Latest Investor Network on Climate Risk Stories
NEW YORK, April 14, 2011 /PRNewswire/ -- Value Line, Inc. (NASDAQ: VALU) announced today that its Board of Directors approved on April 13, 2011 a quarterly dividend of $0.20 per common share of Value Line, payable on May 4, 2011 to shareholders of record on April 25, 2011. Value Line, Inc. is a leading New York based publishing company and believes The Value Line Investment Survey is one of the most widely read independent investment publications. Investment Management Services are...
Tougher Fuel Efficiency Standards, Electric Vehicle Push Will Accelerate Sales and Profits for U.S. Carmakers More than Global Competitors, Two Analyses Conclude WASHINGTON, March 30, 2011 /PRNewswire-USNewswire/ -- As the U.S. ramps up vehicle fuel efficiency standards, two new reports from Citi Investment Research, Ceres and longtime independent industry experts conclude that U.S. automakers will be more profitable at a fleetwide 42 mile per gallon (MPG) average in 2020 - the strictest...
Shareholders Urge Energy Companies to Tackle Risks from Climate Change, Water Scarcity and Other Environmental Threats BOSTON, Feb. 17, 2011 /PRNewswire/ -- Affirming the financial risks that climate change and other environmental concerns pose to leading energy companies, investors announced today the filing of 66 climate and energy related shareholder resolutions with 41 coal, electric power and oil companies in the 2011 proxy season, making 2011 a record for shareholder engagement in the...
NEW YORK, Feb. 9, 2011 /PRNewswire/ -- Anvil Knitwear, a century-old apparel brand, today announced that it has joined the fast-growing Business for Innovative Climate & Energy Policy (BICEP) coalition. Anvil becomes the 20th member of BICEP, a group of major American companies committed to working with businesses and policymakers to enact meaningful energy and climate policies. (Logo: http://photos.prnewswire.com/prnh/20100520/NY07835LOGO) "For a 100-year-old company like Anvil,...
BERLIN, Feb. 1, 2011 /PRNewswire-USNewswire/ -- Climate Policy Initiative (CPI) and Climate Strategies announced the results of a study on the impact of the EU ETS on low-carbon investment. EU ETS captures companies' attention, contributes to clarity for strategic decision-making, and is part of the enabling environment for low-carbon investments. The study suggests improvements such as increasing stringency, limiting CDM use, changes in international financial reporting standards, and...
SAN FRANCISCO, Dec. 9, 2010 /PRNewswire/ -- More than one month after voters soundly defeated a ballot measure that would have suspended California's efforts to address climate change indefinitely, new research shows that state's proposed emissions trading or cap-and-trade program will create minimal economic impact, and California voters are solidly behind (64 percent) implementing this new program. In anticipation of the California Air Resources Board (CARB)'s upcoming decision over a...
Investors Say Weak U.S. Policies Causing Private Capital To Go Overseas; Strong Policies Needed to Close Widening Climate Investment Gap BOSTON, Nov. 16, 2010 /PRNewswire-USNewswire/ -- The world's largest global investors have a powerful message for climate negotiators in Cancun and the new U.S. Congress: take action now in the fight against global warming or risk economic disruptions far more severe than the recent financial crisis. Citing potential climate-related GDP losses of up to 20...
Los Angeles, Atlanta utilities face increasing risks, according to report's water risk assessment BOSTON, Oct. 21 /PRNewswire-USNewswire/ -- Growing water scarcity in many parts of the United States is a hidden financial risk for investors who buy the water and electric utility bonds that finance much of the country's vast water and power infrastructure, according to a first-ever report on the issue released today by Ceres and Water Asset Management. The report, The Ripple Effect: Water...
Large Asset Managers, VC's, Say Economic Competitiveness and Job Creation Would Take Major Hit in CA if Referendum Passes SACRAMENTO, Calif., Oct. 19 /PRNewswire-USNewswire/ -- Sixty-eight major investors collectively managing $415 billion in assets today issued a joint statement urging a "No" vote on Proposition 23, the California ballot initiative that would halt implementation of the state's landmark bipartisan clean energy law. The signed statement was unveiled at a news media...
SAUSALITO, Calif., Oct. 18 /PRNewswire/ -- California's clean energy law (AB 32) will spur energy efficiency investments and new innovations, providing opportunities to a wide range of small businesses to boost their bottom lines and grow their businesses, according to a report released today by Small Business Majority. "Under AB 32, California's small businesses will be able to take advantage of the increased investments, innovation and energy efficiency savings that the law will...
