As if the oil on the sea wouldn’t be bad enough, scientist have now evidence that even more oil is beneath the surface. Thanks to massively applied chemicals most of it the crude is now floating deep in the Mexican Golf where it potentially has even more detrimental effects to the ecosystem than on the…
Freighters – Slowing Down for the Sake of Efficiency
Stronger, bigger, faster – at least in the maritime trade, this is a thing of the past. Maersk, one of the world-biggest shipping companies has announced to halve the speed of hundreds of its ships. Considering the though freight-market with dipping volumes, increasing capacity and rising fuel costs, this an important efficiency-improving move. The slowing-down…
Climate Change – Free-Riders Punished by Investors
The ”Carbon Disclosure Project” collects and publishes data concerning climate relevant behavior of corporations. While this alone is not noteworthy, it gets interesting because more than 400 investors of multinational companies are relying on this database in order to make investment and cooperation decisions. 56% of interviewed firms declare to take the climate-consciousness of suppliers…
China – Takes the Lead in the Solar- and Windenergy-Industry
China has a very bad reputation concerning the environmentally friendly energy production – every second day, a new coal-fired power plant comes on stream. Some of these hundreds of additional plants replace older even less-efficient ones but they still represent a major problem for the urgent global reduction of greenhouse gas. However, one should not…
Corruption in India – Fight it with a Worthless Banknote
In India a special banknote raises attention. It looks just like a 50 Rupee bill, but has no money value. What looks like some kind of joke is directed at a very serious issue: corruption. The banknote features Gandhi’s face and the request to abstain from any corrupt behavior. People are welcomed to give the…
