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
February 27, 2014 Review Finds No Conflict Violation in U.S. Report on KeystoneSource: Bloomberg/BusinessWeek
The Keystone XL pipeline cleared another hurdle today with the release of a review that said the State Department’s selection of a third-party contractor to write an environmental review didn’t violate conflict of interest rules
February 26, 2014 Climate talks in Paris look promising
China Daily - Paul Polman is Chief Executive Officer of Unilever, Chairman of the World îBusiness Council for Sustainable Developmentî, and Commissioner ... The unprecedented impacts are a wake-up call to all of...
February 26, 2014 EPA Honors Corporate Leadership in Reducing Greenhouse Gas Emissions
yosemite.epa.gov - WASHINGTON â Today, the U.S. Environmental Protection Agency (EPA) Center for Corporate Climate Leadership announced the third annual Climate Leadership Award winners in partnership with the Association...
February 26, 2014 World begins 2014 with unusual number of extreme weather eventsSource: The Guardian
There have been heatwaves in Slovenia and Australia, snow in Vietnam and the return of the polar vortex to North America. Britain has had its wettest winter in 250 years but temperatures in parts of Russia and the Arctic have...
February 26, 2014 China's toxic air pollution resembles nuclear winter, say scientistsSource: The Guardian
Chinese scientists have warned that the country's toxic air pollution is now so bad that it resembles a nuclear winter, slowing photosynthesis in plants – and potentially wreaking havoc on the country's food supply.Beijing and...
Source: Christian Science Monitor
Conventional water wisdom in California boils down to this: Eighty percent of the water is allocated to farmers, 20 percent to cities. But 36 months into the state’s worst-ever drought – 12 months of the driest on record,...
February 25, 2014 Let's Be Very Clear Mr. Kerry: No Scientific Evidence Of 'Dangerous' Human Climate Influence Exists
Forbes - Kerry told the audience: "We should not allow a tiny minority of shoddy scientists and science and extreme ideologues to ... including fossil burning, are having a dangerous (or even measurable) influence on climate...
February 25, 2014 Why are we still debating climate change?Source: CNN
There is no debate. Climate change is real. And, yes, we are, in part, to blame. There is a 97% consensus among scientific experts that humans are causing global warming. Ninety-seven percent! Yet some very vocal Americans...
February 25, 2014 Supreme court gives qualified support for EPA to set emissions limitsSource: The Guardian
Environmental campaigners drew solace from a supreme court hearing on greenhouse gas controls on Monday that left justices appearing to support the US government’s broad role in setting emissions limits for power stations. The...
The Great Lakes' ice cover has reached 88 percent for the first time since 1994. In 2002 the ice coverage reached a record low when only 9.5 percent of the lakes' surfaces froze, a NASA Earth Observatory news release reported....
|HOME | ABOUT THE SITE | REGISTRATION INFORMATION | VOICES: FEATURED COMMENTATORS AND BLOGGERS | SPECIAL SECTIONS|