Environment

Oil supply disruption could lead to further rise in gas prices

A leak discovered on Saturday morning has led to the shutdown of the Trans Alaska Pipeline System, operated by a consortium in which BP holds the largest share. Though the spill is minimal but it can lead to a short term increase in the already above normal prices of gas.

8 Stocks That Let You Sleep at Night

Some stocks have such powerful management teams, brands, and histories of innovation that you can buy 'em without worrying you're going to lose too much sleep at night. Although no stock's without risk, these eight companies possess such strong positive attributes it seems silly to agonize too much over short-term concerns.


This Week's 5 Dumbest Stock Moves

 Stupidity is contagious. It gets us all from time to time. Even respectable companies can catch it. As I do every week, let's take a look at five dumb financial events this week that may make your head spin.

 

Study: Diners would pay to eat 'green'

Columbus, Ohio -- Restaurants in the United States could benefit from a desire by American consumers to dine at environmentally friendly establishments, a study says.

Researchers at Ohio State University found 8-of-10 diners in the Columbus, Ohio, area would be willing to pay more to dine at "green" restaurants, a university release said Tuesday.

The only problem, one researcher says, is very few restaurants are marketing themselves as "green" or environmentally friendly.
"It is clear that green practices could be beneficial for restaurants. Customers want their restaurants to be environmentally friendly and say they're willing to pay more for it," Jay Kandampully, professor of consumer sciences, says.

Antibiotics push drug-resistant pathogens

Blackburg, Va. -- Antibiotics can pass through the body without metabolizing and enter the environment, causing concerns of heightened antibiotic resistance, a study says.

Amy Pruden, an assistant professor of civil and environmental engineering at Virginia Tech, says the antibiotics in the environment become "potential sources of antibiotic resistance genes," ScienceDaily.com reported Monday.

"The presence of antibiotics, even at sub-inhibitory concentrations, can stimulate bacterial metabolism and thus contribute to the selection and maintenance of antibiotic resistance genes," Pruden says. "Once they are present in rivers, antibiotic resistance genes are capable of being transferred among bacteria, including pathogens, through horizontal gene transfer."

Millennials say they are driving less

Boston -- Drivers ages 18-34 say it can be difficult to own a car in the current economy and they would welcome transportation alternatives, a U.S. survey says.

The survey of 1,025 adults age 18 and older -- of which 966 were licensed drivers -- conducted Oct. 7-11 by KRC Research indicates almost half of all 18- to 34-year-old drivers are consciously driving less, and nearly two-thirds would drive less if alternative transportation was available.

The survey, commissioned by Zipcar Inc., a car-sharing service, says the main reason given for reduced driving was the high cost of owning a car -- 80 percent of Millennials say car ownership is difficult because of the high cost of car payments, gas, parking and maintenance.

Solar power too much of a good thing?

Berlin -- A boom in solar power in Germany, while good for the environment, could crash the country's aging power grid, experts say.

Solar power fed into the national grid comes intermittently depending on the sun, and huge surges can come in midday rather than in the evening when demand is high, NewScientist.com reports.

Small surges can be accommodated by taking conventional power station generators offline to keep the overall supply in the grid constant.

But if solar power input surges past certain levels it could exceed demand even with all generators switched off and could cause overloads and blackouts, engineers say.

Palau declares its oceans a sanctuary

Nagoya, Japan -- One of Japan's closest allies, the Republic of Palau, says it is declaring all its oceans, more than 230,000 square miles, a marine sanctuary.

The announcement was made by Palau's minister of environment at the Conference of the Parties to the Convention on Biological Diversity in Nagoya, Japan, Inter Press Service reported Sunday.

"There will be no hunting or harassment of marine mammals and other species in our waters," Harry Fritz, minister of the environment, natural resources and tourism, said.

"We urge other nations to join our efforts to protect whales, dolphins and other marine animals," Fritz said.

Tapping natural gas could unleash uranium

Buffalo, N.Y. -- Plans to tap one of the largest sources of natural gas in the United States could release naturally trapped uranium into the environment, researchers say.

Proposals to drill into the Marcellus shale -- a massive rock formation that stretches from New York through Pennsylvania, Ohio and West Virginia -- have critics focusing on the effects of pumping millions of gallons of water and chemicals deep underground to fracture rocks to release the natural gas.

Researchers at the University of Buffalo in New York say the process, known as hydraulic fracturing or "fracking," could force uranium in the rocks to move into groundwater, a university release said Monday.

India to build neutrino observatory

New Delhi -- India says it will build a more than quarter-billion-dollar underground facility to join the worldwide search for elusive neutrino particles.

The country's Environment and Forests Ministry has given the Atomic Energy Department the go-ahead for the neutrino observatory to be built in the Bodi West hills on the coast of Tamil Nadu state, the BBC reported Wednesday.

The $270 million facility will be only the fifth observatory in the world dedicated to detecting the almost mass-less elementary particles, sometimes called "ghost particles."

About 90 scientists from 26 organizations will be involved in the Indian Neutrino Observatory, organizers say.

Sea cow 'mermaids' facing extinction

United Nations -- Dugongs, or sea cows, thought to be the source of ancient legends of mermaids, could be extinct within 40 years, a United Nations panel says.

Urgent measures including banning fishing nets that trap them and setting up marine reserves are vital for their survival, the U.N. Environment Program said.

"Man-made threats pose the greatest risk to the gentle sea cow," a U.N.-backed forum concluded after a meeting in Abu Dhabi, United Arab Emirates, of governments, international and non-governmental organizations on the fate of the seemingly clumsy animal, the world's only herbivorous mammal living in marine waters.

China's environment challenges eyed

East Lansing -- China's environmental problems have global implications and countries such as the United States need to help solve them, a U.S. environmental scientist says.

A Michigan State University researcher argues developed nations such as the United States need to help China adopt integrated solutions for the sake of global sustainability, a university release says.

"What happens in China affects the rest of the world," fisheries and wildlife Professor Jianguo "Jack" Liu said.

"China is growing very quickly and as its economy has grown, so have its environmental challenges.