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
Source: The Guardian
Malls and office complexes continue to spring up in Kuwait City, built by migrants often working illegally in soaring temperatures. But as oil and water reserves dwindle, the energy-guzzling citystate heads for an existential...
August 18, 2017 July Was the 2nd Hottest Month in Recorded HistorySource: Bloomberg
The National Oceanic and Atmospheric Administration said Thursday Earth sweated to its second hottest month since recordkeeping began in 1880. At 61.89 degrees (16.63 Celsius), last month was behind July 2016's all-time record by...
August 17, 2017 Global Warming Will Be Good For HumanitySource: Clean Technica
A set of questions tends to circle around human-caused global warming and climate change. Will it be bad for us? Won’t it be good for anything?
August 16, 2017 Climate change will cut crop yields—studySource: Inquirer.net
MIAMI—Climate change will have a negative effect on key crops such as wheat, rice, and maize, according to a major scientific report out Tuesday that reviewed 70 prior studies on global warming and agriculture. Read more:...
August 16, 2017 Bolivia approves highway through Amazon biodiversity hotspotSource: The Guardian
National park which is home to thousands of indigenous people loses protected status to allow for construction of 190-mile road
August 16, 2017 Environment v. economy: Canada’s brewing political battleSource: Globe and Mail
There’s a reason the federal Liberals want to include a clause in any rewrite of NAFTA preventing member countries from diminishing environmental safeguards in the name of fuelling investment: It’s an area in which they suddenly...
August 16, 2017 Does Climate Change Cause Extreme Weather Events?Source: Smithsonian
Though they couldn’t prove that global warming had “caused” the scorcher, the scientists did assert that warming from human emissions had doubled the risk of extreme weather events.
August 16, 2017 Northern China air quality worsens in January-July: ministrySource: Reuters
SHANGHAI - Air quality worsened in China's northern region of Beijing-Tianjin-Hebei in the first seven months of this year, piling pressure on authorities to crack down on firms in their efforts to meet politically crucial 2017...
BERLIN – German efforts to overcome a diesel scandal were dealt a blow on Tuesday after prosecutors widened a Volkswagen (VOWG_p.DE) probe and a key environmental group said steps proposed by automakers to cut pollution remained...
The Trump administration has begun the process of rolling back tough fuel standards for America's car and light truck fleet.
|HOME | ABOUT THE SITE | REGISTRATION INFORMATION | VOICES: FEATURED COMMENTATORS AND BLOGGERS | SPECIAL SECTIONS|