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Metafore Newsletter: In Focus, February 4, 2007

by Portal Web Editor last modified Jan 10, 2013 08:03 AM This newsletter was made possible through support provided by the Global Development Alliance and the Office of Environmental and Natural Resources, Bureau for Economic Growth Agriculture and Trade, U.S. Agency for International Development, and by the USDA Forest Service International Programs, under the terms of Award No. 03-DG-11132762-027. The opinions expressed herein are those of the author(s) and do not necessarily reflect the view of the U.S. Agency for International Development or the USDA Forest Service.
Intel says chips will run faster, using less power; Paper giants plan to merge operations; Wal-Mart takes aim at nonrenewable fuel; Waking up and catching up; Analysis: US consumers, companies finally feeling green; Finance guru to take on environmental, climate issues; Goldman Sachs expects big returns from going green; Report says humans causing global warming; Indonesia says rich countries should pay for forest preservation; Once a dream fuel, palm oil may be an eco-nightmare; Bank of America Expands Hybrid Vehicle Program Nationally; PEFC Certified Wood Recommended by German Procurement Policy

Metafore - In Focus






In Focus
Catalyzing business action that conserves, protects,
and restores the world's forests.

February 4, 2007

Metafore News
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World News
Intel says chips will run faster, using less power
From The New York Times:
Intel, the world’s largest chip maker, has overhauled the basic building block of the information age, paving the way for a new generation of faster and more energy-efficient processors.

Company researchers said the advance represented the most significant change in the materials used to manufacture silicon chips since Intel pioneered the modern integrated-circuit transistor more than four decades ago.


Paper giants plan to merge operations
From The Boston Globe:
Canada's Abitibi-Consolidated Inc. and Bowater Inc. of South Carolina said they would combine in a stock deal that their chief executives said should create a more powerful global competitor despite a declining US newsprint market.


Wal-Mart takes aim at nonrenewable fuel
From Business Week:
Wal-Mart Stores Inc. will look for ways to reduce the amount of nonrenewable fuels used to make the products it sells, the latest target in a set of environmental goals for the world's largest retailer, Chief Executive Lee Scott said Thursday.

In an environmental speech in London, Scott said Wal-Mart could work with its thousands of suppliers to help them develop ways to rely less on fossil fuels in making their products.


Waking up and catching up
Belatedly, and for many reasons, America is embracing environmentalism
From The Economist: Since Congress convened earlier this month, the Democrats have got to work fast. The House has passed a bill that would eliminate a tax break for oil production in America, and would impose penalties on firms that refuse to renegotiate the absurdly generous leases the government accidentally granted them in the late 1990s. The proceeds—perhaps $15 billion over the next decade—would be used to fund renewable energy schemes.

Read on…

Analysis: US consumers, companies finally feeling green
From Planet Ark:
It took a war, a deadly hurricane season and an unusually mild winter, but US consumers seem ready to cut back on energy usage for good.

While it's hard to shake a reputation as obese Americans tooling down the freeway in gas-guzzling SUVs, economists and business leaders say consumers are increasingly aware of oil-related environmental damage and national security risks, and they are prepared to do something about it.

Read on…

Finance guru to take on environmental, climate issues
From GreenBiz:
Jon Anda, Vice Chairman at Morgan Stanley, has agreed to serve as President of the new Environmental Markets Network, a collaboration designed to enlist top leaders of America's financial community to serve as advocates for market-based economic solutions to global environmental and climate issues.

Under the auspices of the nonprofit organization Environmental Defense, the new Environmental Markets Network (EMN) will provide a platform for leaders in the financial and policymaking communities.

The story in full…

Goldman Sachs expects big returns from going green
From GreenBiz:
In November 2005 Goldman Sachs surprised many people in the financial sector when it announced an ambitious new environmental policy framework. The slew of green measures included commitments to consider the environmental and social impacts of investments, encourage the development of environmental markets, and reduce the investment bank's overall climate footprint.

Now a little over a year later (and on the back of soaring profits) the investment giant is taking stock of its efforts. On January 21, 2007, it quietly released its year-end environmental report, demonstrating that environmental commitments are indeed in line with Goldman's raison d'etre: making money.


Report says humans causing global warming
From United Press International:
Human activity is the source of global warming, said a major scientific report on greenhouse gas emissions issued by a United Nations panel in Paris Friday.

The report from the Intergovernmental Panel on Climate Change, which released its report at a Friday morning press conference Webcast around the world, also said global warming could not be reversed.


Indonesia says rich countries should pay for forest preservation
From IOL (South Africa):
Indonesia wants rich countries to pay developing nations to preserve their forests, which are vital to help remove greenhouse gases from the atmosphere, the country's environment minister said last week.

Keep reading…

Related News: Indonesia May Lose 2,000 Islands to Climate Change

Once a dream fuel, palm oil may be an eco-nightmare
From The New York Times:
Just a few years ago, politicians and environmental groups in the Netherlands were thrilled by the early and rapid adoption of "sustainable energy," achieved in part by coaxing electrical plants to use biofuel--in particular, palm oil from Southeast Asia.

Rising demand for palm oil in Europe brought about the clearing of huge tracts of Southeast Asian rainforest and the overuse of chemical fertilizer there.

Read on…

Press Releases
Bank of America Expands Hybrid Vehicle Program Nationally
Bank of America has announced that it is expanding its program to reimburse $3,000 to associates purchasing a new hybrid vehicle. The program will now be available to more than 185,000 U.S.-based associates. Last June, the company introduced the program to associates living within 90 miles of the three pilot program cities, Boston, Charlotte, and Los Angeles.

The full release…

PEFC Certified Wood Recommended by German Procurement Policy
The German Government announced that it will exclusively buy timber and timber products from proven legal and sustainable forest management.

Read on…



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