Green Options

A few weeks back, I was writing about CO2-friendly supply chains and saw the hefty list of U.S. companies that the Environmental Defense Fund had helped switch to recycled content in a drive to reduce paper waste across the nation.

Now, paper is back under the public eye in fuller force than ever because of its significant climate change footprint.
“Paper is a tremendously resource-intensive product to produce,” explains project manager Victoria Mills, “and the decomposition of paper in landfills generates methane, a greenhouse gas with 23 times the heat-trapping power of carbon dioxide.”

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Spurred by looming federal policy on CO2 emissions, many banks are exploring how to mitigate their financial risk as much as possible. This week, Citigroup, Morgan Stanley, and JP Morgan announced guidelines to help them determine whether to lend money to projects that emit a lot of carbon dioxide (CO2) - like coal-fired power plants.

The Principles are:

• Energy efficiency: Encourage clients to invest in efficiency measures, taking into consideration the value of avoided

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