80 U.S. CEOs urge President Obama to push climate legislation

In a letter to President Obama and members of Congress, the chief executives of about 80 U.S. companies urged members of the government to pass comprehensive climate change legislation before the U.S. falls further behind the rest of the world in the race to develop clean technologies.

"We need strong policies and clear market signals that support the transition to a low-carbon economy and reward companies that innovate," the letter said. "It is time for the administration and Congress to embrace this policy as the promising economic opportunity that will empower American workers to compete and American entrepreneurship to lead the way."

The CEOs, which include the chief executives at Ebay and Virgin America, argue in the letter that climate legislation will drive innovation, improve unemployment rates, and increase U.S. companies' competitiveness against foreign competition.

For more information and to read the letter, check out this story from Business Green.

The most fuel efficient 2010 cars and SUVs

The Daily Green has compiled a slide show of 2010 cars and SUVs that get over 30 miles per gallon. As we have pointed out before, going green doesn't necessarily have to cost you a bundle, and you will see that most of the vehicles cost about as much as other, less-efficient models.

Each slide contains a description of the car as well as a neat section that will highlight the fuel efficiency, the cost to drive 25 miles, and the annual emissions of each vehicle. Whether you are in the market for a compact, a family sedan, or a SUV, this list likely has something for everyone. Check it out here when you get a chance.

U.S. government introduces funding to increase fuel efficiency of large trucks

The U.S. government announced funding this week for nine projects aimed at increasing the fuel efficiency of large trucks and passenger vehicles.

Government officials said the funding will create 500 jobs immediately and has the possibility of creating as many as 5,000 jobs in the future.

The Department of Energy said the projects could reduce carbon emissions from road transport vehicles in North America by 30 percent by 2030.

For more information, check out this story from The Daily Green.

Five radical (maybe crazy) ways to stop global warming

As politicians continue to debate what role governments should play in fighting global warming, some people are promoting scientific fixes to the problem.

Some of these ideas may be feasible, while others are just plain crazy. But, I guess it is important for us to realize that while the best solution to global warming may lay in changing current behaviors, this may not be enough to reverse some of the damage our past actions have caused. Looking at scientific ways to slow down warming may be helpful as well.

If you're curious (and you should be), check out this story from The Daily Green.

Copenhagen climate talks result in no binding agreement

Editor's Note: It's been a busy month here at TransAction, so we haven't been able to update the blog as often as we would like. However, regular updates should begin again in the near future.

As was expected by most, the U.N. Climate Summit last week in Copenhagen did not result in a binding agreement on emissions reductions. While accusations from both emerging and developed nations point the blame at each other for hindering the negotiations, the important thing to take out of the discussions is that while most nations involved agreed that climate change is a serious problem and that action should be taken, no emission reduction targets were agreed upon.

What came out of the negotiations is a two-page document called the Copenhagen Accord. It serves as a political (not legal) agreement between nations, and the accord gives very little details on how the nations that sign it actually plan to fight climate change.

Reaction to the accord has varied depending on who you ask. Instead of telling you what people are saying about it, you can read the reaction of several climate leaders in their own words, courtesy of Business Green. Click here to check it out.

Senate puts climate bill on hold

Democratic leaders in the Senate decided today to put off more debate on the proposed climate change legislation for at least five weeks so the EPA can do an analysis of what the bill would cost to implement.

The delay will mean that any vote on the bill will almost certainly not occur until next year. This also means that no bill will be passed before the U.N. climate change summit in Copenhagen on December 7 despite pleas from German Chancellor Angela Merkel and U.N. Secretary General Ban Ki-moon for the U.S. to set the tone for the discussion by passing its own binding legislation.

With a lack of legislation before the summit, the U.S. team of negotiators will not have any mandate from Congress on what they should negotiate for. This could limit the team's willingness to agree to binding carbon emission reduction targets, something that U.S. negotiators have been hesitant to agree to in the past.

For more information, check out this story from Business Green.

Report claims one in five jobs will be in green sectors by 2030

A report released this week by the American Solar Energy Society suggests that by 2030 about one in five jobs in the U.S. will be in the emerging energy-efficiency and and renewable energy sectors, adding that the sectors could employ about 37 million people in the next two decades.

Granted, this report is from a trade industry group for the renewable energy sector, but it is obvious that green sectors, such as those listed above, are gaining jobs as more government funding is released for green projects and more private sector companies are popping up to meet the demands of consumers.

Interestingly, while the common perception is that green jobs that are created will be in high-tech fields, the report states that most of the jobs created will be in more traditional fields, such as agriculture or carpentry. For more info on the future of green jobs, check out this story from Business Green.

White House optimistic about climate change bill's chances

After meetings between key Democratic and Republican lawmakers, White House officials are much more confident that a compromise can be reached on a climate change bill than they were just a month ago.

