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December 4, 2007 What's Hot in Climate Today Home | News & Ideas | Connections | Events | About

The Bali Communiqué: Hope or Hype? Last week's Bali Communiqué, in which the world's top business leaders called for a legally binding framework on climate action, has netted media attention aplenty — both positive and negative. Is it truly significant that the multinationals are pushing for global action on climate? Or is the communiqué just an opportunity to capture brand value in advance of the widely publicized Bali meeting? The answers are yes, and yes. First, the posturing: The actual commitments of the signatories vary widely from intensity goals to actual reduction of carbon emissions. While the communiqué provides high visibility, each company's climate commitment is only as good as its concrete carbon-reduction efforts. (But, we knew that already.) Second, the significance: Business does well in a framework of certainty for planning purposes and managing risk. Before moving on a market opportunity, it helps to know exactly what's coming down the regulatory pike. If nothing else, the Bali Communiqué shows the extent to which the global business community is poised to capitalize in a carbon-constrained world. And that should be very encouraging news. This Week's Top News... Xerox Hits Greenhouse Gas Target Six Years Early Xerox has already far exceeded its goal of reducing greenhouse gas emissions 10% from 2002 levels by 2012. The company says it has cut emissions 18% — and now plans for a 25% reduction by 2012. Read more... Coca-Cola Expands NYC Green Fleet Coca-Cola Enterprises (CCE) has announced plans to add 123 hybrid vehicles to its delivery fleet in New York City. Read more... 150 Global Business Leaders Call for Binding U.N. Framework on Climate Business leaders from 150 of the biggest companies and brands in the world are calling for a "comprehensive, legally binding" United Nations framework to tackle climate change. Read more... BofA Charges into the Green Credit Card Market Bank of America has become the latest major company to offer a credit card that helps customers offset their climate impact by investing in clean renewable energy projects. Read more... SC Johnson Saves Big by Optimizing Truckloads SC Johnson saved 1,800 tons of greenhouse gas emissions and $1.6 million over the past year by packing more product into each truck shipment. Read more... Supermarkets to Stock Greener Refrigerators Major supermarket chains including Whole Foods, Food Lion, and Publix are promoting cleaner, more energy-efficient refrigeration techniques — and they have a new logo to prove it. Read more... HP Inks Major Deals for Solar, Wind Power Hewlett-Packard has announced two new renewable-energy contracts aimed at reducing the company's carbon footprint. Read more... Google to Spend Millions in Search of Cleaner, Cheaper Energy Google is set to invest hundreds of millions of dollars to research and develop new renewable energy sources that produce electricity more cheaply than coal. Read more... More Climate Management News... We want to hear from you! Post your comments or questions and we'll feature the best of them here. Forward to a Friend! Save the Date for SB08! Mark your calendar and plan now to join your peers at Sustainable Brands '08 April 29-May 1 at the Marriott Monterey and Monterey Conference Center, where we'll explore together the latest in innovation for sustainable brands. Got a Killer Idea for a Clean-Energy Business? MIT has launched a clean energy entrepreneurship competition, promising a $200,000 prize for the entrepreneur who comes up with the best commercially viable green-energy idea. Entrepreneurs are invited to pitch business plans that "involve products or technologies that promote, enhance or advance diversity of supply sources or transmission; efficiency in resource use and/or reduction in greenhouse gas emissions." The competition will take place on the campus of MIT and begins on February 15, 2008. Did You Know? You don't have to wait till next week to get the latest climate news from SLM. Subscribe now for our RSS feed delivering daily headlines on how companies are meeting the global climate challenge. 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. 2007

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