U.S. "Undoubtedly In Recession", Says Expert
October 24, 2007 05:27 PM -
LONDON (Reuters) - The United States has entered a recession, according to highly-regarded investor Jim Rogers, who told Britain's Daily Telegraph newspaper on Wednesday he was switching out of the dollar and into yen, the yuan and the Swiss franc.
The veteran investor, who predicted the 1999 commodities rally, also said he was still bullish about surging Chinese stock markets despite worries over a bubble.
Fears are growing over the health of the U.S. economy after the fallout from the subprime mortgage market crisis and the global credit crunch it triggered.
The U.S. Federal Reserve has already slashed borrowing costs by 50 basis points to 4.75 percent to try and shore up the world's biggest economy and is widely expected to lower interest rates again next week.
Sustainable Projects Compete for Millions, International Competition
October 19, 2007 04:13 PM -
Waltham, Ma. – Construction projects from all across North America are invited to compete for the widely recognized Holcim Awards for Sustainable Construction. The Holcim Awards will recognize projects that meet current needs for housing and infrastructure without compromising the ability of future generations to meet their own needs. The Holcim Awards, an international competition, is an initiative of the Swiss-based Holcim Foundation for Sustainable Construction to celebrate innovative, future-oriented, and tangible sustainable construction projects from around the globe. The Holcim Awards are supported in the North America region by the Holcim Ltd Group companies Holcim (US) Inc., St. Lawrence Cement, and Aggregate Industries. The North American region includes the US, Canada, Bermuda and the Bahamas.
A Sustainable Holiday Spirit, in Mason, Michigan
October 19, 2007 03:48 PM - Paul Schaefer, ENN
Ingham County, Michigan - The city of Mason, in Michigan has decided the spirit of the holidays includes the spirit of sustainability. And you'll see it brightly displayed on their holiday tree on the Ingham County Courthouse’s west lawn. For starters the city is replacing its incandescent holiday lights with energy-efficient LED Christmas lights. The 1200 new LED lights replace 500 old incandescent ones, draw a quarter of the power, 864 watts compared to the previous 3276 kilowatt hours; use professional weatherproof connectors and durable epoxy plastic, not glass bulbs. And, all 1200 lights can be plugged into one standard outlet. This will save the City about $250 each year while adding over 700 lights to its tree.
Turning Grey Into Green: Greywater Recycling Systems
October 19, 2007 03:13 PM - Paul Schaefer, ENN
Atlanta, Georgia - First a word about something called "greywater". Greywater is basically washwater. As homeowners, we make a lot of it each day. It's all wastewater excepting toilet wastes and food wastes derived from garbage grinders. No surprise, this partially used water can be re-used in your home for toilet flushing and watering gardens. Good for you, good for your water bill and good for the environment. Especially in drought stricken parts of the country like Georgia where the state's Environmental Protection Division declared a level four drought for sixty-one counties in the state.
Canada not listening to leading environmentalist
October 14, 2007 10:20 PM - Jonathan Spicer
TORONTO (Reuters) - David Suzuki, Canada's best-known environmentalist, has spent a generation encouraging Canadians to look after the environment, but it seems they have not been listening.
Goateed, soft-spoken and avuncular, Suzuki has built a devout following from 28 years narrating "The Nature of Things," a popular television series on the science of the natural world.
Now aged 71, he notes Canada's environmental credentials are eroding just when he says it is more important than ever to move in the opposite direction.
Green Roofed Gas Stations?
October 12, 2007 08:40 AM - Nick Aster, Triple Pundit
Whether or not a gas station can be LEED certified, I've no idea, but this creative entrepreneur in Port Washington, WI plans to give his gas station a green roofed touch. Not only that, but he plans to build it into a hillside so that the roof becomes the "front yard" of the building higher up the hill (which happens to be his house). That way, not only is he combating drainage and doing away with an "eyesore", he's also differentiating his product.
Iowa’s Earthpark: Rain Forest, Green Hotel And More
October 11, 2007 02:08 PM - Glenn Hasek, Green Lodging News
NEW YORK—Maxon Holdings LLC (Maxon), a leading energy and environmental development company, announced a partnership with Earthpark, North America’s first center for science literacy and the environment. Maxon will provide $10 million of in-kind financial and technical support toward the completion and opening of Earthpark, scheduled to open on Earth Day, 2011. Maxon will give this support through its infrastructure asset financing operations, part of the company’s asset optimization business. Maxon’s contribution will facilitate ongoing support and involvement with educational and research efforts in the areas of global sustainability and restorative living practices.
Linen Options Grow to Include Organic Cotton—What You Should Know
October 11, 2007 01:53 PM - Glenn Hasek, Green Lodging News
When Hotel Terra opens later this year in Jackson Hole, Wyoming, the linens on the beds of the 72-room, six-story eco-boutique property will be made from organic cotton. Even though the sheets and pillow cases will cost about 25 percent more than standard cotton linens, the Terra Resort Group, developer of the new hotel, will gladly pay the premium. Ashley Morgan, corporate director of sustainability for the company, says using organic cotton linens just makes sense.
Morgan believes the extra investment will quickly come back to the company, as travelers reward them for their commitment to health and the environment. Organic linens are healthier to sleep on, she says, because the cotton itself was grown without harmful pesticides. A set of cotton sheets found in most hotels today requires six pounds of pesticides to get the cotton to grow and mature.
November’s California Lodging Expo and Conference to Have Green Theme
October 9, 2007 09:05 AM - Glenn Hasek, Green Lodging News
The California Lodging Expo and Conference will have a green theme next month. The event will be held at the Oakland Marriott City Center from November 6 to 7 and feature four environment-related sessions. The event will also include presentations by the following prominent industry leaders: Niki Leondakis, COO, Kimpton Hotel & Restaurant Group; Nancy Johnson, EVP, Carlson Hotels Worldwide; and Chip Conley, founder & CEO, Joie de Vivre Hospitality.