January 29, 2010: Securities and Exchange Commission Requires Release of Climate-related Risks
Friday, January 29th, 2010
A Securities and Exchange Commission ruling will require companies to disclose climate change-related financial risks to investors.
Treasury Secretary Timothy Geithner announced $5 million in tax credits for manufacturers producing energy efficient products.
Senator Lindsey Graham (R. - South Carolina) reiterated his support for a cap-and-trade bill yesterday, making the connection between putting a price on carbon and energy independence.
The Obama administration closed a $1.4 billion loan deal with Nissan to help the company retool an auto factory in Tennessee. The loan is expected to help create 1,300 jobs.
American Petroleum Institute President Jack Gerard’s accusations that the Obama administration is slowing oil and gas development are inaccurate, according to the Interior Department. “Oil and gas production on federal lands and waters is up — not down — from 2008,” said Department spokeswoman Kendra Barkoff.
The new NRDC Action Fund PSA project, This Is Our Moment, features a handful of big Hollywood names calling for clean energy and climate legislation.
New start up Energy Climate Solutions helps colleges and universities develop clean energy and energy efficiency strategies.
Apple’s new iPad comes with the same green credentials the company’s gadgets are known for, but ultimately adds to the “huge environmental impact” consumer electronics are responsible for, argues a piece in Grist.
Local Green: Hawaii officials say the state is on track to achieve its ambitious goal of generating 40 percent of its energy through renewables by 2030.
–Christopher Greenspan
Photo courtesy of Reinvented / CC BY-NC-SA 2.0
The House of Representatives passed
House energy bill co-author, Representative Henry Waxman (D - California),