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

June 14, 2017 U.S. EPA extends delay of oil, gas rules to two years

Source: Reuters

The U.S. Environmental Protection Agency said Tuesday it would propose a two-year stay of the previous administration's oil and gas industry methane emissions standards while the agency reconsiders the regulation.

June 14, 2017 Coal No Longer King as China Spurs World Shift to Cleaner Energy

Source: Bloomberg

China’s domination of energy markets -- long the driver of soaring fossil-fuel consumption and rising carbon pollution -- is now turning the planet in a cleaner direction.

June 12, 2017 'Climate change' fight has cost you more than $166 billion

Source: WND

WASHINGTON – The U.S. government spent nearly as much fighting “climate change” between 1993 and 2014 as was spent on the entire Apollo program between 1962 and 1973, according to a new report. Read more at...

June 9, 2017 Trump's Paris Decision: Let's Make a Deal (or Not)

Source: Real Clear Politics

Most press coverage of President Trump’s announcement of U.S. withdrawal from the Paris climate accord missed the real story. The issue is not whether the planet is warming, and, if it is, whether the cause is human emissions of...

June 8, 2017 6 ways to save the world’s oceans

Source: Eco-Business

Without oceans, there would be no life on earth as we know it. But they are under more stress than ever, thanks to overfishing, pollution, and climate change. This World Oceans Day, here are six things you can do to save the seas.

June 7, 2017 Spectacular' drop in renewable energy costs leads to record global boost

Source: The Guardian

Renewable energy capacity around the world was boosted by a record amount in 2016 and delivered at a markedly lower cost, according to new global data – although the total financial investment in renewables actually fell.

June 2, 2017 Large ice sheet 'very close' to breaking away from Antarctica

Source: CNN

A rift in an Antarctic ice shelf will soon create one of the largest icebergs ever recorded, according to scientists.

June 2, 2017 GOLDMAN SACHS CEO LLOYD BLANKFEIN BLASTS TRUMP'S DECISION TO WITHDRAW FROM PARIS CLIMATE ACCORD IN HIS FIRST TWEET EVER

Source: Newsweek

“Today's decision is a setback for the environment and for the U.S.'s leadership position in the world. #ParisAgreement,” Lloyd Blankfein wrote, in a tweet that garnered over 2,500 retweets within two hours.

June 2, 2017 Trump announces U.S. will exit Paris climate deal, sparking criticism at home and abroad

Source: Washington Post

President Trump announced Thursday afternoon that he is withdrawing the United States from the landmark Paris climate agreement, an extraordinary move that dismayed America’s allies and set back the global effort to address the...

June 1, 2017 Water shortage warning expanded to 18 counties following drought

Source: Oramge Observer

Although the coming rainfall certainly is welcome in the middle of a prolonged drought, it likely will take a few months for Florida’s aquifer levels to recover from the dry winter.

Displaying results 21 to 30 out of 1658
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 - 2017
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