Economy & Business

"Europe Threatens Gazprom With Antitrust Action"

"The European Union’s top antitrust enforcer on Thursday threatened to formally charge the Russian natural gas giant Gazprom with restricting trade and price gouging, raising the stakes in a two-year investigation that has already created tensions with Russia’s president, Vladimir V. Putin."

Source: NY Times, 10/08/2013

It Continues: 2 Pennsylvania Coal Plants Will Close for Good Next Week

"The coal sector is in its death throes, thanks to cheaper alternatives and a growing distaste for what is the worst of the global-warming fuels. The latest casualties: two coal-burning power plants in Pennsylvania that will pump their last energy into the grid, and cough their last pollution in to the air, this weekend."

Source: Grist, 10/07/2013

Most US Public Companies Ignore Rule on Climate Risk Disclosure

In 2010, the Securities and Exchange Commission (SEC) required publicly traded companies to disclose to their stockholders (and the public) what business risks they might face from climate change. Almost three-quarters of the companies are still ignoring the rule, and their shareholders are flying blind.

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