Sustainablog

Hong Kong magnate Stanley Ho is at it again. Not formulating a “Ho Plan” for Hong Kong energy security that centers around wind power, as the growing similarities between him and T. Boone Pickens might suggest. Stanley Ho’s investment du jour, while on par with his recently established eco-trend, will not be in Asia. Rather, the biofuel play will be located off of the Western coast of Africa.

Geocapital, a Macau-based investment holding company started in 2007 and comprised of partner investors Stanley Ho and Jorge Ferro Ribeiro, is in negotiations with the Government of Cape Verde to install a biofuels research and development center on the African archipelago, Portugal’s Lusa news agency recently reported.

The pair hopes to take advantage of Cape Verde’s experience producing biofuels from jatropha, a crop that yields ten times the output of corn plants. Jatropha-based biofuel is considered one of the best candidates for future biofuel production, and has already been successfully tested as a substitute for jet fuel in commercial airplanes. The poisonous seed has a long history as a fuel source: in the early 1900s, it was exported to France and Portugal for use in streetlamps.

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After more than seven hundred hours of filming and editing, largely underwritten both by himself and those organizations supporting his visionary film-making endeavor, Chris Bedford has offered an inspiring documentary, Coming Home: E.F. Schumacher and the Reinvention of the Local Economy, where people are, once again, people, not reduced to “consumers” or “tax payers” (recently on the hook for billions of dollars of bailout money).

As an award-winning film maker for such films as What will we eat? and The Organic Opportunity, Bedford has honed his craft to capture both the pivotal work of the late E.F. Schumacher’s Small is Beautiful and subsequent endeavors of the E.F. Schumacher Society and the creation of a local economy in Great Barrington, Massachusetts.

While viewing the film Coming Home, officially released at the MOSES Organic Farming Conference in La Crosse, Wisconsin, I realized that this was no ordinary 37 minute documentary. It could very well be the start of a revolutionary way to view the local economy, starting with sustainable agricultural systems and the organic foods these farms provided to community residents and ending with BerkShares, a local currency. According to Coming Home, about 2 million BerkShares are now in circulation throughout Berkshire County. As of February 11, 2009, 100 BerkShares equal 95 U.S. dollars.

From provocative interviews, timely quotes and excerpts from E.F. Schumacher or from those in the community, Coming Home weaves a story of hope, empowerment and some practical ingenuity at just the right time when We the People are searching for solutions, turning not to Congress, but to our communities, and to Main Street, not Wall Street. Carefully selected footage and fine editing work makes for an engaging review, even for the most skeptical of viewers who may not see the power in communities that have their own farmers, radio station, interdependent retail district and currency.

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In a rare admission of China’s strategic petroleum reserve capacity, a senior industry executive acknowledged that all four state-owned emergency oil reserve tanks – holding a total 100 million barrels – are filled to the brim.

Revealing that China’s current stockpiles have already exceeded the capacity of the first phase of facilities, which the government built over the last two years, China Shipping Group President Li Shaode urged the government to use foreign exchange reserves to finance floating storage capacity in the short term.

Li’s comments come after a string of recent oil- and gas-related events in China. Within the last few months, China has entered into natural gas supply agreements with Myanmar, Kazakhstan and Turkmenistan, and has already begun construction on needed pipelines. Just yesterday, China National Offshore Oil Company (CNOOC) signed a 25 year gas supply agreement with Qatar.

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Hong Kong tycoon Stanley Ho is most famous in business for his vast and infamous casino empire and unofficial title as one of Asia’s richest people (his estimated US$8 billion net worth earned him the 113th rank in Forbes’ 2007 list of “the World’s Billionaires”). Might news of his recent clean energy joint venture with Portugal’s top power company bring him a new title: “the Chinese T. Boone Pickens“?

According to Macauhub, a government-sponsored news publication-cum-commerce division that reports business-related news in the Pearl River region and in Portugese-speaking countries, Ho has created a renewable energy partner firm with Portugal’s Energias de Portugal (EDP), which will be known as EDP-Energy Solutions Asia. Read the rest of this entry »

The New York Times reports that various plastic bag-reduction initiatives around the country are stalling – or flatlining – due to economics. The plans in the works in places like Seattle, San Francisco and New York have included charges of 5 to 20 cents per plastic bag – and in some cases, paper bags – at, for example, grocery stores.

The intent is – was – to foster a reusable bag culture and wean consumers off their plastic bag dependency. Now, critics are saying the rough economic road we’re on these days is cause enough to halt progress of those initiatives – and related legislative proposals.

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During the eight environmentally dismal years of the Bush administration, environmental advocates learned how to effectively use the U.S. court system to aid their cause.  We saw this with a number of lawsuits including the Supreme Court’s ruling in Massachusetts v. EPA that carbon dioxide and other greenhouse gases are pollutants that can be regulated under the Clean Air Act.

Now Greenpeace, Friends of the Earth and 4 cities, including my very own hometown of Santa Monica, California, have settled a suit of almost 7 years (Friends of the Earth, Inc., et al. v. Spinelli, et al.) that will force two U.S. government run financing agencies, Export-Import Bank of the United States and the Overseas Private Investment Corporation, to take into account the effects of their overseas projects on climate change.

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GreenTalk Radio host Sean Daily talks about business strategies and opportunities in the new green economy with LOHAS industry writer, speaker, and GreenBiz.com executive editor Joel Makower. Joel is the author of the best-selling book
Strategies for the Green Economy: Opportunities and Challenges in the New World of Business.

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GreenTalk Radio host Sean Daily discusses green marketing for businesses with Maryanne Conlin, a lead writer for Ecopreneurist and Inspired Economist, and a green marketing consultant with expertise in targeting LOHAS consumers. [Courtesy of our friends at GreenLivingIdeas.com]

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There may be some ironic, redeeming inspiration over the fact that the economy is in the can: the revival of home canning. As headlines lament the downward spiral of retail, the canning industry reports an inspiring increase in sales.

A key reason roots back to probably the same reason why our grandmothers routinely canned: it simply made economic sense. By making fruit preserves as home, you could get a better-tasting, higher quality product much cheaper. Today we can add environmental sense to that equation: home canning enables us to eat more local, organically-raised produce year-round, eliminating the need for fossil fuel based transportation costs.

Despite this rationale manifesto for home canning, getting started can prove to be a discouraging hurdle as the process – from fruit processing to hot-water baths – can seem overtly time-consuming. Not so, according to Linda Amendt, the cape-crusader of home canning. Winner of over 900 awards in state fair culinary competitions and author of two cookbooks, Amendt is on a mission to help people rediscover for themselves the satisfaction and savings of home canning.

“Making a batch of jam is no more complicated than whipping up a batch of cookies,” explains Amendt. “And I promise, nothing off the store shelf will ever compare to what you make in your own kitchen.”

Here are some of her tips to get off to a successful start in homemade preserves, the easiest route for novice canners. While the official growing season is – alas – behind most of us, stockpile these tips till next year and in the meantime use fresh apple cider, which is still available, for a great beginning project (recipe after the jump).

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Most of America’s seafood counters display glistening mounds of all manner of fresh fish. But this bounty belies the fact that the oceans are in serious trouble. In the U.S., thousands of fishermen have lost their jobs, and signs of ecosystem collapse are on the rise, as nets get clogged with jellyfish rather than sought-after kinds of fish.

The graph below paints a sobering picture of how much fish populations have dwindled – and where they might be headed if we don’t act soon: In 1950, just 15 percent of stocks were overfished; in 2003, 70 percent were overfished or had totally collapsed

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