Tag Archives: business & politics

BP Stock Plunges: Company Loses $67 Billion in 6 Weeks

Posted on June 1, 2010 by Benny Hollywood| Leave a comment

Image by Stephen Messenger Evidently, being responsible for the biggest environmental disaster in US history doesn’t come cheap. Over the last 6 weeks, BP has lost a staggering $67 billion — one third the value of the entire company’s market share. The spill has also cost the company an additional $1 billion in cleanup costs so far. In fact, BP’s financial outlook is so dire that some analysts say the company could fall victim to a hostile takeover…. Read the full story on TreeHugger

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PepsiCo Using Potatoes to Run UK Chip Factories

Posted on June 1, 2010 by Benny Hollywood| Leave a comment

Image via The Guardian What are potato chips? They’re slices of potatoes with the majority of the water taken out (and in most cases, a lot of oil added in). What happens to all the water – around 80% of a potato? Well, for four potato chip factories in the UK where water is an increasingly significant issue, the water will go straight toward processing the themselves. PepsiCo is planning to take the factories off the water grid entirely, and use the water from the roughly 350,000 tons of potatoes processed each year into products like Walker’s Cr… Read the full story on TreeHugger

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BP Denies Existence of Giant Underwater Oil Plumes

Posted on June 1, 2010 by Benny Hollywood| Leave a comment

Image: NASA , public domain. It already has been a few weeks since scientists have detected large underwater oil plumes in the Gulf of Mexico, but BP is still denying that they even exist. Maybe they’re saying that in good faith and truly haven’t found them, but let’s also remember that they have an incentive to downplay the scale of the spill because the fine they will have to pay will be based on how many b… Read the full story on TreeHugger

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Environmentalists Try to Trump Trump’s Golf Course by Buying Land

Posted on June 1, 2010 by Benny Hollywood| Leave a comment

Image from the Guardian Celebrities buying plots of land to block developments is the new new. Last year people opposed to the third runway at Heathrow Airport bought up a plot in the middle of the runway in an attempt to thwart it. Now opponents to Donald Trump’s golf … Read the full story on TreeHugger

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Agricultural Takes Over The World

Posted on May 31, 2010 by Benny Hollywood| Leave a comment

Image: Video still from Bill Rankin via Nicola Twilley @ Edible Geography The intensity of agricultural land use has exploded over the past 300 years. Bill Rankin at Radical Cartography synthesized data from an expansive historical land-use survey to give us a telling visual overview. … Read the full story on TreeHugger

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Bill Gates Says Large Scale Renewable Projects Are Decades Away

Posted on May 31, 2010 by Benny Hollywood| Leave a comment

photo via ted On Fareed Zakaria’s CNN show, GPS , Bill Gates gave a gloomy answer when asked about the prospects of the U.S. creating renewable energy projects at such a large scale that they will replace dirty fuel sources like coal and oil in the coming decade. Gates, normally sanguine on the power of technology and market forces to cause transformative change at a rapid pace, said that the technology to store energy f… Read the full story on TreeHugger

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Exploding Whale – A Metaphor For Top Kill, Junk Shot, And All The Rest

Posted on May 30, 2010 by Benny Hollywood| Leave a comment

Stinking whale on beach. Many cases of dynamite later…blubber rains on humans. This old exploding whale video seems like a good metaphor for the occasional failure of technology to solve to Big Problems like the BP leaker, I wanted first to use that scene in Raiders of the Lost Arc when the bad guys open up the box and all hell breaks loose. But, I can’t post… Read the full story on TreeHugger

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Canada Considering a Plan to Slaughter 220,000 Seals

Posted on May 30, 2010 by Benny Hollywood| Leave a comment

Photo via Modern Dog What is a troubled industry to do in order to survive? Well, if you’re a lobbyists for Canadian fisheries, the answer may be to simply massacre the competition. A recently disclosed proposal calls for the killing of a whopping 220 thousand grey seals to combat declining fish stocks in the waters off Nova Scotia–lobbyists say the seals have been eating too much cod. The… Read the full story on TreeHugger

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Phillippe Cousteau Joins Bill Maher to Talk Deepwater Disaster (VIDEO)

Posted on May 29, 2010 by Benny Hollywood| Leave a comment

Philippe dipping his hand into oil on a Louisiana beach. All photos and video courtesy of Philippe Cousteau . Phillippe Cousteau, grandson of French explorer, filmmaker, and ecologist Jacques-Yves Cousteau, appeared on “Real Time with Bill Maher” on Friday to explain what we are doing to our oceans and how the BP oil spill will affect the Gulf area. Cousteau called comments by some that the ocean is so big that it can easily absorb oil spills like this “bullsh*t.” Video is

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Big Corporations Lobby President, Congress For Climate Legislation

Posted on May 28, 2010 by Benny Hollywood| Leave a comment

photo via flickr A group of 60 companies, together with environmental groups, delivered a letter to President Obama and Sens. Mitch McConnell and Harry Reid yesterday calling for action on the Senate climate bill. No one knows the fate of the Kerry-Lieberman bill, introduced earlier this month, but big names like the Big Three automakers, Honeywell, and Google are saying the time for action is now. … Read the full story on TreeHugger

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