New York’s Attorney General Andrew Cuomo is using the Martin Act, a securities law, to investigate the development plans of five companies constructing coal power plants. The AG states that the government is concerned that adequate shareholder disclosure has not taken place. See http://www.oag.state.ny.us/press/2007/sep/sep17a_07.html
Archive for September, 2007
NY Energy Companies Subpoenas: Attorney General acts on climate risk disclosure
September 24th, 2007Commentary on NSW Energy Paper - The Owen Report - Who pays for the carbon risk?
September 13th, 2007The Owen Report, considered long overdue by the power investment community, highlights a number of key risk issues in NSW energy strategy.
Ahead of a national ETS, cynics might see the NSW Government attempting to transfer state (NSW tax payer) owned carbon and energy risk to the private sector. The market reality, however, is that investment […]
IISS Strategic Survey 2007 - Projected emissions trends pose global security threat
September 13th, 2007The International Institute for Strategic Studies (IISS) the world’s leading authority on political-military conflict have released the IISS Strategic Survey 2007.
See http://www.iiss.org/
The report states that “the most recent international moves towards combating global warming represent a recognition . that if the emission of greenhouse gases . is allowed to continue unchecked, the effects will be […]
