Archive for the ‘Money’ Category

Teachers’ Pensions Come From Coal?

Do you know where your pension coming from? For some US teachers, it’s Chinese coal.

The Chinese coal industry is known for its lucrative returns: the China Shenhua Energy Co. gained 65% from July to September, and many investors claim they can’t afford not to be in China. In fact, 20% of Shenhua’s stock is held by U.S. investors — one of whom is the Teachers Retirement System of Texas.

But China’s coal is also a huge polluter. According to the New York Times, China uses more coal than the US, the EU, and Japan combined, contributing an enormous amount of CO2 to the atmosphere. Coal-fired plants emit more than 60 different hazardous air pollutants. The large amounts of sulfur dioxide produced by Chinese coal cause acid rain, which pollutes water sources. But because of China’s rapidly advancing economy, the country needs energy — fast and cheap. Coal-fired plants are much cheaper and quicker to build than natural gas, nuclear, or hydroelectric plants, and it’s widely available.

China’s booming coal industry is also harmful to its citizens, producing so much sulfur dioxide that the World Bank estimated 400,000 premature deaths happen each year due to pollution-related illnesses. Not only that, but as much as 40% of air pollution in South Korea and Japan is believed to originate in China, and many experts believe that pollution from China is reaching the western part of the United States.

Do Texas teachers know where their pensions are coming from? For that matter, are other teacher retirement systems investing in Chinese Big Coal? I checked out Missouri’s Public School Retirement System, in which my husband and I have each invested. With my little financial knowledge, I was able to determine that PSRS has invested with Merrill Lynch, which is a shareholder in Shenhua. Just how much of my money is in coal remains to be seen. Looks like it’s time to work towards divestment…

Source: Associated Press

Five Affordable Eco-Clothing Options

A friend came to me and asked about making greener choices when shopping for clothing. A new eco-clothing boutique just opened down the street from our workplace, and it was filled with cute, stylish clothing that I would wear to work or outside of work. Unfortunately, most of the clothes weren’t fitting into my teacher-salary budget. When it comes to buying greener clothing, most people have two options: buy used or buy eco-sensitive. I love thrifting, and I get a lot of my clothes that way. Sometimes, though, particularly when buying professional clothes, I can’t find what I need, and it’s time-consuming (although fun!) When I need something new, I don’t have a problem finding clothes I love that are made more sustainably. My problem is finding affordable wardrobe solutions.

Yeah, yeah, I know that cheap clothing is cheap for a reason (or several): exploitative labor practices and environmentally-destructive materials, to name a few. And I support paying a premium for items that are ethically made, just like when I grocery shop. It’s still hard for me to plunk down my hard-earned cash for upscale sustainable goods; I just don’t have that disposable income, and, frankly, clothes aren’t so important to me that even if I did have the cash to spare, I’d probably use it for something else. But a girl needs to feel good in her clothes, and I do have to exercise a modicum of professional dress when I’m teaching kids about renewable energy. So I set off on a quest to find five places where I could make better clothing choices without breaking the bank.

Disclaimer: "affordable" is a weighted word. What some people see as a bargain, others would and/or could never pay. My idea of affordable can best be described as middle-class: I’m a teacher, my husband is a teacher, we don’t come from money, and we have bills to pay. I’m not really looking for high-fashion here, but mostly basic pieces I can use in a variety of ways with my existing wardrobe.

I’ve loved American Apparel for a long time. I’m a t-shirt and jeans kind of woman, so AA clothing fits my style, and their t-shirts fit like a dream. Almost all of their entire line is cotton, and about 20% of the cotton they use is organic. The company has plans to expand that to 80% in the next four years. Most of the organic cotton they use now is in their Sustainable Edition line. They also recycle over a million pounds of fabric scrap per year and have solar panels on the roof of their LA headquarters. I like their clothes because they are comfortable and versatile; I’ve worn their skirts and shirts all over. Warning: there are claims against AA, mostly stemming from union-busting and sexual harassment accusations against owner Dov Charney, but their environmental record is promising.

