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Activist investors put climate-change issue up for vote at bank
2013-02-20 23:28:00| Climate Ark Climate Change & Global Warming Newsfeed
LA Times: Activist investors have succeeded for the first time in placing a shareholder resolution on the risks of greenhouse-gas emissions up for a vote at a major bank, a step toward making climate change an important consideration for corporations. The resolution, which follows years of protests over banks financing certain coal operations, is to be included in proxy material being sent to shareholders of PNC Financial Services Group of Pittsburgh before the bank's April 23 annual meeting. It asks...
Carbon price plunges 20 per cent after EU backloading vote
2013-02-20 11:39:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: The price of EU carbon allowances plunged 20 per cent yesterday, after lawmakers delayed drafting legislation to prop up the ailing bloc's emissions trading scheme (ETS). Allowances were traded at just over EUR4 (3.50) yesterday before rebounding to EUR4.68 later in the day, a 12-day low but a marginal improvement on the record low prices of about EUR3 recorded last month. The movement was sparked after the European Parliament's Environment Committee yesterday approved a plan to address the...
Carbon Market Fate in Europe Hangs on EU Vote to Fix Surplus
2013-02-19 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: European Union lawmakers may determine the fate of the worlds biggest carbon market when they vote today on a proposal to cut a record surplus of emission permits that has pushed prices to an all-time low. The European Parliaments environment committee is considering an amendment to EU emissions trading law that will enable sales of some carbon allowances to be delayed until the end of the decade, a process known as backloading. The panels non-binding opinion, due after 9 a.m. in Brussels,...
United Kingdom: Cumbrian nuclear waste vote marred by allegations of scare tactics
2013-02-11 15:04:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: The decision by Cumbria Council to block proposals for a new underground storage facility for the radioactive waste currently stored in the county is facing fresh questions, after allegations emerged of an organised campaign to "intimidate" councillors considering voting in favour of further investigation into the plan. Cumbria Council voted last month to block the next stage of work to assess whether a Geological Disposal Facility (GDF) should be developed in the west of the county, despite a...
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Council gets 2013 budget, to vote on moral claims
2013-02-11 00:26:51| Steel - Topix.net
The final 2013 budget will be presented to City Council tonight and two moral claims will be back for final votes.
Tags: vote
claims
council
budget
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