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Today's Top Five CSR/Sustainability Stories - 11/11/08
Reuters, SRI, New York - Investors worldwide are calling for policymakers to push more stringent greenhouse gas legislation. More than 130 big investors that collectively represent over $6 trillion want countries to reduce their greenhouse gas emissions by at least 50% over the next 40 years. Investor groups include the California Public Employees' Retirement System, which is worth over $185 billion, and the London Pensions Fund Authority. The groups ultimately hope to pressure governments to sign on to a binding successor to the Kyoto Protocol.
MarketWatch, CSR, Singapore - 15 finalists were announced for the 2008 Asian corporate social responsibility awards this week. Five winners will be given prizes, presented by Dr. Noeleen Heyzer, Executive Secretary of the Economic and Social Commission for Asia and the Pacific at the level of Under-Secretary-General for the United Nations. Awards will be given for best workplace practices, concern for health, environmental excellence, poverty alleviation and support and improvement of education.
Washington Post, human rights, Washington - Human rights groups are calling on American President Elect Barack Obama to close Guantanamo Bay on his first day in office. The American Civil Liberties Union took out a full page advertisement in the New York Times on November 9 urging Obama to restore "America's moral leadership in the world" by closing the controversial prison. Obama and his advisors have been discussing ways to tackle the difficult issues posed by providing fair trials for detainees while still protecting American national security.
BBC, clean technology, Salar de Uyuni - The increasing popularity of electric vehicles will likely mean an economic boom for Bolivia, the world's richest lithium producer. Energy experts predict that the price of lithium will increase five times over the coming years as battery production increases. The socialist nation, however, is unlikely to be receptive to international investment. The government hopes to nationalize the resource rather than allow private investment.
New York Times, clean technology, New York - A reliable green power grid could cost as much as $2 trillion to complete. A recently released report by the Brattle group suggests that it might cost more to update the power grid nationally than to produce new renewable energy generators. Al Gore suggested in a recent speech that the cost of our current inefficient system results in a loss of $120 billion to American businesses each year.
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