Faith-based Investors Issue Statement on the Financial Market Failure

Interfaith Center on Corporate Responsibility
NEW YORK CITY, NY//Sept 26, 2008// For the past three decades, members of the Interfaith Center on Corporate Responsibility (ICCR) have worked with financial institutions to address the needs of the poor to obtain access to capital for: sustainable development, affordable housing in the U.S. and responsible lending in developing countries. ICCR is a coalition of nearly 300 faith-based institutional investors, representing over $100 billion in invested capital. Continue reading Faith-based Investors Issue Statement on the Financial Market Failure

Cabinet split on Kingsnorth power station: Benn and Miliband oppose Hutton’s plans for coal

By Andrew Grice, Political Editor Friday, 26 September 2008

Business Secretary John Hutton says that emissions from Kingsnorth would be lower than existing coalfired stations
Business Secretary John Hutton says that emissions from Kingsnorth would be lower than existing coalfired stations

The Cabinet is split over whether to approve a controversial plan for a £1bn coal-fired power station at Kingsnorth in Kent which has become a key test of its green credentials.

John Hutton, the Business Secretary, wants to approve the project even if it is not chosen for an experiment in which its carbon emissions would be “captured” and stored under the sea. Continue reading Cabinet split on Kingsnorth power station: Benn and Miliband oppose Hutton’s plans for coal

Bishops say South African leaders must focus on needs of citizens

CAPE TOWN, South Africa ([  ]CNS) — The political officeholders appointed after the Sept. 25 resignation of South African President Thabo Mbeki must work toward rebuilding confidence in the country’s leadership and focus on meeting the urgent needs and demands of ordinary citizens, said the Southern African Catholic Bishops’ Conference. Continue reading Bishops say South African leaders must focus on needs of citizens

Nigeria: Ogoni Land after Shell

International Crisis Group
Dakar/Abuja/Brussels, 18 September 2008: The peace process in Ogoni land – a major test for efforts to bring stability to the oil-rich Niger Delta – is likely to fail if the Nigerian government refuses to consult local communities about new oil operations.

Nigeria: Ogoni Land after Shell,* the latest policy briefing from the International Crisis Group, examines the political and economic implications of the Shell Petroleum Development Company (SPDC) departure from Ogoni land and gives recommendations on resuming peaceful oil operations in the economically strategic and politically volatile region. Continue reading Nigeria: Ogoni Land after Shell