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.

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.

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

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.

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.

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.