Category Archives: Environment

Making Coke boMaking Coke bottles from sugar cane

By doris | Published: March 7, 2011

Full Story at money.cnn.com Coca-Cola has won praise for an initiative that significantly cut water usage at its more than 900 plants around the world. But there’s another major sustainability project at Coke. Instead of focusing on Coke’s bottling plants, this one aims to make Coke bottles out of plants.

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Renewable energy without Uncle Sam’s help

By doris | Published: January 25, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — At a solar power company in downtown San Francisco, Edward Fenster plans on doubling his workforce to 8,000 people in the next year. Fenster is chief executive of SunRun, a company that puts solar panels on residential rooftops.

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Toyota shows off new family of Prius hybrids

By doris | Published: January 10, 2011

Full Story at msnbc.com DETROIT — Toyota Motor Corp unveiled Monday a family of Prius models with two new additions to its iconic hybrid series due to hit U.S. showrooms over the next 18 months. Toyota, the world’s biggest automaker, has dominated the gasoline-electric hybrid market since putting the first Prius on the road in [...]

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Pickens Plan no longer features wind energy

By doris | Published: December 15, 2010

Full Story at msnbc.com Oil tycoon T. Boone Pickens’ TV commercials blasted the airwaves in 2008 with his big idea to get America off foreign oil imports: natural gas and wind energy. Two years later, let’s just make that natural gas. Since the billionaire’s plans for the world’s largest wind farm fell apart in the [...]

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GE to buy UK oil pipemaker Wellstream for $1.3 billion

By doris | Published: December 13, 2010

Full Story at news.Yahoo.com LONDON (Reuters) – General Electric Co has agreed to buy British oil drilling pipe-maker Wellstream Holdings Plc for 800 million pounds ($1.3 billion), as GE continues its push into the offshore oil services industry. The deal is the latest in a series of GE buys in the oil services sector in [...]

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BP to sell stake in Pan American Energy for $7.06B

By doris | Published: November 29, 2010

Full Story at msnbc.com LONDON — BP PLC is selling its 60 percent stake in Argentina-based oil and gas producer Pan American Energy for $7.06 billion as part of its strategy to sell of tens of billions of assets to help pay for the massive oil spill in the Gulf of Mexico. The British oil [...]

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Bloomberg to promote electric taxis in cities

By doris | Published: November 7, 2010

Full Story at msnbc.com HONG KONG — City authorities are often better placed than national governments to combat climate change, New York City Mayor Michael Bloomberg said Saturday, vowing to promote the use of electric taxis as he takes over the leadership of a global coalition of major cities. The billionaire mayor urged delegates at [...]

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Test will tell if BP oil well can be declared dead

By doris | Published: September 19, 2010

Full Story at news.Yahoo.com NEW ORLEANS – Depending on the results of an overnight pressure test, government officials were expected to announce Sunday that the blown-out BP well in the Gulf of Mexico was dead, five months after an explosion killed 11 workers, sank a drilling rig and led to the worst offshore oil spill [...]

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Coffee prices on the rise

By doris | Published: September 12, 2010

Full Story at money.cnn.com  You may soon find yourself paying more for your morning coffee – if you aren’t already. A trifecta of bad news has sent coffee futures soaring 44% since June, and companies such as Dunkin’ Donuts, Green Mountain and Maxwell House are passing on those costs. Bad weather in South America is [...]

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BP deposits $3 billion into claims fund

By doris | Published: August 10, 2010

Full Story at money.cnn.com WASHINGTON (CNN) — The Justice Department announced Monday that the details have been completed for establishing a $20 billion escrow account that BP has promised to fund. The money will pay for claims to those who suffered from the effects of the Gulf Coast oil spill. After BP (BP) announced it [...]

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BP reportedly in talks to sell Alaska oil field

By doris | Published: July 11, 2010

Full Story at msnbc.com LONDON — BP is in talks to sell up to $12 billion of assets, including its big stake in Alaska’s Prudhoe Bay, the largest oil field in North America, The Sunday Times of London reported. A sale would be the latest of several steps the beleaguered oil giant is taking to [...]

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Upscale burger chains bring in dough

By doris | Published: June 14, 2010

Full Story at msnbc.com he weak U.S. economy is no match for fast-growing Five Guys Burgers and Fries, where the standard hamburger has two patties and french fries are served in a cup with an extra scoop on the side for good measure. While most U.S. restaurants fight for every dollar, a new crop of [...]

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BP investors struggle to factor in huge costs

By doris | Published: June 6, 2010

Full Story at msnbc.com WASHINGTON – Former Labor secretary Robert Reich wants to place BP’s U.S. operations in temporary receivership. Sen. Ron Wyden (D-Ore.) wants the oil giant to suspend its dividend payments. Attorney General Eric H. Holder Jr. is weighing criminal charges. And lawyers in more than a hundred lawsuits want BP to pay [...]

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Gulf of Mexico gusher gets cap; oil still spewing

By doris | Published: June 4, 2010

Full Story at msnbc.com VENICE, La. – BP made promising strides in its latest bid to capture some of the oil spewing from its ruptured deep-sea well in the Gulf of Mexico, while President Barack Obama called off an overseas trip and prepared for another visit Friday to the spill-stricken U.S. Gulf Coast. After failing [...]

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