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Economics of Coal Power and Wind are shifting in favor of Wind
While the cost of wind power has been dropping, a fascinating article in The Washington Post describes how coal mining is becoming more difficult and expensive. The coal industry cites environmental regulations as the main source of upward pressure on costs but WaPo writer Steven Mufson makes a convincing case that factors within the coal fields themselves are the main culprit. Mufson is careful to note that the trend varies from one coal field to another, but it is occurring in the key coal-producing region of Appalachia among others. Against the backdrop of falling wind prices, the rising cost of coal provides businesses with yet another incentive to explore ways of tapping the wind to power their operations.
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Climate change mitigation 'far cheaper than inaction'
Tackling the global climate crisis could reap significant economic benefits for both developed and developing countries, according to a new report. The impacts of climate change and a carbon-intensive economy cost the world around US$1.2 trillion a year — 1.6 per cent of the total global GDP (gross domestic product), states 'Climate Vulnerability Monitor: A Guide to the Cold Calculus of A Hot Planet'.
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Survey Shows Business Community Moving Toward Sustainability
Initially, corporate sustainability was a tertiary practice that focused on reporting; increasingly, it is influencing core strategic business decisions. A proactive stance on sustainability is becoming a competitive necessity to attract investors, source talent, meet the requirements of supply chain partners, and address growing consumer demand. Companies are seeing the value of operating in ways that address environmental concerns, health and safety issues and operational risks. They increasingly understand that good product stewardship, responsible energy consumption, and low carbon practices are necessary components of a competitive business. Although a sustainability strategy can be onerous, it is an increasingly essential aspect of a viable business. Engaging sustainability requires that companies are innovative and that they know consumers. Obviously, they must avoid greenwashing and they must tie sustainability to their core business. Some of the contemporary realities that are emerging around the issue of sustainability involve collaborative approaches and securing appropriate external certification.
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Nearly Curtains for the Mexican Wolf
In North America, the gray wolf has been nearly driven to extinction. Only thanks to recent conservation efforts in places like Yellowstone and other areas of North America have gray wolf populations bounced back. Unfortunately, this is not the case for a subspecies of gray wolf living in the US Southwest and Mexico, the Mexican wolf. There are few other land animals on the continent that have come closer to extinction. They were ruthlessly hunted and trapped by ranchers and the federal government since the 1800s. The Mexican wolf has been reduced to captive breeding in order to keep their species going. But this conservation effort appears to be failing, as it is plagued with mismanagement and conflicting rules.
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