"These are good times for Libbey, a 125-year-old American glassmaker that nearly went bankrupt four years ago. The company’s shares have risen to almost $20 from below $1, sales of its tableware are at a record high, and its energy-intensive factories saved more than $5 million in 2012 as natural gas prices fell."
Economy & Business
"The Washington State Department of Ecology has known since the 1990s that its water-pollution limits have meant some Washingtonians regularly consume dangerous amounts of toxic chemicals in fish from local waterways."
"Energy subsidies cost governments from the U.S. to Egypt $1.9 trillion, discourage private investment and help wealthy consumers more than the poor, according to a study by International Monetary Fund staff."
Products so toxic they are banned in the United States -- lead paint is just one example -- are still being legally exported by U.S. corporations to other countries, where they may harm unsuspecting customers.
"Investors stand to lose most of the $1.28 billion they put into Suntech Power Holdings Co. after the solar manufacturer said it wouldn’t resist a bankruptcy petition filed in China."
"Several supermarket chains have pledged not to sell what could become the first genetically modified animal to reach the nation’s dinner plates — a salmon engineered to grow about twice as fast as normal."
"For people looking to put their finances in the black, a new report suggests they may be wise to look green. That's according to a report released Tuesday by the Bureau of Labor Statistics that breaks down employment in green goods and services through 2011. As first pointed out by the LA Times, the report shows 'green jobs' growing from 2010 through 2011 at a rate 4 times faster than all other industries combined."
"The U.S. drinking water and sewage infrastructure earned a barely passing grade of D from the American Society of Civil Engineers today, which said at least $1 trillion is needed to fix the problem."
"Federal judges ruled [Friday] that the Federal Energy Regulatory Commission does not have the authority to assess fines for manipulating natural gas futures markets."
"The Obama administration is leaning toward revising its landmark proposal to regulate greenhouse gas emissions from new power plants, according to several individuals briefed on the matter, a move that would delay tougher restrictions and could anger many environmentalists."