Republican senators who were previously opposed to any kind of climate change legislation have been hinting that they may support a bill so long as it included provisions to fund nuclear energy and domestic oil exploration. White House officials have said that both items are at least somewhat negotiable, meaning that whatever compromise is agreed upon will likely have at least some Republican support.

The talks between lawmakers are important as the UN's Copenhagen climate change summit in December quickly approaches. Progress on the bill will give U.S. officials a better idea of how to go about negotiating the provisions of a potential successor to the Kyoto Protocol.

For more on U.S. climate change talks, check out this story from Business Green.

UK national weather services releases climate change map

The Met Office, the UK's national weather service, released an interactive map today that details the catastrophic impact of a four-degree rise (in Centigrade) in global temperatures.

The map is based on a report that the office released last month, where researchers concluded that the world could see a four-degree rise (equivalent to seven degrees Fahrenheit) in temperature over pre-industrial averages by 2060. Temperatures would likely rise more closer to the poles and less in areas around the equator.

The map details scientists' conclusions on the impact of rising temperatures on water supply, forest fires, agriculture, and sea levels. Scientists have also concluded that increased health risks associated with malaria and other airborne diseases would likely occur.

"Climate change is a truly global problem that needs a global solution and it is a solution we have within our grasp," UK's Foreign Minister David Miliband said. "But to tackle the problem of climate change, all of us – foreign ministries, environment ministries, treasuries, departments of defense and all parts of government and societies – must work together to keep global temperatures to two degrees. It is only by doing this that we can minimize the huge security risks presented by a future four-degree world."

For more information and to see the map, check out this story from Business Green.

Kyoto's expiration could spell doom for some green projects

So far, international negotiations for a successor to the Kyoto Protocol have been stagnant at best, even after leaders from 177 countries met in Bangkok last week to discuss a new climate change agreement.

The problem is that the interests of developed countries (such as the United States and most of Europe) and less developed nations (such as China, India, and Brazil) are conflicting. The developed nations want the less developed nations to commit to cutting a percentage of their emissions, but those countries say that the developed nations are the ones responsible for climate change and also have the money to make the cuts, so they should have to do most of the work. In a way, both groups have a good point and are right in a lot of respects.

However, debate over how the new agreement should be structured and what it should contain aside, if leaders fails to agree on a new climate change treaty, many green projects around the world are in danger of being shut down after 2012. Obviously, this would be a travesty, as much of the progress those projects have made would be lost. For more info on what is at stake during the global climate change discussions, check out this story from The Washington Post.

Proposed Senate climate bill stricter than House version

The climate bill that is expected to be introduced in the Senate's Environmental and Public Works Committee today is more strict in regards to emissions targets than the one narrowly passed by the House earlier this year.

The bill would require a 20-percent emission reduction by 2020 from 2005 levels of CO2 emissions. The House bill requires a 17-percent reduction. Both bills target an 83-percent reduction by 2050.

The bill sets up a cap-and-trade system, which would allow industry members to buy and sell emissions within a total emissions cap. The House bill has a similar cap-and-trade system included.

The introduction of the bill is expected to ignite a climate change debate in the Senate within several committees before a debate on the Senate floor later this year. For more info on the bill, check out this story from The Boston Globe.

Global warming talks heat up

With the landmark Copenhagen climate conference just a little more than two months away, news surrounding a potential successor to the Kyoto Protocol is heating up. Last week, representatives of the so-called G20—finance ministers and central bank governors of 20 major national economies—met in Pittsburgh to discuss global warming, among other things.

As the pivotal conference approaches, scientific reports are coming out that are raising the stakes. The U.N. released a report this week that states that the world is on course for a 6.3 degree temperature increases even if all the proposed actions are implemented by every government worldwide. Part of the report is particularly scary as it states that the worst-case scenarios for global climate disasters are actually worse—and not as far in the future—as previously thought.

For a good summary of all the recent news in the global warming debate, check out this story from The Daily Green that contains links to six items that are making news.

Five food tips to keep the environment (and you) healthy

Much of the food we consume has detrimental effects on the environment caused by packaging, pesticides, and the release of greenhouse gases. However, The Daily Green has five tips today that can help you keep these hazardous items out of the environment while making your own body healthier by consuming nutritious food.

From buying local products to purchasing organic goods in a smart manner, these tips are sure to help you on your way to living a greener lifestyle. Check out the full list when you get a chance.

Eco films and series set to debut

You may have heard that Ken Burns new series called "The National Parks: America's Best Idea" is set to debut on PBS on September 27. PBS' website says that while the show was filmed over six years at some of the most breathtaking locales in the country, it is essential a story about people from all walks of life who are interested in preserving the natural wonders of the world. You can check out a sneak peak of the series here, and hopefully this makes you want to watch the rest because it looks like it will be really good.

