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New Reports from Citi, Ceres See U.S. Auto Industry Boosting Profits, Sales with Higher Mileage Standards
Mar 30, 2011
Two new reports from Citi Investment Research, Ceres and industry experts conclude that U.S. automakers will be more profitable at a fleetwide 42 mpg average in 2020 – and that by 2015 more than one in 20 cars sold in the U.S. will be hybrid, plug-in or full electric vehicles (EV).
Three utilities agree to more water-risk disclosure
Mar 23, 2011
Dominion, Southern Company and PPL agreed to significantly expand reporting and disclosure on water availability risks and plans for mitigating those risks, according to Ceres, a coalition of investors and public interest groups, which works with companies on sustainability issues. The agreements were made in response to shareholders' resolutions filed several months ago asking them to evaluate and disclose their strategies on water risks, including low flows, thermal impacts and emerging regulations. The resolutions were withdrawn recently after the utilities' agreements.