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Shareholders file first-ever 'carbon bubble' resolutions

2013-03-07 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

InsideClimate: wo advocacy groups have come up with a new tactic to show how climate changeand laws to deal with itcould make investments in fossil fuel companies riskier and rock financial markets. In a pair of first-of-their-kind shareholder resolutions, the groups have asked two of the nation's largest coal producers to report to investors how much of their coal assets would be left "stranded" in the ground if the United States were to pass sweeping greenhouse gas regulations. As You Sow, a shareholder...

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