Economy & Business

"BP Faces Shareholder Revolt Over Bob Dudley's Pay"

"Investors group will vent its displeasure during AGM by voting against £4.6m remuneration package for chief executive"


"A substantial pay revolt will be mounted by shareholders at the annual general meeting of BP on Thursday following the board decision to give more than £4m remuneration to chief executive, Bob Dudley, despite a depressed stock price.

A group of investors will vote in protest against acceptance of this part of the company's remuneration report, emboldened by a negative recommendation from the shareholder advisory body Pirc.

Source: Guardian, 04/12/2012

Grants Criticized By GOP Helped Create 75K Jobs a Year -- Obama Admin

"The Treasury Department's $9 billion renewable energy grant program supported as many as 75,000 jobs each year it was available, according to a new report from the Department of Energy that counters Republican criticism of the grant-in-lieu-of-tax-credit effort."

Source: Greenwire, 04/10/2012

"Gas Industry Presses White House on 'Fracking' Rules"

"Natural-gas companies are taking concerns about looming Interior Department 'fracking' regulations to the White House with efforts that include a meeting between a major producer and the Obama administration’s top regulatory official."

Source: E2 Wire, 04/10/2012

"Is Nuclear Power Industry Poised To Repeat 'Managerial Disaster'?"

"'The failure of the U.S. nuclear power program ranks as the largest managerial disaster in business history, a disaster on a monumental scale.' The rant of an antinuclear activist? Hardly. It was the first sentence of an in-depth story in a conservative business magazine, Forbes.  In 1985."

Source: Tampa Bay Times, 04/09/2012

Are Data Behind Companies' Greenhouse Gas Emissions Trade Secrets?

EPA's upcoming rulings on confidentiality for data going into the companies' GHG calculations will be important. Those determinations may impact whether companies' reporting is accurate — and whether they can ever be held accountable for their emissions.


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