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How the Banks are Squaring Up on Climate Change by Environment News Service and CERES

Monday, 14 January 2008 03:13 By Chris Innis

Goldman Sachs ranks highest and Bear Stearns ranks lowest of the investment banks rated in a first-ever analysis of the climate change governance practices of 40 of the world’s largest banks.

Of the diversified banks, the report issued Thursday by the Ceres investor coalition based in Boston ranks HSBC Holdings at the top and the Bank of China at the foot of the list.

Established in 1865 as the Hongkong and Shanghai Banking Corporation, and...

Environmental Investigation Agency Calls for a phase out of HFC chemicals

Tuesday, 04 December 2007 00:31 By Chris Innis

The Environmental Investigation Agency has called on the world community and parties to the climate change conference in Bali to agree to an urgent phase-out of a class of global warming gases whose worldwide use is rapidly growing: HFCs. HFCs (hydrofluorocarbons) are man-made fluorinated gases (‘F-gases') widely used in vehicle air conditioning, supermarket chiller cabinets, fridges and domestic and business air-conditioning units throughout the world. HFCs are increasingly produced and consumed as a replacement for banned ozone-deplet...

Should advertising carry environmental health warnings

Thursday, 29 November 2007 03:48 By Chris Innis

We have all got use to seeing things that are bad for you coming with a health warning. We are familar with the idea that smoking kills you and that drink should be consumed in moderation. We also know that health warnings are applied to financial products, so your house is at risk if you don't pay the mortgage, and if you buy shares, they may go up and down. Finally, we know and understand the idea of setting out what the ingredients, food, chemical or otherwise, are in products we buy. The laws of the land have...

Australia's Big Opportunity

Monday, 26 November 2007 01:16 By Chris Innis

Over the weekend, Australia got a new government which has undertaken to sign the Kyoto Protocol. The new government, Australia's left leaning party the Australian Labour Party, has a unique opportunity and one that it should grasp. The new leader, Kevin Rudd, has already said that environment will be at the top of his agenda. This is significant because for the first time in recent Australian history, one party is in Government federally and in all the States. Surely, this alignment, and Rudd's determination, should allow Au...

Climate is dominant in debate in the Australian Federal election

Friday, 09 November 2007 12:23 By Chris Innis

Climate change was dubbed as "the greatest challenge we face." in a debate yesterday between Environment Minister Malcolm Turnbull and his Labor Shadow Peter Garrett.

Mr Turnbull nominated water policy as the defining point of difference between the ruling Coalition and Labor, saying the Coalition had "the experience to deliver."

Both parties have promised financial incentives to further develop clean coal technology...

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