Levi Strauss has been a leader in greening up denim, and their organic cotton jeans, t-shirts, and polo shirts for men and women also incorporate recycled rivets, zippers, and buttons; they also use natural indigo to dye their denim. Although their RedTab line is way out of my price range, their non-RedTab Eco’s are quite reasonable for new jeans: less than $70, and they’ve got very contemporary styles (although I don’t really have the courage, or the body, to wear skinny jeans.) If I can’t find jeans at the local thrift store, or wanted something more current, I’d try to find these. They also had some bargain men’s polo shirts at their online store that I’d probably get for my husband to wear to work.

Victoria E wrote about Jonano back in May, but I waited to check them out until recently, and I wish I hadn’t. What a jackpot! Jonano produces certified organic cotton, bamboo, and hemp clothing, along with their popular ecoKashmere blend, and their clothing is made using Fair Labor practices. Jonano’s fabrics are dyed using low-impact dyes, and their packaging and mailings are printed on recycled paper. Their lines are women-heavy, with hardly anything for men, but I fell in love with many of their pieces, including some beautiful dresses, shorts, and pants. I can’t wait to order from Jonano the next time I’m in the market for clothing.

Rawganique offers sweatshop-free organic hemp, cotton, and linen clothing from Ecolution, Blue Canoe, and their own line of clothing. Although many of their items seemed a bit pricey, I found some dresses, skirts, and sports jackets that were reasonably-priced, and they offer hemp and linen alongside the widely-found organic cotton. I’d use this place in a pinch if I couldn’t find what I wanted elsewhere, but they’re definitely walking the walk as far as sustainability. Check out their About Us for proof!

Finally, REI gets my vote for affordable outdoor gear that can double as everyday wardrobe. I wrote at length about their sustainability efforts last week. The versatility of their clothing — I can wear it to work or around the campsite — makes many of their pieces sustainable choices, and I didn’t gasp when I checked the price tag: $50 seems reasonable for a durable pair of pants for my husband or a warm recycled-PET fleece jacket. If you are looking for well-made basics that will take a beating, don’t be afraid to try this performance gear — it’s not just for the backcountry.

These are five places that fit into both my aesthetic and price range. I also recommend you check out discount websites that offer more expensive clothing at cut-rate prices. For example, I found Loomstate jeans at over half off on Bluefly.com.

Why I Sold My Car, or How I Learned to Stop Driving and Love the Bus

I took the plunge and did something unthinkable here in the midwest: I got rid of my car, "Treehugger" bumper sticker and all.

Some of you in urban areas might be thinking, "Well, so what?" I can assure you that this is a radical act where I am from. I grew up in suburban Des Moines, where driving around in cars is what we did for fun on weekends in high school. Even though I live in the city of St Louis proper, it’s still pretty unheard of for middle-class folks to be voluntarily car-free.

(Disclaimer: I am car-free, my husband is not — well, at least, not on purpose). So we do have a car, I just won’t be driving it to work or anywhere else I can walk or take public transportation.)

Why would I do this? Aside from the environmental piece, which is what put the idea in my head in the first place, the easiest answer is because I can. The bus comes right to my corner and goes right to the school where I teach in about ten minutes time. When the heat subsides, I can walk the work. That same bus will also take me to our local market, three farmers markets, a slew of bars and restaurants, a light-rail station (which will take me a plethora of places in and around the city, including the airport), downtown, Busch Stadium, my hairdresser, and several walkable neighborhoods with other businesses I patronize. Within a mile of my house, I can get books from the library, eat Mexican food or organic pasta, get a latte, buy yarn for my latest knitting project, pick up a pizza, drink beer, take my dog to the park, or pick up dry cleaning, and there’s always my bike for a longer jaunt.

In fact, anyone can easily see what goods and services are walkable from their home. Just go to GoogleMaps or Yahoo!Maps, and search for businesses, using your address as the "where" and "all" as the what. You can sort results by distance, and you might find some things you didn’t know were close to your home.

