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American Companies Trading in Illegal Hardwoods From Peru: Report

"More than 20 American companies have played roles in fostering a steady flow of illegal hardwoods from the Peruvian Amazon, part of a 'well-oiled machine that is ransacking Peru’s forests and undermining the livelihoods and rights of the people that depend on them,' according to a new report by the Environmental Investigation Agency, a watchdog group."

Source: LA Times, 04/12/2012

"U.S. Pays $1B To Settle Indian Fund-Mismanagement Suits"

"YAKIMA -- The U.S. will pay more than $1 billion to settle a series of lawsuits brought by American Indian tribes over mismanagement of tribal money and trust lands, under a settlement announced Wednesday. The agreement resolves claims brought by 41 tribes -- including some in Washington state -- to reclaim money lost in mismanaged accounts and from royalties for oil, gas, grazing and timber rights on tribal lands."

Source: AP, 04/12/2012

"BP Faces Shareholder Revolt Over Bob Dudley's Pay"

"Investors group will vent its displeasure during AGM by voting against £4.6m remuneration package for chief executive"

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"A substantial pay revolt will be mounted by shareholders at the annual general meeting of BP on Thursday following the board decision to give more than £4m remuneration to chief executive, Bob Dudley, despite a depressed stock price.

A group of investors will vote in protest against acceptance of this part of the company's remuneration report, emboldened by a negative recommendation from the shareholder advisory body Pirc.

Source: Guardian, 04/12/2012

"Transocean Seeks To Block CSB Oil-Spill Probe"

"Myriad agencies have investigated BP's Gulf of Mexico oil spill, but the owner of the rig that exploded and sank wants to draw the line at the one designated by Congress to probe disasters involving deadly chemical blasts and releases."

T"he U.S. Chemical Safety Board, which investigates chemical explosions in the same manner the National Transportation Safety Board investigates airplane crashes, launched its first offshore investigation shortly after the 2010 explosion killed 11 workers and allowed more than 4 million barrels of crude to foul the gulf.

Source: Reuters, 04/12/2012

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The Society of Environmental Journalists is the only North-American membership association of professional journalists dedicated to more and better coverage of environment-related issues. The organization was founded in 1990 by award-winning print and broadcast journalists on staff with The Philadelphia Inquirer, USA Today, National Geographic, Turner Broadcasting/CNN, Scripps Howard News Service, Minnesota Public Radio and others.

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