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Ceres News Feed

When global warming hurts business
Mar 04, 2014
Some of the biggest West Coast businesses are pushing Congress and state government to act on climate change legislation. But it’s less about global warming and more about their bottom lines.
Insurers Have Huge Role As Clean Energy Investors
Mar 03, 2014
Conversations about climate change and the insurance industry usually focus on catastrophic storms and their damaging financial ripples for insurance providers. Given skyrocketing extreme-weather losses in recent years, it’s surely a legitimate issue that should be making insurers re-think their business models.
Morgan Stanley Joins Ceres Company Network
Feb 27, 2014
Ceres announced today that its board of directors has approved Morgan Stanley, a leading global financial services firm, as the newest member of the Ceres company network.
Apple, San Diego International Airport, SolarCity and Sapphire Energy Join Call for U.S. Action on Climate Change
Feb 25, 2014
As California battles the worst drought in centuries, more than a dozen major businesses joined with more than 120 California-based companies in signing the Climate Declaration.
How to Save Water on Fracking
Feb 24, 2014
Among the environmental worries posed by hydraulic fracturing, including the release of methane into the air and contamination of groundwater, one has recently escalated: the concern that the enormous quantities of water used in fracking will leave parts of the country parched.
Mutual fund companies show record high support for climate change shareholder resolutions
Feb 20, 2014
Mutual fund companies are showing stronger interest in climate change and its financial impacts on companies in their vast portfolios, according to new proxy voting data.
Fracking's water use sets up fight with cities and farmers
Feb 18, 2014
It’s no secret that hydraulic fracturing in the production of oil and natural gas uses enormous amounts of water.
California’s Drought: Cheap Water, But No Free Lunch
Feb 14, 2014
Today, President Obama visited California’s Central Valley, which may be in the midst of the driest winter in centuries.
Energy efficiency, cities, and the Clean Trillion
Feb 14, 2014
$36 trillion in clean energy investment is needed to avoid the worst impacts of climate change. Ten cities are stepping up to the plate and investors are likely to follow.
The Largest Risk (and Opportunity) Investors Are Ignoring
Feb 13, 2014
Tackling climate change -- and thus keeping the world inhabitable -- is an achievable goal, but it will become prohibitively expensive if we wait to act.
Investor group demands fossil fuel companies disclose carbon asset risk
Feb 12, 2014
A group of investors with combined assets of over $200 billion filed shareholder resolutions on Wednesday with ten energy companies, including Exxon Mobil and Southern Co, demanding they disclose their strategies for competing in a lower-carbon future.
Shareholders File Resolutions to Press Fossil Fuel Companies on Low-Carbon Strategies, Carbon Asset Risk
Feb 12, 2014
On the heels of the Investor Summit on Climate Risk at the United Nations, a half-dozen investors today announced the filing of shareholder resolutions with 10 fossil fuel companies.
Insatiable Thirst? The Fracking/Water Collision in South Texas
Feb 07, 2014
Fifty miles south of San Antonio on Route 181, signs of the hydraulic fracturing boom taking place in the Eagle Ford Basin are everywhere. New hotels are popping up. Trucks endlessly barrel down roads. Restaurants can’t find enough workers.
Cool Response: The SEC & Corporate Climate Change Reporting
Feb 06, 2014
This report examines the state of corporate reporting and associated SEC comment letters on climate change. It also provides recommendations for the SEC and companies on improving the quality of reporting.
Report: Fracking raising water supply worries
Feb 06, 2014
The USA's domestic energy boom is increasing demands on water supplies already under pressure from drought and growing populations, a new report says.
Inadequate Action by Securities & Exchange Commission on Climate Change, Report Says
Feb 06, 2014
The U.S. Securities and Exchange Commission (SEC) has not adequately addressed the climate disclosure deficiencies of publicly traded corporations, despite four-year-old formal guidance requiring companies to disclose material climate change risks, according to a report published by Ceres today.
Report: Water Availability a Risk for Oil, Gas Drillers
Feb 05, 2014
A new national report on hydraulic fracturing and water use suggests that oil and gas companies are at risk of running short on the precious resource — especially in South Texas, where the drilling boom took off just two years ago as a severe drought was taking hold and has not let up.
New Hydraulic Fracturing Report Finds Texas and Colorado Face Biggest Water Sourcing Risks
Feb 05, 2014
As hydraulic fracturing is increasingly used for oil and gas extraction across much of the United States and Western Canada, a new Ceres report issued today shows that much of this activity is happening in arid, water stressed regions, creating significant long-term water sourcing risks for companies operating in these regions as well as their investors.
Hydraulic Fracturing & Water Stress: Water Demand by the Numbers
Feb 05, 2014
This Ceres research paper analyzes escalating water demand in hydraulic fracturing operations across the United States and western Canada. It evaluates oil and gas company water use in eight regions with intense shale energy development and the most pronounced water stress challenges.
Statement by Ceres President Mindy Lubber on President Obama's State of the Union Address
Jan 29, 2014
We applaud President Obama's firm commitment to transition the U.S. to a clean energy economy by expanding renewable energy sources, ending fossil fuel subsidies and regulating carbon emissions from existing power plants.