Tag: utilities

Ignore The "Stranded Asset" Risk at Your Own Personal Financial Peril

Ignore The "Stranded Asset" Risk at Your Own Personal Financial Peril

The shift to renewable energy is happening and gaining momentum worldwide.  This is putting the value of companies that mine, sell, transport or support the fossil fuel industry at great peril.  We’re already seeing the effects of dropping market prices of oil, coal and natural gas on the stock prices of fossil fuel industry company stocks.  There is another huge risk lurking…

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Fossil Fuel Industry Executives Acknowledge Climate Change Risk to Their Business Model

Fossil Fuel Industry Executives Acknowledge Climate Change Risk to Their Business Model

The following article covers a variety topics about which I have written in the past including: The current and coming impact of climate change on people around the world. The lack of adequate measures to mitigate the worst impacts of a warming planet. The movement to divest portfolios of fossil fuels. The recognition by business leaders, especially those either currently or…

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Heading Towards Paris: Where We Are Today

Heading Towards Paris: Where We Are Today

The following article points out that no matter how successful the negotiations are in Paris in December, they will be totally insufficient to limit the impacts a warming climate will have on civilization to a tolerable level.  But progress is progress. It is very significant that there is beginning to be a worldwide consensus that we must make commitments to…

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Many Items Coming Together At This Moment

Many Items Coming Together At This Moment

Over the summer I’ve taken some time off from writing while paddling, fishing and backpacking.  During this time a great deal has occurred that present an interesting picture of multiple trends that are interacting.  This is causing increased alarm and hope at the same time.  Below is a listing of some recent developments and news.  Much of this you may have…

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“An age-old myth that should be shut down is that all regulation is bad for the economy and only environmentalists care about climate change,” said Mindy Lubber, president of Ceres, the sustainable investing advocacy group that coordinated the letters… “We really see economic opportunity in addressing climate change, and it’s important to change the narrative that’s been out there for…

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You're Probably a Lot Closer to Disaster Than You Think

You're Probably a Lot Closer to Disaster Than You Think

Most of us, especially those of us in our comfortable homes in Chicago’s Quiet North Shore Suburbs, feel quite safe and secure.  We can’t imagine an enormous explosion that could destroy our homes, lives and communities like what happened in the small Quebec town of Lac-Mégantic as described below in Mike Brune’s Blog.  Think again.   Many receiving this may remember…

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Disappointing Supreme Court Decision Today re: EPA Mercury Rule

Disappointing Supreme Court Decision Today re: EPA Mercury Rule

Elections matter.  It amazes and disappoints me that the Supreme Court could find that the EPA failed to take into consideration the costs that industry, principally the coal industry, would endure in order to cause: “the lifelong neurological damage brought on by exposure to toxic mercury, and prevent up to 11,000 premature deaths, 4,700 heart attacks and 130,000 asthma attacks…

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