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Big Oil is getting more money from your pocket that you might imagine -- in the form of your tax dollars. As we know, Big Oil has enjoyed record profits for more than a year now. Indeed, this year first quarter earnings for big oil companies was one of the biggest ever. But Big Oil gets its cash inflow from more than just profits on its product. Senator Claire McCaskill, D-Mo. said that last year "Congress forked over $9 billion of our tax dollars to the big oil companies in tax breaks and subsidies."
How would Jesus Invest? Our Pious Panelist takes a look at Morally Responsible Investing (MRI), a subset of Socially Responsible Investing (SRI), and analyzes the screening process of a conservative Christian financial planning site. Quoting from the scripture, the site dictates which companies are appropriate for the morally responsible investor, and which companies, like General Electric, Microsoft and PepsiCo, belong in the Hall of Shame.In an effort to maximize sales for the midsize sedan, GM asked dealers to have Honda Accords and Toyota Camries on hand for customers to test drive. Chevrolet dealers will offer the same comparison-based test drives later this year with the Chevy Malibu. Industry analysts say that GM has little to lose from the move, since sales trends indicate that those who buy Hondas and Toyotas never even consider a domestic sedan anyway.
The Panelist is a socially conscious investing site that believes that investing and expressing one's personal values do not have to be mutually exclusive ideals. Here are some recent green highlights from the ethical investing world.