22 December 2009

What Copenhagen Means for Business, and other company, industry and related news

Top Stories

After COP 15, What’s the Outlook for Business?reliability high.
"The agreement puts business leaders in the uncomfortable position of not knowing how environmental policy will force decisions about the costs of doing business, reports the Wall Street Journal." "For corporate sustainability leaders, the lack of a binding agreement means that multinational firms should update their climate change and sustainability strategies, according to a report from Verdantix, 'Business Implications of the Copenhagen Accord.'" Highlights of report. From Environmental Leader. WSJ story here. Verdantix executive summary here.

Climate Chaos: Is There a Silver Lining to the Copenhagen Fiasco?reliability medium.
"One of the early and overwhelming conclusions in the wake of the 'Copenhagen Accord' is that the United Nations process for reaching agreement on climate change is broken." "Indeed, it’s not clear whether the summit’s conclusion underscores the need to ditch the existing UN framework or whether that framework has already been scuttled." More comments on direction process might go. From Wall Street Journal Environmental Capital blog.

Better than nothing.reliability high.
"EVEN its biggest fans—if such people exist—would be hard-put to find the Copenhagen Accord on the climate a rousing success. "Many," admits Ban Ki-moon, "will say it lacks ambition." Despite the emotional support and demands of tens of thousands of activists gathered in the Danish capital, expectations of the UN climate conference among participants were not so high that they were hard to meet. But the accord put together on Saturday December 19th by an informal grouping of countries, including America, China, India and South Africa, barely made it over, and was only incorporated into the conference's conclusions after a tense all-night session." See The Economist.

Companies, Industries, Markets and Supply Chains

Sony Ericsson Unveils Latest GreenHeart Phones.reliability high.
"Sony Ericsson is adding two phones and a handsfree headset to its GreenHeart line of products with lowered environmental impacts. The company's GreenHeart initiative, begun in mid-2007, brings together the major green efforts that Sony Ericsson has taken up to lower its products' resource and energy use." More on the phones. See GreenBiz.

Carbon Permits Tumble After 'Modest' Climate Deal.reliability high.
"European and United Nations carbon prices fell the most since February after the Copenhagen climate accord didn't set targets that would boost demand for permits." More on markets' reaction. From Bloomberg.

S. Korean manufacturing firms to commit $3.4B to cleantech in 2010.reliability high.
"South Korean manufacturing companies are expected to commit more than 4 trillion won ($3.42 billion) to cleantech in 2010, according to Thomson Reuters today, citing new data from the Korean government.  The investment would be an increase from this year’s 3.2 trillion won." From Cleantech Group.

Jackson Family Wines to Cut Water Use 70% by Recycling.reliability high.
"Jackson Family Wines is introducing the wine industry to a new era in winery water recycling and energy-use reduction that, if adopted by even 35% of California wineries, could result in conserving as much as one billion gallons of water annually." More about the technology Jackson has tested. See GreenBiz.

IBM to Smarten up Australian Grid.reliability high.
"The Western Australian city of Perth is to become the latest to roll out smart technologies after energy firm Western Power yesterday signed a major deal with IBM to install smart grid systems across the city. The project will involve the rollout of smart meters to all homes in the city and surrounding area and the installation of a communications infrastructure to transfer energy usage information." Open-standard smart grid. From GreenBiz.

[Crossposted from HaraBara.com courtesy of HaraBara, Inc. Copyright © 2009 HaraBara, Inc.]