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Report: Top Greenhouse Gas Emitters in Oil, Utility and Auto Industries Not Disclosing, Acting on Financial Risks of Climate Change
Jan 13, 2011
Most of America's biggest carbon dioxide-emitting companies - including ChevronTexaco (CVX), ExxonMobil (XOM), General Electric (GE), Southern Company (SO), and Xcel Energy (XEL) - are not adequately disclosing the financial risks posed by climate change and also are failing to deal with global warming issues in other key corporate governance areas, according to a new study of 20 of the world's largest companies.
Electric Power Companies, Investors, and Environmental Groups Join Forces to Call for Action on Climate Change
Jan 13, 2011
An unusual partnership of electric power companies, investors, and major environmental groups today released recommendations for the industry, government and Wall Street on the issue of global warming. Among the recommendations was a call for a mandatory national climate change program to limit greenhouse gas emissions. A national cap on emissions, the participants say, would create business certainty for electric companies and their investors, and would encourage investment in cleaner new technologies.