When a company improves its environmental performance, it is common to think that the accompanying economic improvements are based on the company’s more efficient use of resources. However, a new study appearing in Strategic Management Journal reveals that financial markets reward firms for going green because those firms are seen as less risky.
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Biofuels based on ethanol, vegetable oil and other renewable sources are increasingly popular with government and environmentalists as a way to reduce fossil fuel dependence and limit greenhouse gas emissions.
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Scientists in Turkey have warned that Lake Van in the southeastern part of the country will disappear in the next 10-15 years if no radical measures are applied to save it. Lake Van is regarded the fifth biggest lake in Europe.
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Mining, along with tourism, forms the economic backbone of India's seaside state of Goa. Environmental concerns recently halted much of the iron ore extraction, but the way has been now cleared for resumption of mining, in a way that is supposed to be environmentally friendly. VOA's Steve Herman reports from Goa.
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The environmental damage caused by rich nations disproportionately impacts poor nations and costs them more than their combined foreign debt, according to a first-ever global accounting of the dollar costs of countries' ecological footprints.
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We can disguise environmentally harmful practices and dress them up in words to help ease our consciences, argues Albert Bandura of the Department of Psychology at Stanford University, but such practices will have a negative impact on the planet and the quality of life of future generations, no matter how we label them.
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It is a country with some of the world's richest coral reefs, but scientists fear many of Indonesia's psychedelic reefs, already significantly damaged by blast fishing and pollution, now face an even graver threat: global warming.
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The potential revision to the government’s approach for rejuvenating a huge “Dead Zone” in the Gulf of Mexico is potentially dangerous and should be reconsidered, scientists in Michigan are reporting in a study scheduled for the Dec. 1 issue of ACS’ Environmental Science & Technology, a semi-monthly journal.
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The scientist behind the Gaia theory wants a series of giant pipes in the oceans to mix surface and deeper water as an emergency fix for the Earth's damaged climate system.
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Japan is devoting a sizable sum of money to making Asia's use of energy more earth-friendly. Tokyo's announcement came at the meeting of the Asia Development Bank in the Japanese city of Kyoto, where bank officials and government leaders are struggling to strike a balance between the need for strong economic growth and the devastating environmental effects of fossil fuel consumption.
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It's the new climate change dilemma: finding alternatives for oil and gas without doing more harm than good. In the rush to develop biofuels, forests are burned in Asia to clear land for palm oil, and swaths of the Amazon are stripped of diverse vegetation for soya and sugar plantations for ethanol.
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As government and corporate leaders look to uranium as a cleaner alternative to fossil fuel energy sources, some environmental groups are demanding that resource companies act responsibly. Recently, I spoke with the president of Ultra Uranium Corp. [TSX: V.ULU], Ray Roland, about Ultra's stance on this issue.
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