Accountability-Central.com
Register here.  Forgot your password?  Remember me
HomeAbout The SiteRegistration InformationVoices: Featured Commentators and Bloggers  Special Sections
Search

Categories:

Featured Content


Slide10

Slide10

Slide10

Slide10

Slide10


NewsAndInfo

 



Click Here to Subscribe to our RSS Feed
 



Stories Below come from our Media Partner 3BL Media - Click their logo or any of the stories for more information


Global Warming and Climate Change, Global Warning Information, Updates

Global Warming and Climate Change

Updated January 2011

The year 2010 ended with an enormous blizzard that engulfed the northeast US, paralyzing New York and Boston and much of the Atlantic Coast.  That storm was followed almost three weeks later  by yet another severe snow storm that had the same effect.  Speculation started immediately that these events had their  roots in global warming – Time Magazine wrote:

“The World Meteorological Organization recently reported that 2010 is almost certainly going to be one of the three warmest years on record, while 2001 to 2010 is already the hottest decade in recorded history. Indeed, according to some scientists, all of these events may actually be connected.”

Just a few days before at the CNN debate on climate change, UN Climate Secretary Christiana Figueres said that “private businesses are better placed than governments to tackle global warming because they can act faster...”  There appeared to be an agreement at the event that the urgency to reduce carbon emissions was such that business could not afford to wait for governments to act.

Prior to the UN-sponsored Cancun Climate Conference in December 2010, the world's largest global investors were urging the conference delegates and the US Congress to “take action now in the fight against global warming or risk economic disruptions far more severe than the recent financial crisis.”

Unfortunately, at Cancun and the year before in Copenhagen, government progress to address climate change only inched slightly forward.  But while government consensus moved by inches, the scientists tell us we should be moving by miles   – or do they?

The last two years has seen the debate of the existence of human-caused climate change -- or any climate changed -- challenged by doubters.   Some poor science conducted by some believers/ supporters, followed by unfortunate media reporting and the issues identified as hot in the recent Congressional elections saw weak support for global warming among Americans. Witness this: “The poll, one of four annual surveys conducted by Shelton Group, surveyed 1,098 Americans who at least occasionally buy green products and found only about half believe climate change is occurring and caused by human beings…”

While the majority of the American  public apparently are yet to believe in the problems of climate change and global warming and world governments unable to agree on a course of action, AC will continue to focus on potentially one of the greatest issues world society faces. Since this section was begun in April 2008 more than 1,200 articles, commentaries and reports  have been posted for our readers.  No doubt there is more to come.  (We invite you to tell us where you stand on the issues.)

 -----------------------------

Institutional investors are focused on the potential or rising risk posed by climate change to the companies they hold in portfolios.  “Climate change,” “global warming” and “sustainability” (of the company owned, over the long-term) are trigger phrases now for all manner of shareholder activities – and corporate responses. The argument is not always about “if” climate change is occurring or “who” or “what” is responsible – often, the investors now ask:  What is the company doing to prepare for and mitigate the risk?  Investors have many questions:  Has the company charted its “carbon footprint” – has management taken steps to inform shareowners of real or potential climate change risks – what are the potential costs of mitigating such risks – and more.

Looking to put muscle behind these requests, shareowners are filing numerous proxy petitions (shareholder sponsored proxy resolutions) on the ballot in 2008.  Coalitions are being formed to address climate risk issues at public companies.  On September 18, 2007, a broad coalition of investors, state officials with regulatory and fiscal management responsibilities, and environmental groups filed a landmark petition asking the Securities and Exchange Commission (SEC) to require publicly-traded companies to assess and fully disclose their financial risks related to climate change issues. The coalition formally asked the Commission's Division of Corporation Finance to immediately begin "[c]losely scrutinizing the adequacy of registrants' climate disclosures" under existing law.

The institutional investors involved represent $1.5 trillion in managed assets and include major public employee pension funds, state treasurers and comptrollers, state attorneys general and major environmental organizations.  Their “First of a Kind” resolution will create major waves on Wall Street and in the corporate suites as the campaign goes on.   (This issue is not going anyway anytime soon.)

