In U.S News: Earthjustice, the American Lung Association, the Environmental Defense Fund and other groups sue the Obama administration for axing the draft Ozone National Ambient Air Quality Standard. The tougher standards would lower smog pollution that lead to lung and heart problems. President Barack Obama said that the decision would reduce regulatory burdens for business. David Baron, a lawyer for Earthjustice, said the decision was illegal because it was based on politics instead of protecting peoples’ health. The suit was filed in the U.S. Court of Appeals in Washington, D.C.
In World News: The human population reached 7 billion on October 31st, just two centuries after the population was 1 billion. With an increasingly crowded planet comes an increasing demand for resources, with world oil supplies expected to last for the next 46.2 years and 1.8 billion people living with absolute water scarcity by 2025
In Business News: A Securities and Exchange Commission study finds that companies are increasingly taking advantage of rules that lets them raise capital without having to go through registrations. It also found that private offerings surpassed debt offerings in 2010 and through the first quarter of this year. One particular exemption, Reg D rule 506, allows companies to raise an unlimited amount of capital through unregistered offerings.
In Clean Tech: Germany’s ENERTRAG has developed a hybrid power plant that converts wind power to hydrogen. The environmentally-neutral hydrogen can be stored for use in fuel cells to power automobiles or in other applications to produce heat or electricity.
In Sports News: The University of North Texas’ Apogee Stadium was awarded the LEED Platinum certification by the United States Green Building Council. This makes the complex the first collegiate football stadium in the nation to achieve the highest level of LEED certification.
In Corporate Responsibility News: Newsweek released its annual Green Ranking of the most environmentally-sustainable companies. IBM scored the top spot, followed by Hewlett-Packard, Sprint Nextel, Baxter and Dell. The rankings were computed using over 700 metrics—including emissions of nine key greenhouse gases, water use, solid waste disposal, and emissions that contribute to acid rain and smog—are factored into the Environmental Impact Score.
In Green Design: Who would’ve thought? German fashion designer and microbiologist Anka Domaske worked with a research team at the Fiber Institute at the University of Bremen to invent the world’s first man-made, industrial-strength fiber using raw milk materials. And from that creation, she has new produced organic, chemical-free clothing. The fiber, called Qmilch, is manufactured through an environmentally friendly process to provide lower-cost, sustainable clothing, or “conscious clothing” as Domaske calls it.
In OG Partner News: Zimride and the Massachusetts Institute of Technology team up to bring ridesharing to the Cambridge community, reducing campus traffic and parking challenges while allowing students to save money and meet new people.
From the OG Archive: Gaia Dempsey interviews Sharon Chang, founder of Yoxi, an organization that elevates social entrepreneurs by leveraging their expertise for global business opportunities. Dempey asks Sharon how she uses social media, chooses the people she works with and what she learned from working with American Idol.