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281 results for "green investment"
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South Korea's Green Mission

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Government hopes to spur a green revolution by pouring cash into clean industry.

South Korea is taking bold steps to become a global green leader. Under the country's national “green growth” plans, released last year, the government has pledged $97 billion worth of funding for environment-related industries, and another $36 billion toward renewable energy. The planned influx of cash is aimed to help the country achieve lofty environmental goals by 2020, including a......read more

Google Creates $280 Million Fund to Finance Solar Energy

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Deal with SolarCity is search giant's largest clean tech investment

This week, Google announced a $280 million investment in SolarCity, the California-based solar startup company founded by Elon Musk (the man behind Tesla Motors, Space X, and Paypal). The deal is Google's largest clean tech investment yet. SolarCity offers solar leasing, which alleviates the somewhat intimidating upfront costs of buying solar panels and allows homeowners......read more

Countries Get Eco Report Cards

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Biannual Environmental Performance Index unveiled at the World Economic Forum.

The 2010 Environmental Performance Index, which ranks the world's nations according to environmental policy and performance, was released last week at the World Economic Forum. The index is compiled every two years by Yale and Columbia University researchers. Leading the rankings is Iceland, which is powered almost entirely by renewable energy sources. Rounding out the top 5 are Switzerland,......read more

Earth Day: Our Acidic Oceans

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Actress Sigourney Weaver calls for action on ocean acidification.

On the 40th anniversary of Earth Day, Actress Sigourney Weaver testified before the Senate, warning that without climate legislation limiting CO2 emissions, the impacts on our oceans will be monumental. “The oceans are 30 percent more acidic than they were during pre-industrial times and if we continue burning fossil fuels as we are now, we will double the ocean’s acidity by the end of the......read more

Earth Day: John Kerry on Climate Change Action

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On Earth Day 's 40th anniversary, John Kerry warns that climate change is the environment's biggest hurdle yet.

Environmental advocates and allies have achieved plenty since the first Earth Day forty years ago: the creation of the EPA, the Clean Air Act, the Clean Water Act, and the Occupational Safety and Health Act, are just a few of the legislative highlights that come to mind. But, as John Kerry warned today, the U.S. has yet to confront the biggest environmental problem of today: climate change. In......read more

Washington Responds To Oil Spill

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Obama administration pledges all-out response to growing oil leak, Congress calls on oil execs to testify.

With workers struggling to contain the growing oil slick in the Gulf of Mexico, the White House has the declared the situation a disaster of "national significance." The designation paves the way for an all-out federal response to the potential environmental disaster. Yesterday, top officials were dispatched to the region to help coordinate defences against the leak. Meanwhile, the......read more

Gulf Coast Braces For 'Massive Environmental Disaster'

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President Obama arrives in Gulf region as giant oil slick begins lapping at vulnerable shores.

With bad weather hampering efforts to hold back the massive oil slick growing off the Gulf Coast, U.S. President Barack Obama called the situation a "massive and potentially unprecedented environmental disaster," promising that his administration will do everything it can to stop it and clean it up. President Obama made his remarks from Venice, La., where he arrived yesterday to survey......read more

How to Reduce Your Oil Footprint

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A few simple ways to effect change.

In the wake of last week's catastrophic oil spill, still growing in the Gulf of Mexico, many people are feeling helpless as to what they can do in their personal lives to stop supporting offshore oil drilling and the use of oil in general. Fortunately, our everyday lifestyle and purchasing decisions matter. We as individuals have the power to help reduce our country's reliance on oil,......read more

Oil Spill Blame Game

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BP, Transocean, and Halliburton execs grilled about 'cascade of failures' at Senate hearings.

In Washington on Tuesday, executives from BP and its drilling partners were grilled by Senators about their companies' involvement in the Gulf Coast oil disaster. The Senate energy and environmental committees set out to figure out how it happened, and who is responsible. BP, Transocean, and Halliburton executives were taken to account by lawmakers for the "cascade of failures"......read more

Good News, Bad News from the Gulf

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Scientists discover giant plumes of crude underwater, as BP engineers successfully divert gushing oil away from well.

In Louisiana, mixed news from the frontline of the catastophic oil disaster in the Gulf of Mexico. Marine scientists have found a giant plumes of oil coagulating deep under the surface of the water, raising concerns that the spill might be a lot larger than originally estimated. There are three or four plumes, including one reported by the New York Times to be "as large as 10 miles long, 3......read more

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