Recent sustainable business news

Even after the Nike sweatshop scandals, high profile UK companies, including Gap, Next and Marks & Spencer have been reported as continuing these practices in India–with pay rates as low as 25 cents per hour.

http://www.guardian.co.uk/world/2010/aug/08/gap-next-marks-spencer-sweatshops

Ecuador has proposed an innovative mechanism for making a national contribution to the control of carbon emissions.  It proposes to lock up in perpetuity one fifth of its oil, in exchange for compensation at market values.

http://www.independent.co.uk/environment/climate-change/the-worlds-first-really-green-oil-deal-2046512.html

Modern research on happiness and consumption is challenging traditional economic paradigms of utility and satisfaction.

http://www.nytimes.com/2010/08/08/business/08consume.html?src=me&ref=business

Recent calculations of the carbon footprint of the Internet already rank it with nations on carbon emissions.  Given the accelerating growth of Internet access this finding suggests a crucial focus for the challenge of global warming.

http://www.guardian.co.uk/environment/2010/aug/12/carbon-footprint-internet

BP’s exposure on sustainability grounds doesn’t seem to be limited to the Gulf oil spill, but extends to safety in the devastating effects of a Texas City oil refinery explosion in 2005.

http://www.independent.co.uk/news/business/news/bp-fined-325m-over-oil-refinery-blast-2051528.html

Australia could switch completely to renewable energy within a decade by building a dozen vast, new solar power stations and about 6500 wind turbines, according to a major new study.  The Zero Carbon Australia Stationary Energy Plan – a collaboration between Melbourne University’s Energy Research Institute, the environment group Beyond Zero Emissions and engineers Sinclair Knight Merz, puts the cost at $37 billion in private funding and public investment every year for the next decade.

http://www.energy.unimelb.edu.au/uploads/ZCA2020_Stationary_Energy_Synopsis_v1.pdf