Green Options » companies

EPA says that US Companies Will Pay a Record $11.8 Billion on Pollution Control in 2008

Andrew Williams — Mon, 08 Dec 2008 16:35:25 +0000

The Environmental Protection Agency (EPA) has announced that, as a result of its enforcement actions, U.S. companies will spend a record-breaking $11.8 billion on pollution control and projects to clean up the environment this year.

The EPA calculates that the moves will result in a best ever reduction in pollution of 3.9 billion pounds per year, nearly four times the reduction achieved during 2007.

Ford, GM, Chrysler Set for $25 Billion in Government Loans

Andrew Williams — Thu, 18 Sep 2008 13:27:18 +0000

Following a meeting earlier this week with House of Representatives speaker Nancy Pelosi, the ‘big three’ US automakers Ford, GM and Chrysler, are optimistic about their prospects of receiving a multi-billion dollar loan. Pelosi told reporters in Washington yesterday that she plans to unveil a $25 billion finance package next week, which will probably be added to a ’stopgap’ government funding bill.

When (and if) finally approved, much of the loan will be used to convert production to smaller, more fuel efficient vehicles, which are increasingly popular in Europe as a result of the escalating energy crisis. The money will also be added to existing U.S. Advanced Battery Consortium grants to help fund the development and manufacture of next-generation battery technology, such as those used in the forthcoming Chevrolet Volt.

Ecopreneurs: We Must Be the Change

Megan Prusynski — Fri, 20 Jun 2008 17:30:39 +0000

As going green becomes more and more popular, it seems that everyone is jumping on the bandwagon. Consumers want more sustainable options for all their needs, and companies are beginning to listen. Or are they?

Maybe I’m just a little paranoid, but I don’t tend to trust the megalithic corporations that have so much power and wealth today. So while I see many ad campaigns touting green promises and hear of many large corporations changing their ways, as much as I want to believe them, I have my doubts that many of these companies are truly committed to sustainability. The very nature of our economy leads companies to focus solely on profit and their own growth, at the expense of people and the environment.