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Ameren Reduce GHG 2012

WHEREAS:
In May 201 l, a National Academy of Sciences report warned that the risk of dangerous climate change impacts is growing with every ton of greenhouse gases emitted, and reiterated the pressing need for substantial action to limit the magnitude of climate change and to adapt to its impacts. The report also emphasized that, “the sooner that serious efforts to reduce greenhouse gas emissions proceed...t11e less pressure there will be to make larger, more rapid, and potentially more expensive reductions later.”

In October 2009, a National Academy of Sciences report stated that the burning of coal to generateelectricity in the U.S. causes about $62 billion a year in "hidden costs" for environmental damage, not including the damage associated with GHG emissions.
 
In a joint statement, 285 investors representing more than $20 trillion in assets stressed the urgent need for policy action which stimulates private sector investment into climate change solutions, creates jobs, and is essential for ensuring the long-term stability of the world economic system.
 
The electric generating industry accounts for more carbon dioxide emissions than any other sector, including the transportation and industrial sectors. U.S. fossil fueled power plants account for nearly 40% of domestic and 10% of global carbon dioxide emissions.
 
Many utilities, including Xcel Energy, Calpine Corporation, and Progress Energy are planning to replace some of their coal-fired power plants, determining that alternatives such as natural gas, efficiency and renewable energy (including wind, solar, biomass, and others) are more cost-effective than retrofittin g the coal plants to reduce air pollution.
 
The Tennessee Valley Authority (TVA) has announcedplans to, over the next five years, as 1000 MW ofcoal generating capacity and add 1000 MW of gas and 1 140 MW of nuclear generating capacity along with 1900 MW of energy efficiency and distributed renewable resources.
 
In October 201 I, analysis by Bank of America stated, "Rapidly declining costs are bringing solar much closer to parity with average power prices, especially in sunny regions. By 2015, the economics of utility-scale photovoltaic energy in sunny areas and residential rooftop in hi gh-cost regions should no longer require government subsidies.”
 
In October 201 1, the America Council for an Energy Efficient Economy (ACEEE) indicated that, “Total budgets for electricity efficiency programs increased to $4.5 billion in 2010, up from $3.4 billion in 2009."
 
Several electric power companies have set absolute GHG emissions reduction targets including: American Electric Power, Entergy, Duke Energy, Exelon, National Grid and Consolidated Edison. Others have set GHG intensity targets, including PSEG, NiSource and Pinnacle West.
 
RESOLVED:
Shareholders request that a committee of independent directors of the Board assess actions the company is taking or could take to build shareholder value and reduce greenhouse gas and other air emissions by providing comprehensive energy efficiency and renewable energy programs to its customers; and that the Company report to shareholders by September 1, 2012 on its plans to achieve this goal. Such a report may omit proprietary information and be prepared at reasonable cost.