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 30, 2015 Study flags carbon concern from melting glaciersSource: RTCC News
Researchers in the US have calculated that, thanks to climate change, melting glaciers will have spilled an extra 15 million tonnes of organic carbon into the seas by 2050. - See more at:...
January 30, 2015 Nuclear Power Needs to Double to Meet Warming Goal
POWER SOURCE - That conclusion is consistent with the îIntergovernmental Panel on Climate Changeîâs findings last year that global carbon dioxide emissions need to be capped at 450 parts per million in order to...
January 30, 2015 Rio to Sao Paulo Plan for Water Cutoffs After Downplaying CrisisSource: Bloomberg Business
After public officials and utilities downplayed for months the chance Brazil’s three most-populous states will face water rationing, plans to severely limit water use are in the works as reservoirs fall to record lows.
January 30, 2015 Study: Climate change to bring more nasty La NinasSource: USA Today
Extreme La Niñas could become more frequent because of global warming, according to a study out this week in the British journal Nature Climate Change.
Source: NBC News
A newly published survey shows a significant opinion gap between professional scientists and the wider American public on issues in science ranging from climate change to genetically modified foods. But the results match up on at...
January 30, 2015 World's cities experiencing more heatwaves, study showsSource: The Guardian
World cities are experiencing more heatwaves and fewer cold spells, according to a study of extreme temperatures in hundreds of urban areas over the past 40 years. It found that many cities are seeing fewer extremely windy days...
January 29, 2015 British belief in climate change on the rise, research findsSource: The Guardian
Britons are more likely to agree the climate is changing than at any time in recent years, with nearly nine in 10 people saying climate change is happening and 84% attributing this somewhat or entirely to human activity, new...
January 29, 2015 What Do Farmers Think about Climate Change?Source: Scientific America
As a sociologist, J. Gordon Arbuckle Jr. spends a lot of time studying what shapes farmers' views and responses to climate change. It's a subject that has not gotten much attention, even as more research focuses on how to reduce...
January 29, 2015 Groups sue EPA over emissions from industrial livestock productionSource: Charlotte Observer
A coalition of environmental, community and animal welfare groups sued the Environmental Protection Agency Wednesday in an effort to push the Obama administration to reduce air pollution, including greenhouse gases, from enormous...
January 29, 2015 Climate models don't over-predict warming, Nature study shows
The Age - The researchers chose the 15- and 62-year intervals because they are the durations referenced most often by the îIntergovernmental Panel on Climate Changeî, which focuses particularly on accelerated warming...
|HOME | ABOUT THE SITE | REGISTRATION INFORMATION | VOICES: FEATURED COMMENTATORS AND BLOGGERS | SPECIAL SECTIONS|