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Timberland Says Swartz Family to Sell Shares

Footwear and apparel maker Timberland (NYSE:TBL), one of the companies on the SB20 list of top sustainable stocks, said relatives of Chairman Sidney Swartz and the Swartz Foundation plan to sell 3.26 million shares of Class A common stock. Timberland says it the sale will support the Swartz family's philanthropic and investment diversification goals. After the offering, which is expected to close on March 8, about 3.26 million shares will remain be for sale under the shelf registration filed in January, the company said in a news release. Website: [sorry this link is no longer available]     

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Weekly Clean Energy Roundup:March 3, 2004

*News and Events First Commercial Wind Power Plant Slated for Arizona Kansas Utility Seeks up to 200 Megawatts of Renewable Energy Solar Power Companies Reach New Heights in Efficiency Honda Fuel Cell Vehicle Passes Cold-Weather Test Fuel Cells Help Convert New York City Odors into Electricity Company Completes Construction of Wave Energy Converter *Site News Department of Housing and Urban Development’s Energy Web Site *Energy ConnectionsEIA Releases New Statistics on Alternative-Fueled Vehicles ———————————————————————- NEWS AND EVENTS ———————————————————————-First Commercial Wind Power Plant Slated for ArizonaAPS, Arizona’s largest electric utility, announced last week that it will partner with Western Wind Energy Corporation, a Canadian company, to build the state’s first commercial wind power plant. The Eastern Arizona Wind Energy Center will be located near the New Mexico border in east-central Arizona, about 5 miles east of St. Johns. The wind energy facility will consist of ten 1.5-megawatt wind turbines for a total generating capacity of 15 megawatts. APS expects construction to begin in September, and the plant should begin producing power before year-end.APS is pursuing wind power in part to meet the requirements of the state’s Environmental Portfolio Standard, which requires utilities to generate 1.1 percent of their power from renewable energy […]

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Jetting Toward Climate Change

Commercial jet aviation has the potential to soon become the number one cause of human caused climate change, according to a professor of industrial and operations engineering at the University of Michigan-Ann Arbor. The study by Dr. Katta Murty cautions that major increases in commercial flights and expansions of airports would not only add to greenhouse gas emissions, but could further harm the protective ozone layer that surrounds the Earth. Current industry projections predict the world's air transportation industry could triple within two decades. "It is an important problem to analyze at what altitudes additional releases of greenhouse gases will have maximum impact on global warming," according to Murty. "This study also points out that the much more rapid melting of polar ice near the North Pole compared to that at the South Pole," she said, "may have been caused by the very large fraction of jet air flights in the world occurring over the northern polar region." Murty says jet aircraft atmospheric damage is unique in that exhaust emissions from such aircraft are deposited not only in the lower atmosphere but also in the cloud forming troposphere and higher, where resulting contrails are formed and other chemicals remain to […]

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Ithaca College Directs Business School Toward Sustainable Leadership

Ithaca College announced a new sustainability initiative to drive changes throughout the school and the region. The College plans to build a $14 million home for its business school, host a national summit on sustainable development, lead a regional sustainability effort in upstate New York, assess how the College can incorporate sustainability into the curriculum of all five of its schools, and incorporate sustainability practices in its own day-to-day operations. "It is our goal to become one of the nation's leading proponents of sustainability, to practice what we preach, and to produce leaders in many fields who will find solutions for meeting the needs of their generation without shortchanging future generations," said Ithaca College president Peggy R. Williams. "Enlightened corporations realize that if they hope to remain competitive they must use natural resources wisely, be responsive to the concerns of the public, and serve as good stewards of the environment." The campus-wide initiative will officially kick off April 6-7, 2004, when the college will host a national summit on sustainable development at its campus in Ithaca, New York. The new School of Business building will be designed to exceed the highest level of Leadership in Energy & Environmental Design (LEED) […]

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Mitsubishi Electric Develops PEM Unit With 83% Efficiency

Author: Mitsubishi Electric – Press Release Provider: SustainableBusiness.com News Mitsubishi Electric Corporation has developed a PEMFC cogeneration system using a Lossnay humidifier. A high level (by domestic Japanese measures) electrical efficiency of 34% was achieved, while overall energy efficiency was 83%, with heat recovery. The system was developed and reliability tested with DSS (Daily Start & Stop), and cold-weather operations needed for home and business use over the longterm, in mind. Development of the Lossnay humidifier and the molded separator which are the key components of the system was carried out with NEDO (New Energy and Industrial Technology Development Organization) funding. The Lossnay humidifier is an indispensable component of the PEFC co-generation system, enabling the system to be simplified and to achieve a high performance. Main Features High-level electric efficiency (34%) and overall energy efficiency (83%) The PEFC system construction was simplified and its performance was improved using a Lossnay humidifier as a key component. A high level (by domestic Japanese measurements) of electric efficiency (34%) and overall energy efficiency (83%) with heat recovery were achieved. Development of specific key components aimed at the production of a low-cost PEFC Molded separators made from heat-stiffened resin and carbon were used to […]

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