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

September 18, 2014 Caribbean Island Nations Vulnerable To Climate Change

Eurasia Review - The director general of the îFood and Agriculture Organization of the United Nationsî (FAO), José Graziano da Silva, said at the conference that âcoping with climate change should...

September 17, 2014 Ditching Cars for Buses, Bikes Best Way to Cut City Pollution

Source: Scientific America

LONDON- Encouraging people to abandon their cars and use public transport or walk or cycle around cities offers the "least pain, most gain" way to cut air pollution from traffic by 2050, a new international study said on...

September 17, 2014 Electric Vehicles Are Cleaner, but Still Not a Magic Bullet

New York Times - The îUnion of Concerned Scientistsî said on Tuesday that in 60 percent of the United States, electric vehicles are now responsible for fewer heat-trapping global warming emissions per mile than even...

September 17, 2014 Vermonters to join thousands of countrymen at People's Climate March

Source: Brattleboro Reformer

BRATTLEBORO -- More than a thousand Vermonters are expected to flock to New York City this month to add their voices to those who plan to walk the streets and demand the world's international governing bodies take a stronger...

September 17, 2014 Fight Against Climate Change Seen Driving Economic Growth

Source: Bloomberg

Countries can expand their economies through emissions reductions in cities, land use and energy, according to a report released today by the Global Commission on the Economy & Climate, a panel set up by seven nations including...

September 17, 2014 China Bans Use of Coal With High Ash or Sulfur to Fight Smog

Source: Bloomberg

China will ban sales and imports of coal with high ash or sulfur in a move to promote cleaner types of the fuel and improve the nation’s air quality.

September 17, 2014 Climate Report Details Flood Risk to Sites in Washington

Source: NY Times

WASHINGTON — The nation’s capital is likely to see record flooding by 2050, putting about $7 billion worth of property, three military bases and parts of the National Mall at risk as a result of climate change that is raising sea...

September 16, 2014 Government given red card for failing to tackle UK's toxic air

Source: Politics.co.uk

The government has been handed a 'red card' by MPs over its failure to tackle rising levels of air pollution across the UK. Air pollution contributes to thousands of deaths across the country every year, but government promises...

September 16, 2014 A smart look at the climate-change debate

Source: Washington Post

Science writer Charles C. Mann writes books that take on big topics — examining the history of aspirin and the nature of modern physics, for example...Now, in a long, thoughtful and entertaining article in the September Atlantic...

September 15, 2014 Climate Change Activists Organize New York March Ahead of UN Summit

Source: ABC

Activists say they hope for "a world safe from the ravages of climate change," as they plan a New York City march to draw attention to changing global weather patterns two days before a United Nation summit meets to discuss the...

Displaying results 11 to 20 out of 4178
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