On the right track

Written by Japhet

Things are happening fast in the world of coal. Gristmill’s Dave Roberts caught this story in the Toronto Star about the recent push by investment firms like Merrill Lynch and Europe’s largest insurance firm Allianz, pressuring the U.S. Congress to pass a climate change policy that would put investors and investments on the global warming map. Basically, they are asking the U.S. gov’t to help start a market for cap-and-trade regulations that will depend on goals set by the gov’t.

Its a good first step. One small downer in the article was the fact that “they won’t call for any specific climate-change policy…”

All of this and more is encouraging in the longer term battle to change how this country gets and burns its energy.

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Posted on 18 March 2007

Tags: climate

About the Author

After a lifetime on the East Coast and getting stuck in the Midwestern suburbs of Chicago and northern Michigan I'm finally on the West Coast in the always cool and never hot city of San Francisco. Japhet worked for various outdoor organizations before becoming a member of Howard Dean's webteam (a lowly online organizer) in Burlington, Vermont. Afterwards, he continued his election work with America Coming Together in Madison, Wisconsin where he helped increase voter turnout to the highest in state history. Now, coming back to this environmental and corporate ethics roots, Japhet is excited to put his skills to use for Rainforest Action Network.

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