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One of the Worlds Largest Coal Companies Misled Investors About Climate Change Risk
2015-11-10 15:45:00| Climate Ark Climate Change & Global Warming Newsfeed
Newsweek: Just days after President Barack Obama rejected the Keystone XL pipeline, environmentalists were handed another victory Monday morning when New York State Attorney General Eric Schneiderman released the results of an investigation that found one of the world's largest coal companies had misled the public and its shareholders about the risks climate change could pose to its bottom line. After several years of investigations, Schneiderman reached an agreement with Peabody Energy that won't require...
Tags: change
companies
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largest
Peabody Energy, worlds largest coal company, to disclose more climate risks to investors
2015-11-10 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Washington Post: Peabody Energy, the worlds biggest publicly traded coal company, agreed Sunday to disclose more fully potential risks to its business from climate change regulations and resulting impacts on coal demand as part of a settlement with New York attorney general Eric Schneiderman. The agreement follows recent news that Schneiderman is also investigating ExxonMobil for allegedly misleading the public and investors about climate change. Taken together, the revelations suggest that we could be entering...
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One of the worlds largest coal companies misled investors about climate change risk
2015-11-10 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Mother Jones: Climate change could pose a serious risk to investors in publicly-traded fossil fuel companies, as governments around the world move to restrict carbon emissions. Many climate change advocacy groups say those companies have an obligation to their shareholders to be transparent about how demand for their product could diminish in the near future. Although Peabody escaped financial penalties this time around, it could still face litigation from aggrieved shareholders. According to Schneiderman's...
Tags: change
companies
risk
largest
Daimler and partners deploying worlds largest 2nd-life EV battery storage unit for grid support
2015-11-04 20:55:30| Green Car Congress
Tags: support
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storage
Worlds Largest Floating Wind Farm Gets Green Light
2015-11-03 15:29:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: Offshore wind has come a long way in recent years, in large part because of how heavily the UK has invested in the technology. But most of this development has been with conventional wind technology, which requires that the turbines be mounted to the seafloor or lakebed in relatively shallow water. Floating turbines have been deployed, but so far only in small-scale projects, such as the one built and operated by the Fukushima Wind Offshore Consortium. But that could all change soon, now that Norways...
Tags: light
green
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wind
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