The coalition includes the Environmental Defense, Ceres, the California State Treasurer Bill Lockyer, Florida Chief Financial Officer Alex Sink, Maine State Treasurer David G. Lemoine, New York State Comptroller Thomas P. DiNapoli, North Carolina State Treasurer Richard Moore and Oregon State Treasurer Randall Edwards, as well as New York State Attorney General Andrew M. Cuomo.

The Securities and Exchange Commission staff had no immediate reaction, but in the overall dialogue regarding shareholders rights, federal regulations and corporate governance, this measure landed like a bombshell in Washington, DC.  Accountability-Central will continue to present news and commentary as the climate change issue unfolds and various capital markets players present their views and opinions.

Learn more about climate change: http://www.learnstuff.com/climate-change-and-global-warming-an-objective-overview/

 

 


Latest on Global Warming and Climate Change

March 4, 2015 Climate change linked to solar ‘cooling periods’

Source: Science Recorder

Researchers involved with the study learned that during the past 4,000 years, both solar activity and even the surface of the North Atlantic Ocean are strongly linked together

March 4, 2015 New Study Says Climate Change Helped Spark Syrian Civil War

Source: Slate

By now, it’s pretty clear that we’re starting to see visible manifestations of climate change beyond far-off melting ice sheets. One of the most terrifying implications is the increasingly real threat of wars sparked in part by...

March 3, 2015 California drought likely a fixture, says Stanford study

Source: San Jose Mercury News

Human-caused climate change is increasing drought risk in California -- boosting the odds that our current crisis will become a fixture of the future, according to a major report Stanford scientists released Monday morning.

March 3, 2015 Objective Behind Climate Change Is Economic, Not Climatic

WesternJournalism - At a press conference in Brussels last month, the UN climate chief delineated the objectives of the îIntergovernmental Panel on Climate Changeî (IPCC) and the United Nations. She revealed:...

March 3, 2015 Norway Can Lead in Fighting Climate Change

Source: Huff Post

Early this year, Norway put its toe in the global movement to drop investments in fossil fuel companies. Its sovereign wealth fund (the Fund), at $850 billion the world's largest, divested from 14 coal mining companies, five...

March 3, 2015 Antarctic Sea Ice Did The Exact Opposite Of What Models Predicted

Source: Daily Caller

In the case of Antarctica, the climate models were dead wrong, according to a new study by Chinese scientists published in the journal Cryosphere. The study found that most climate models predicted Antarctic sea ice coverage...

March 2, 2015 Members of €32bn Danish pension funds to vote on fossil fuel divestment

Source: The Guardian

Series of resolutions asks six of Denmark’s pension funds to drop their ‘black money’ investments in coal, oil and gas projects that cause climate change

March 2, 2015 UK government rejects calls for higher diesel tax to cut pollution

Source: Reuters

London - The British government rejected calls on Sunday to raise taxes on diesel vehicles to reduce air pollution but said it will consider a national network of low-emission zones.

March 2, 2015 Can We Fix Climate Change With Technology?

Source: Oil Price

A report from the National Academy of Sciences concluded that experiments in blotting out the sun in order to reduce the amount of the sun’s rays that hit the Earth would be too risky. Spraying aerosols into the atmosphere – one...

March 2, 2015 EU lawmakers back new limit for food-based biofuel

Source: Reuters

A European Parliamentary committee on Tuesday backed a new limit on traditional biofuels made from food crops that critics say stoke inflation and do more harm than good to the environment.

Displaying results 1 to 10 out of 4602
<< First < Previous 1-10 11-20 21-30 31-40 41-50 51-60 61-70 Next > Last >>
HOME | ABOUT THE SITE | REGISTRATION INFORMATION | VOICES: FEATURED COMMENTATORS AND BLOGGERS  | SPECIAL SECTIONS

Published by

TM

Published by Governance & Accountability Institute, Inc.
Design & Contents Copyright © 2005 - 2014
By G&A Institute unless otherwise noted. All rights reserved.
Accountability-Central is a service mark of G&A Institute, Inc.
New York, New York, USA

Email info@ga-institute.com | Web www.ga-institute.com