The other big (okay, HUGE) reason I sold my car is finances. I’m tired of a car payment, insurance, gas, maintenance, vehicle testing, personal property taxes, and the like. If I don’t need a car, why pay so much for one? A monthly bus pas costs $60, a fraction of my transportation costs with a car, and I can stow the extra money away for tuition, savings, or vacation (or maybe a sporty little scooter…) My mom would be proud of my financial foresight, and I’m not giving money away to the insurance company, the oil companies, and the State of Missouri.

I know it’s not going to be sunshine and rainbows. I’m used to picking up groceries right after school and being able to run errands on a whim. Now, those errands are going to take a little more planning. I’m sure my friends are thrilled that it’s now never my turn to drive anywhere, but they never liked being covered in dog hair from the backseat anyway.

Of course, I’m well aware that this plan isn’t for everyone: not everyone has access to public transportation, or lives in a pedestrian-friendly area. Heck, it might not be the plan for me in a year from now. But for right now, it was the right choice. If you think about it, it’s a little strange that, in order to get anywhere, many of us think we need a two-thousand pound hunk of metal surrounding us. Even so, it was hard to gather my courage and get rid of my trusty Focus and the convenience that comes with it. But I’m glad I did, and it’s been a strangely easy transition. Truth be told, I can’t believe I waited so long.

A few weeks ago, when I knew I was going to try to sell my car, I walked to school one morning to see how long it would take. I put a little Sleater-Kinney on my iPod, and set off. As I was walking across a bridge in my neighborhood, I looked down and saw this incredibly expansive, colorful graffiti lining the culvert below. The only way anyone could see this urban artwork would be by climbing down into the culvert or by walking over the bridge. I smiled to myself, knowing I would have never seen this in my car. I can only hope that I have more moments like this in my new car-free life.

Weekend Review: The Lazy Environmentalist

My problem with The Lazy Environmentalist, green radio host Josh Dorfman's self-proclaimed "guide to easy, stylish, green living" isn't that it lacks information. It's actually a quite comprehensive guide to supporting green companies. I dog-eared multiple pages so I could visit websites of the companies in which I was interested. But it's not so much a guide to green living as it's a guide to green buying. I guess the tone set forth from the brief introduction rubbed me the wrong way:

These innovators make it easy for us to integrate environmental awareness into our lives. They understand that while so many of us are concerned about the environment, we don't always have the time, energy, or inclination to do something about it.

I only wish this was written in a less-than-serious voice. In my mind, if you don't have the "time, energy, or inclination" to do something about the environment, than you can hardly classify yourself as an environmentalist. You are looking to alleviate guilt for your conspicuous consumption, a culture of consumption that is devastating our planet. It's exactly the "culture of convenience" that's waging all-out war on our resources. Consider this passage from the chapter on cars:

There really is something for everyone–even those who drive Hummers, the most colossal of all urban assault vehicles…By offsetting the carbon dioxide emissions spewing from your car's tailpipe, TerraPass offers Hummer drivers eco-salvation.

Eco-salvation for Hummer drivers? A little too, oh, oxymoronic, for my tastes. Lazy is definitely geared towards a more high-end clientele, despite it's mention of Wal-Mart as an organic clothing retailer (Yeah, I know what you are thinking…I can't trust them quite yet, either).

Stepping off of my soapbox, for those of us who do have time, energy, and inclination to do something to lighten our footprint still have to buy goods and services, and Lazy provides a well-laid, well-written plan to finding greener versions of those goods and services. If you have to spend money, you might as well spend it on more sustainable products, right?

There are 22 chapters focusing on different products and services, from home furnishing to energy providers to media outlets (what, no shout out for Green Options?) Each chapter begins with a narrative insight into what practices these eco-companies are establishing to go green, then lists several companies, along with their websites and a brief description of what their business does or produces. Reading about different design innovations companies are using was fascinating (BraveSpace's hollow bamboo tables, anyone?), and I'll definitely check out many of the websites listed. If I'm going to save the planet, though, I've got better things to do.

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