Also in the link above, you will find clips and descriptions from three films debuting soon, including No Impact Man, The Age of Stupid, and Crude. These films depict various environmental injustices going on in the world.

Long-term Arctic temperature trends reverse

After cooling for nearly 2,000 years, the cooling trend has reversed in the Arctic regions of the Earth, according to a study released last week in Science magazine.

Northern Arizona University researchers used samples of lake soil as well as data from weather stations in the Arctic to create a decade-by-decade history for the average temperatures of the region. From the year 1 AD until 1900, the researchers estimated that the region cooled by .2 degrees Celsius per 100 years. However, by 1950, the temperatures in the region were .7 degrees warmer than would be expected at the rate of change demonstrated during the previous 1,900 years had continued.

It is important to note that this data supports the data of other studies which has suggested that temperature patterns in the Arctic regions of the Earth have changed during recent years. For more information on the study, check out this story from Business Green.

Grocers with New England presence chill for the environment

EPA’s GreenChill Advanced Refrigeration Partnership announced its 2009 partner awards this week, and the awardees included Whole Foods, Hill Phoenix and Supervalu, the parent company of Shaw’s Supermarkets and Star Market. All three companies have a significant presence in New England states.

An EPA cooperative alliance with the supermarket industry, the GreenChill Partnership works with supermarkets to reduce their emissions of ozone-depleting and greenhouse gas refrigerants.

Whole Foods, a nationwide chain of supermarkets and a GreenChill Founding Partner, received the award for Most Improved Emissions Rate. Another food retailer with many outlets in New England and nationwide, Supervalu, was recognized for achieving its emissions target in 2008/09. Supervalu’s stores in New England are Shaw’s Supermarkets and Star Market.

To read the rest of this story, click here.

Fossil fuel industry outspends renewable energy industry on lobbying

The Daily Green is reporting that of the 1,000 or so companies that are paying lobbyists to influence legislators on climate and energy policy, no other group is spending anywhere close to the amount that fossil fuel companies are spending.

The Washington Post backs up this claim, reporting that oil and gas industries spent over $82 million lobbying Congress in the first half of 2009. The alternative energy industry spent only $12 million over that time.

The House has already passed a landmark cap-and-trade regulation. Whether the Senate passes it is yet to be seen. Environmental groups would like to see the Senate pass a version with more stricter requirements, while fossil fuel industry advocates would prefer if the legislation was never approved by the Senate. For more info, check out this story from The Daily Green.

The truth about cap-and-trade regulations

There's a multitude of negative information going around about cap-and-trade regulation. Some of the items are legitimate concerns, but most are misinformation being spread by the opponents of climate change legislation.

You may have heard some of them. One of the worst offenders is the notion that cap-and-trade laws will cost jobs. New jobs will be created in renewable energy fields that will more than offset the job losses in other fields. Another one of my favorites is that cap-and-trade will make the U.S. less competitive than the rest of the world. This is amusing because the U.S. is behind almost all of Europe and some of Asia in enacting climate change regulation.

For more misinformation that is being spread about the proposed cap-and-trade regulation, check out these seven myths from The Daily Green.

U.S. Chamber of Commerce calls for "Scopes Trial" on climate change

The nation's largest business lobbying group—the Chamber of Commerce—announced yesterday that it is seeking a full-blown trial on the facts surrounding whether or not climate change is a man-made phenomenon.

"It would be evolution versus creationism," said William Kovacs, the Chamber's senior vice president for environment, technology and regulatory affairs, drawing parallels with the Scopes trial. "It would be the science of climate change on trial."

The Chamber has been lobbying for a public hearing on the facts surrounding climate change since the EPA's recent announcement that global warming represents a threat to human healthy. The Chamber is likely to file a case in federal court should the EPA refuse to agree to a public hearing.

While this is likely just a PR ploy, a modern day Scopes Trial over climate change would definitely be interesting and, quite possibly, beneficial for many people who are unfamiliar with some of the facts surrounding climate change. For more info, check out this story from Business Green.

U.S. agriculture secretary calls for more forest conservation

U.S. Agriculture Secretary Tom Vilsack said the country needs to spend more resources managing and protecting its forests in remarks he gave in a speech last week in Seattle.

Vilsack said that protecting the forest has a number of environmental and economic benefits, including creating jobs, combating climate change, and conserving water. Climate change has largely been cited as a reason for the increase of in the number of catastrophic wild fires seen in the western half of the U.S. And, as more forests are destroyed, climate change only gets worse in a seemingly endless cycle.

Vilsack's plan calls for the government to create green jobs that restore forests, so the forests can be used as "carbon sinks" to lessen the impact emissions have on global warming.

For more info on what Vilsack had to say, check out this story from The Boston Globe.