.
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