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Exxon to disclose extent of its carbon asset exposure

2014-03-25 14:31:00| Climate Ark Climate Change & Global Warming Newsfeed

New Scientist: Oil giant Exxon Mobil has promised to reveal how much of its fossil fuel reserves could become worthless if governments agree to cut greenhouse gas emissions. It is the first major fossil fuel company to declare the size of its exposure to the so-called carbon bubble - the over-valuation of fossil fuel companies that could result if their assets are left unused. To save ourselves from the worst impacts of global warming, we have to leave fossil fuels in the ground instead of burning them. But...

Tags: extent exposure asset carbon

 

ExxonMobil Agrees to Report Carbon Stranded Asset Risk

2014-03-24 22:34:00| Climate Ark Climate Change & Global Warming Newsfeed

Environment News Service: In response to a shareholder resolution, ExxonMobil, the largest U.S. energy company, for the first time has agreed to publish a Carbon Asset Risk report on the company website. The report will show investors how ExxonMobil plans for a future where market forces and climate regulations will make some of its oil and gas reserves unburnable. The shareholders, led by the wealth management firm Arjuna Capital, which encourages sustainability, and the nonprofit advocacy group As You Sow, on Thursday...

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Super Session: Aging Infrastructure and Asset Management

2014-03-20 20:06:00| Transmission & Distribution World

Many existing power systems are currently approaching or exceeding their expected service lifetimes. read more

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UPDATE 2-Dow Chemical raises asset sale target by $1.5 bln-$2 bln

2014-03-19 22:07:16| Chemicals - Topix.net

Dow Chemical Co said it aimed to raise up to $6 billion from asset sales, $1.5 billion to $2.0 billion more than its earlier target, to focus on electronics, agriculture and packaging.

Tags: sale update target chemical

 

Odey Asset Management Reports Stakes in LSE-listed Companies...

2014-03-19 06:58:42| Industrial Machines - Topix.net

Crispin Odey's Odey Asset Management disclosed its stake in two London Stock Exchange-listed companies: Boohoo.com Plc and Circassia Pharmaceuticals plc .

Tags: management reports companies asset

 

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