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February 12, 2008 What's Hot in Climate Today Home | News & Ideas | Connections | Events | About

Eagle-eyed readers, you caught us! Last week's newsletter erroneously stated that Climate Savers is a U.S. EPA program. In fact, it is a project of the World Wildlife Fund. California Mulls Carbon Fee for Business Businesses in the San Francisco Bay Area may soon be required to pay an annual fee based on the carbon dioxide they emit. The Bay Area Air Quality Management District has proposed levying a 4.2-cent fee for each metric ton of carbon dioxide a company releases into the atmosphere. Read more... Also This Week... U.S. Auto Dealers Back Higher CAFE Standards America's new-car and truck dealers are at the center of the fight over fuel economy and vehicle tailpipe emissions, says the National Automobile Dealers Association (NADA). Speaking at the 2008 NADA Convention & Exposition in San Francisco yesterday, incoming chairman Annette Sykora voiced strong support for the U.S. government's "aggressive but responsible" increase in CAFE (Corporate Average Fuel Economy) standards to achieve 35 miles per gallon by 2020. Read more... Online Self-Booking Helps Drive Greener Business Travel Decisions Corporate travel policies are increasingly governed by environmental concerns as more companies allow their employees to book their own business trips online, according to a new survey from the Association of Corporate Travel Executives and travel solutions firm KDS. Read more... Bank of America Ditches Partnership with Carbon Offset Company Bank of America has backed out of a deal to buy a major stake in the Climate Exchange, the U.K. company that runs both the Chicago and European carbon-offset trading exchanges. The deal, signed last July, called for BofA to market Chicago Climate Exchange (CCX) carbon offsets to its customers. Read more... 80% of Execs Expect Climate Regulation Within Five Years Few companies have set concrete targets for emissions reduction, despite the fact that the overwhelming majority of executives expect “some form of climate regulation” to soon take effect in the country where their business is headquartered. These are the findings of a new study published in McKinsey Quarterly, which reports that four out of five executives anticipate new climate regulations to be enacted within five years, and one out of three think such legislation may be just one or two years away. Read more... Woolworths CEO on Climate Action: “Just Do It” Companies need to stop “navel gazing” and start taking concrete steps to reduce their carbon footprints, says Woolworths CEO Michael Luscombe. The head of Australia’s largest supermarket chain told a gathering of business executives to “just get out there and do it,” adding that “you might not get it all right, but you will learn a hell of a lot along the way." Read more... Vulcan’s Downhill Conveyor Saves Energy, Emissions A simple idea is helping Vulcan Materials Company save electricity at its Corona, Calif., Plant. The construction materials manufacturer has designed a new downhill conveyor that generates electricity for the facility as it carries rock to the plant below. Read more... EU's Cleaner Planes Project Takes Off The European Commission has officially kicked off its Clean Sky program, a $2.4 billion collaboration with the aeronautics industry to design cleaner airplanes. Under the program, aerospace firms will pool the money to research and develop planes that make less noise, consume less energy, and can run on alternative fuels. Read more... More Climate Management News & Tools... We want to hear from you! Post your comments or questions below any SLM news story and we'll feature the best of them here. Forward to a Friend! What Is Carbon Credit? C02 emissions trading can help lower the environmental cost of doing business – if you know how to navigate the booming $60 billion market. This clear, concise backgrounder covers the basics. (BNet) Read more... Save the Date for SB08! Mark your calendar and plan now to join your peers at Sustainable Brands '08, where we'll explore together the latest in innovation for sustainable brands. The event will be held in California at the Hyatt Regency Monterey Resort from June 2-5, 2008. Find Peers and Partners If you haven’t already joined the fastest growing online sustainable business community, create a profile now and start connecting. Advertise on SLM! Become a Sustainable Life Media advertiser or sponsor and reach thousands of business leaders looking for product or service solutions to help them build their sustainability story. Click here to learn more. Have a story you want told? Send it to us! Solution Providers

Sustainable Life Media is home for business professionals looking to build new value and competitive advantage by innovating more sustainable processes, practices and products. We bring you top stories related to the what, who and how of environmental and social innovation, and help you connect with thought leaders, peers, partners and solutions providers that can help you quickly reach your goals. This work is licensed under a CreativeCommons License. Copyright Sustainable Life Media Inc. 2008

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