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industrial plant emissions

Businesses Using Carbon Pricing to Manage Climate Risks

Carbon markets are booming, according to two new reports, and business is playing a key role. Global carbon markets’ total value increased 9 percent to €48.4 billion ($52.6 billion) in 2015, boosted by North American markets, which grew 121 percent in terms of volume and 220 percent in terms of … Read more »

Microbeads

Plastic Microbead Ban Signed into Law, Wins Industry Support

The plastics industry says it supports a new law that phases out plastic microbeads starting in 2017. US President Barack Obama last week signed the law, which bans personal-care products from containing microbeads and aims to help remove plastic pollution from water supplies. The law defines microbeads as “any solid … Read more »

zero waste

Zero Waste: Stop Throwing Money in the Trash

Companies have a major financial incentive to achieve zero waste. “Waste = Wasted Cash,” writes Eric Lombardi, executive director of Eco-Cycle International, on Waste360.com. An example: Unilever North America, which achieved 100 percent zero-waste-to-landfill at all dedicated distribution centers in North America earlier this year, said zero waste resulted in … Read more »

recycling

Recycling Smackdown: Closed Loop Fund vs. John Tierney

John Tierney’s now infamous opinion piece that argues recycling it too costly and isn’t benefiting the environment, published in last week’s New York Times, has been fact checked by the Closed Loop Fund team — and the recycling group says it’s bunk. In “The Reign of Recycling,” Tierney writes “it’s still … Read more »

Closed Loop Fund recycling

Recycling ‘Game Changer’ Gets $24M Cash Injection

A major plastics recycling plant that will recycle the #3-#7 hard–to–recycle plastics such as yogurt containers and lawn furniture is slated to come online in October, servicing much of the US East Coast, thanks to a multi-million investment by the Closed Loop Fund. The fund has amassed millions of dollars … Read more »

industrial plant emissions

Carbon Pricing Surges Across Major Multinational

Putting a price on carbon emissions is going mainstream, according to new disclosures provided to CDP, which finds major multinationals including Allergan, Campbell’s Soup, Colgate-Palmolive, Stanley Black & Decker, Exxon Mobil, General Electric, Nestle, Microsoft and Nissan are among the 437 companies using carbon pricing to offset the costs and … Read more »

Walmart Sustainable Products Director Leaves for Company-Backed Recycling Fund

Robert Kaplan, Walmart’s sustainability director is leaving the US retailer to become managing director of the Closed Loop Fund, a recycling initiative that aims to provide 100 percent of US consumers with access to recycling where and when they need it. Kaplan had been serving as an advisor to the Closed … Read more »

Bunge Makes Sustainable Palm Oil Pledge

Global agribusiness giant Bunge has committed to building a traceable supply chain for 100 percent of the palm oil and palm derivatives it trades, processes and utilizes in commercial and consumer products worldwide. Bunge trades palm oil and derivative products, and uses the products as ingredients in some of its … Read more »

curbside recycling

Zero-Interest Loans to Develop Recycling Infrastructure

Municipalities across the US can now apply for zero-interest loans to develop recycling infrastructure. The Closed Loop Fund has opened its application process for municipalities and private entities across the country. It plans to invest $100 million over the next five years to support the development of recycling infrastructure and … Read more »

forest

Ford Roundtable: Protecting Forests Benefit Climate, Bottom Line

The Ford Foundation, together with the Climate and Land Use Alliance, will host a meeting among major corporate, indigenous and government leaders for a conversation about what it will take to slow deforestation, reduce conflict over forests and stem global climate change. The meeting will take place on Sept. 22, … Read more »