Dedicated to the balanced discussion of global warming
East Bay Business Times – January 30, 2008
There is no doubt that it is difficult to make a real difference in changing the waste of our precious resources. While Al Gore may say that it is simple to make a major impact, the sad reality is that it isn’t. It takes considerable effort to make a major change and this underpins how difficult it would be to reverse mankind’s creation of carbon dioxide.
Even the recent Superbowl has tried to be a more green endeavor but the results were probably less than satisfactory. They even planted a bunch of trees to offset the carbon production, even though the carbon lifecycle shows that this is not truly a long-term solution to the problem since the trees will eventually die and then release most of their carbon back to nature.READ MORE
Silicon Valley / San jose Business Journal – January 28, 2008
I am not a lover of carbon trading. I have complained about them multiple times (read some of my comments here, here, and here). However, I plan on discussing how companies are trying to be “green” and also how they are trying to profit from that effort – at least in the court of public opinion if not on their balance sheet. (Follow the feed link to read the rest of the story).
So it seems prudent to take a look at Intel which instead of trading carbon purchased renewable energy credits. This is not a company that uses huge amounts of energy like a heavy manufacturer like GM or Ford. However, they are quite large and their energy bill is likely quite considerable.READ MORE