This week’s largest leveraged buyout in corporate history (US$45 billion) by KKR and Texas Pacific Group of TXU, has sent clear signals to the market concerning climate risk in the utility sector. The decision to reduce coal fuel dependency by 75% equates to a 50.8 million tonnes annual reduction in carbon emissions.
The decision to shelve 8 […]
Archive for the 'Business and Investment' Category
Private equity - Factoring climate risk in energy investment
February 27th, 2007Branson commits $3 billion/10 years to alternate fuels, technology
September 22nd, 2006CR Questions Is this a good hedging strategy?
“We have to wean ourselves off our dependence on coal and fossil fuels” Richard Branson
Virgin Fuels’ first investment supports the Group’s belief that all businesses, especially those involved in transportation, must be at the forefront of developing environmentally friendly business strategies with a focus on replacing traditional energy with energy […]
CAL. Attorney General Files Lawsuit Against “Big Six” Carmakers
September 21st, 2006Attorney General Bill Lockyer today filed a lawsuit against leading U.S. and Japanese auto manufacturers, alleging their vehicles’ emissions have contributed significantly to global warming, harmed the resources, infrastructure and environmental health of California, and cost the state millions of dollars to address current and future effects.
“Global warming is causing significant harm to California’s environment, […]
CDP release:The $31.5 Trillion Question: Is Your Company Prepared for Climate Change?
September 19th, 2006Climate change has become a major concern among leading US financial institutions and companies, according to a report to be issued today by the Carbon Disclosure Project (CDP), a coalition of global investors with more than $31.5 trillion in assets.Â
The report was released at an event hosted by Merrill Lynch and held at their headquarters […]
Climate Risk launches Climate Policy Analysis Tool
October 25th, 2007Sydney 25th October 2007
Climate Risk, independent climate risk analysts, today launched a Climate Policy Analysis Tool to enable business to assess ramifications of State and Federal policy commitments.
The Climate Policy Analysis Tool (Australia) is available for companies, industry organisations and policy analysts to quantify the affect of Federal, State and corporate policies on national greenhouse gas emissions by […]