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

January 12, 2015 We are the last generation that can fight climate change. We have a duty to act

Source: The Guardian

This year the UN marks its 70th anniversary. Sadly, there is little time for reflection or celebration. More pressing are the competing demands and challenges fuelled by an upsurge in conflict, disease and human suffering. These...

January 12, 2015 Why the next world war will be fought over food

FORTUNE - The world has a massive food crisis on its hands. The crisis is so big that organizations like the World Bank and the United Nations say there won't be enough food to feed the global population when it jumps from the...

January 9, 2015 Editorial California's bold attack on climate change

Source: LA Times

California is moving toward its goal of generating a third of its electrical power from solar, wind and other renewable sources by 2020, as promised five years ago by then-Gov. Arnold Schwarzenegger..

January 9, 2015 Just 90 Companies Produced Two-Thirds of All Global Warming Emissions Ever

Source: Moyers & Company

Who is to blame for climate change? Nearly two-thirds of all man-made global warming emissions from 1751 – 2010 can be traced back to just 90 companies, according to a 2013 report in the journal Climatic Change. And 30 percent of...

January 8, 2015 Survey Finds Doctors Concerned About Impacts Of Climate Change On Patient Health

Source: Washington Post

WASHINGTON -– American medical professionals specializing in respiratory conditions and critical care are concerned about what climate change may mean for patient health, a new survey finds.

January 8, 2015 Climate Mission Impossible: Scientists Say Fossil Fuels Must Go Untapped

Source: National Geographic

Canada's tar sands need to stay in the ground, the oil beneath the Arctic has to remain under the sea, and most of the world's coal must be left untouched in order to prevent global temperatures from rising more than 2°C, a study...

January 8, 2015 EU presses for accountability, opening rift at UN climate talks

Reuters - Washington said a review of national pledges for curbing rising greenhouse gas emissions before the U.N. summit in Paris next December was "not fundamental" and Beijing signaled hostility to the idea of letting other...

January 8, 2015 Will 2015 Be the Year of the Climate?

Source: Pacific Standard

Could 2015 finally be the year, and could climate change be the reason? Most politicians around the globe now accept the reality of climate change (except for a few non-scientists in the U.S. Congress). There are many...

January 7, 2015 Climate Change: In 2015, the Long March to Paris

Industry Week - The stakes are "nothing less than the shape of the climate regime for the next several decades," says Alden Meyer of the îUnion of Concerned Scientistsî (UCS), a veteran U.S. climate monitor. "2015...

January 7, 2015 Australia Is Burning, and Climate Change Is Making It Worse

Source: BusinessWeek

It’s summertime in Australia, which means the fires are raging. Every year, the continent’s sweltering temperatures and dry conditions create a toxic combination for bush fires that can threaten homes and lead to injuries and...

Displaying results 31 to 40 out of 4486
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