Weekly gRound-Up: 2/21/2010

World’s Largest Corporations Caused $2.2 Trillion in Environmental Damages, UN Report Finds
A new UN report shows that if the environmental degradation caused by the world’s 3,000 largest companies was accounted for in their balance sheets, it could cut those companies’ profits by nearly a third. The amount was estimated to be about $2.2 trillion – [...]

Enter the Green Dragon: China Moves to Dominate Clean Energy Economy

China has been rapidly building up its renewable energy production and investing in sustainable energy while the U.S. continues to stall and take small incremental steps. Failing to assess the stakes of the global sustainable energy race could be a costly missed opportunity for the U.S. economy.

Residents walk pass a group of solar power [...]

Minnesota Plans to Implement Worlds First Carbon Tariff

The Minnesota Public Utilities Commission has authorized a measure that would add a fee of between $4 and $34 per ton of carbon dioxide to electricity generated from coal-fired power stations in North Dakota that is exported to Minnesota. By adding this fee to coal power, it is hoped that it will spur the further [...]

Wind Power Accelerating in China

China takes the lead in wind energy development from ClimateWorks on Vimeo.

In the past three years, China has emerged as a world leader in the development of renewable energy as a part of its growing efforts to combat climate change and create new jobs in clean technologies. In October, ClimateWorks traveled to China to get [...]