Wednesday, January 25, 2006

Untangled Humpback Whale Nuzzled Her Saviors

A humpback whale freed by divers from a tangle of crab trap lines near the Farallon Islands nudged its rescuers and flapped around in what marine experts said was a rare and remarkable encounter.

Read the whole beautiful story:

Daring rescue of whale off Farallones
Humpback nuzzled her saviors in thanks after they untangled her from crab lines, diver says

Monday, January 23, 2006

The Green Banking Revolution

The Green Revolution

Are banks sacrificing profits for activists' principles?

Adopting environmentally and socially responsible banking practices is the PC thing to do these days.

Banks say doing the right thing is a delicate balance.

Activists' aggressive tactics are forcing banks to adopt policies.

In 2005 PMorgan Chase became the third U.S. bank to adopt the benchmark Equator Principles (EP) for project finance; it also promised to create policies to promote sustainable forestry and protect indigenous people's rights and to cut its own-and its clients'-carbon-dioxide emissions.

Moreover, the bank extended the EP to include all loans, debt and equity underwriting, financial advisories and project-linked derivative transactions.

This makes JPMorgan Chase one of the most environmentally progressive banks on the planet.

Read the entire article here:
U. S. Banker | The Green Revolution


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