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Major Investors Warn Energy Companies of Business Risks in Flaring Gas at Shale Oil Wells
Mar 29, 2012
With escalating shale oil production putting the US on track to become the world’s largest oil producer, investors are challenging an increasingly common industry practice – burning off or ‘flaring’ associated natural gas from shale oil wells – as environmentally damaging, economically wasteful and a threat to the industry’s bottom line.
IPCC report confirms what insurance industry already knows:
Mar 28, 2012
In the wake of a new Intergovernmental Panel on Climate Change (IPCC) report on extreme weather and climate change, Ceres and insurance industry executives today released statements on the report’s findings and the growing impacts of extreme weather on their businesses and actions that are needed to respond if climate trends continue.