Winslow Management Study Shows Environmental Responsibility Can Be Profitable
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Today, in an open letter in the Washington Post, Tiffany & Co. called for protection of wilderness threatened by a silver mine, as well as reform of U.S. mining law regulating the industry that supplies it with gold, silver and platinum for its jewelry. Tiffany states that "opponents fears are justified" regarding the Rock Creek mine in a pristine Wilderness Area in Montana, a perfect example of why the 1872 Mining Law needs updating. This is the first time that a major jewelry company has taken a highly visible stance on U.S. law regulating mining. In his letter, Michael Kowalski, the Chairman and CEO of Tiffany & Co., called for the preservation of the Cabinet Mountain Wilderness Area and identified the 1872 Mining Law as encouraging mining in inappropriate areas. If constructed, the Rock Creek mine would tunnel under the Cabinet Mountain Wilderness Area, upstream from Idaho's Lake Pend Oreille. Some 60 Idaho panhandle businesses, as well as county commissioners and city council members, oppose the Rock Creek Mine. Under the 1872 Mining Law, the Forest Service claimed they had to allow the mine to tunnel underneath a Wilderness Area, potentially harming endangered grizzly bears and polluting precious water resources. […]
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The Solar Energy Industries Association (SEIA) today praised as historic New Jerseys initiatives that could help it overtake California as the nations leading solar market. Last week, New Jersey finalized the nations best renewable energy portfolio standard (RPS) for solar power, which calls for 90 megawatts of solar by 2008. The states new RPS will continue the explosive growth launched by the states excellent consumer rebate program, which encourages homeowners, businesses and the public sector to deploy solar energy solutions, said Glenn Hamer, SEIAs Executive Director. New Jersey Governor James E. McGreevey and NJ Board of Public Utilities President Jeanne M. Fox have led the Garden State to embrace solar and other clean energy technologies. Recognizing New Jerseys abundant, idle rooftops as a prime location to generate new power for the state, they have put in place a set of incentives that will help clean the states air while generating jobs for their constituents. The state is also developing a strong net metering law that will make it easy for solar users to connect to the grid and provide their excess electricity into the system. As New Jersey adopts these forward-thinking policies, Governor Schwarzenegger has promised to maintain Californias pro-solar […]
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FuelCell Energy, Inc., (Nasdaq: FCEL) and its distribution partner, PPL EnergyPlus, a subsidiary of PPL Corporation (NYSE: PPL), announced today they are providing a 250-kilowatt Direct FuelCell (DFC) power plant for installation at the Sheraton New York Hotel & Towers owned by Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT), one of the largest hotel operators in the world. The fuel cell power plant is expected to provide about 10 percent of the power and domestic hot water needs of the hotel. Delivery for the hotel unit is scheduled for this summer. "The clean and quiet operating characteristics of the power plant make it ideal for a congested urban setting like Manhattan, and the steady need for power at a hotel means that the fuel cell will be providing electricity and heat energy around the clock, said Herbert Nock, SVP, Marketing and Sales of FuelCell. The New York State Energy Research and Development Authority (NYSERDA) is contributing $920,000 for the project, which was a finalist of NYSERDA's combined heat and power program. The winners were selected after a rigorous evaluation to determine the likelihood of success as well as the economical and environmental benefits associated with the proposed projects. This […]
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Konarka Technologies, Inc., an innovator in solar energy products, announced that its European subsidiaries, Konarka Austria in Linz, Austria, and Konarka Technologies AG in Zug, Switzerland, have been selected to participate in a consortium of leading European photovoltaic research agencies. Konarka will provide a key role in testing, evaluation, and manufacturing of a new breed of low-cost photovoltaic cells. The goal of the MOLYCELL project is to overcome crucial obstacles for large-scale production of plastic solar cells, said Daniel Patrick McGahn, Executive Vice President and Chief Marketing Officer, Konarka. By bringing together Europes best scientists and business leaders in the field of solar technology, the program will focus on developing and manufacturing a new generation of organic photovoltaic materials having better efficiency, longer lifetime and a production cost far below those of competing technologies based on silicon, said McGahn. By coordinating our areas of expertise across institutional and country boundaries, we can develop the breakthroughs needed to bring solar power to below 1 Euro per watt, which will open the way for it wide-spread adoption of a new source of power, he concluded. The consortium of 13 technology, academic and manufacturing partners from across Europe will collaborate on a 30-month […]
Itronics Inc. (OTC Bulletin Board: ITRO; Frankfurt and Berlin Stock Exchanges: ITG), inventor and developer of the "Beneficial Use Photochemical, Silver, and Water Recycling" technology that produces environmentally beneficial GOLD'n GRO fertilizers and the 5 troy ounce, 0.999 pure Silver Nevada Miner numismatic bars, said today that its stock has been listed for trading on the Berlin Stock Exchange under the symbol ITG. "The listing was provided by a large German brokerage firm because of its interest in our stock," said Dr. John Whitney, Itronics President. "This expanded listing improves the ability of German and other European investors to buy and sell Itronics shares in Euros, thus making transactions easier and less expensive." In October 2003 Itronics was listed for trading on the Frankfurt Stock Exchange. The new listing on the Berlin Stock Exchange is expected to improve Itronics exposure for European investors and to improve the trading liquidity for Itronics shares for all of its shareholders. No new shares have been issued as part of these free listings and the improved visibility for Itronics and improved liquidity for Itronics shareholders could produce an improvement in shareholder value as the Company continues its rapid growth in 2004. Headquartered in Reno, […]