BUSINESS WATCH

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Saturday, February 17, 2007

Green is the New Black

Climate change has gone mainstream. How to tell?

#1 “Let’s Talk About Climate Change” full page ads have been appearing in the Washington Post by…Exxon. When THE BIGGEST climate change denier nonchalantly changes tact to engage the issue on its own terms rather than insisting it doesn’t exist, they have conceded the fight. The vice president for public affairs of the world's largest publicly traded oil company, Kenneth P. Cohen (no relation), said that, the company has never denied the existence of climate change. No, they have only heavily funded those that do.

#2 Bush mentioned it for “the first time” in six years in office in a State of the Union address.

#3 Lawmakers in the U.S. finally seem poised to pass legislation, which business groups may support out of fear of a patchwork of regulations in the absence of a uniform national approach. Also, a group of global lawmakers signed a resolution Thursday urging a new agreement limiting greenhouse gas emissions.

And in other cultural indicators:

#4 International benefit concerts with a cause that once covered famine aid for Africa, farmers, and poverty, now will tackle climate change. "Save Our Selves" -- SOS will be held "on 7/7/07 across all seven continents" aiming to trigger an international movement to combat global warming – with proceeds going to Gore’s foundation, btw.

#5 The main classic rock station in the Washington DC area, 94.7 FM, has banked that green is good, to paraphrase Gordon Gekko in the movie Wall Street, with a new name – The Globe, and mission: “We want to be a part of the solution.” Their web site lists the following among their top 12 priorities:

1. THE GLOBE - We All share and have a vested interest in The Globe.

3. THINK GLOBALLY, ACT LOCALLY - As a Local Radio Station, we'll support our community...because we live here too.

Of course, they also hawk global positioning gadgets with the pitch that you can find the nearest place to recycle your garbage.

2 Comments:

Anonymous Anonymous said...

The easiest response would be an exasperated shrug and a cynical sigh and mutter 'about time.' But it's only with the U.S. efforts that climate change will finally be addressed. The technological breakthroughs will come from the United States, as will the money for research and the shifts in consumer demand that will drive real change.

Still, there's no way the United States is going to cut gasoline consumption 20 pct in 10 years without a crisis. If there's any good that could come from the current chaos in the Middle East, it might be $150/barrel oil, which would finally change energy consumer habits. But it's gonna hurt.

11:03 PM  
Anonymous Anonymous said...

Thanks for writing this.

5:10 PM  

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