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 29, 2014 A Treaty on Global Warming May Not Be Needed, But U.N Leadership Is

Source: NY Times

When industrialized countries agreed in Kyoto in 1997 to produce 5 percent fewer greenhouse gases in 2008 to 2012 than they did in 1990, it was clear that would never lead to a stabilization of global warming, which nearly all...

September 29, 2014 Profit From Global Warming Even If You Don't Believe In It

Source: Forbes

I’m not taking a stand about whether global warming is occurring, or whether human activity is causing it. Rather, I’m approaching the topic with a quote attributed to Trotsky in the back of my mind: “You might not be interested...

September 26, 2014 China’s water crisis - Grand new canals

Source: The Economist

SOON the centrepiece of one of China’s most spectacular engineering projects will be completed, with the opening of sluicegates into a canal stretching over 1,200km (750 miles) from the Yangzi river north to the capital, Beijing....

September 26, 2014 Climate impact of black carbon severely overestimated, says study

Source: Guardian

The global warming effect of ‘black carbon’, or soot, has been greatly exaggerated due to mistaken assumptions about the atmospheric altitude at which its particles are concentrated, according to a new study.

September 26, 2014 How Australia became the dirtiest polluter in the developed world.

Source: Slate

Australians like to think of themselves as green. Their island country boasts some 3 million square miles of breathtaking landscape. They were an early global leader in solar power. They’ve had environmental regulations on the...

September 26, 2014 Capitalism Is Saving the Climate, You Hippies

Source: Daily Beast

One of the possible solutions to global warming and climate change is a rapid scaling up of technologies that allow humans to go about their business while emitting less carbon dioxide, or no CO2 at all. And increasingly, Wall...

September 25, 2014 These Actions Have Done The Most To Curb Carbon Emissions

Source: io9

As our leaders gather in New York for a UN meeting on climate change, it's fair to ask which measures to date have contributed the most to slow global warming. Because no one has really thought to ask this question, The Economist...

September 25, 2014 How carbon budgets can change climate negotiations

Phys.org - The Summit will build on both the recent report by the îIntergovernmental Panel on Climate Changeî (IPCC) and a new report on the economics of it all from a commission headed by former Mexican President...

September 25, 2014 Power firms: Watch your carbon, or watch your investors flee

Eco-business - Speaking to Eco-Business in a recent interview in Singapore, Joubert, who is also senior advisor and special envoy of energy and climate change at the World îBusiness Council for Sustainable...

September 25, 2014 Switch to Natural Gas Won't Reduce Carbon Emissions Much, Study Finds

Source: National Geographic

Switching from coal to natural gas for power generation won't do much to reduce U.S. greenhouse gas emissions and might even raise them slightly, in part because it will discourage the use of carbon-free renewable energy,...

Displaying results 41 to 50 out of 4255
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