Investors urge government to tackle climate change – for business' sake

authordefault
onMar 26, 2007 @ 10:53 PDT

Revenue from clean-energy companies worldwide increased nearly 39% to $55.4 billion last year, according to a report by Clean Edge, a technology research firm in California. By 2016, the collective revenue of such companies could reach $226.5 billion.

Among the 65 companies that comprised the coalition were Allianz AG in Munich, Germany, the California Public Employees Retirement System in Sacramento, Domini Social Investments LLC in New York, F&C Asset Management PLC in London, Merrill Lynch & Co. Inc. in New York, The Calvert Group Ltd. in Bethesda, Md. and Walden Asset Management in Boston.

The coalition called for three specific steps from government : A market-based national policy that will achieve a 60% to 90% long-term decrease of greenhouse gas emissions; realignment of national incentives to stimulate new clean technologies; and clarification of company disclosure requirements from the SEC.

authordefault
Admin's short bio, lorem ipsum dolor sit amet consectetur adipisicing elit. Voluptate maxime officiis sed aliquam! Lorem ipsum dolor sit amet consectetur adipisicing elit.

Related Posts

onNov 14, 2025 @ 07:04 PST

Their access to the summit is proof that Big Oil still holds "a dangerous sway" over the climate process, campaigners say.

Their access to the summit is proof that Big Oil still holds "a dangerous sway" over the climate process, campaigners say.
onNov 13, 2025 @ 21:01 PST

Delegation’s composition consistent with new KBPO report revealing this year’s U.N. climate talks have the largest number of fossil fuel lobbyists to date.

Delegation’s composition consistent with new KBPO report revealing this year’s U.N. climate talks have the largest number of fossil fuel lobbyists to date.
onNov 13, 2025 @ 06:22 PST

Labour government accused of being “complicit in the fossil fuel industry’s conquest of the COP process”.

Labour government accused of being “complicit in the fossil fuel industry’s conquest of the COP process”.
Analysis
onNov 12, 2025 @ 12:15 PST

Our changing climate will produce winners and losers. Canada should look to the Global South for a winning strategy.

Our changing climate will produce winners and losers. Canada should look to the Global South for a winning strategy.