"Climate-Minded Shareholders Ask How Coal Fares If Regulation Tightens"

"Two advocacy groups have come up with a new tactic to show how climate change—and laws to deal with it—could make investments in fossil fuel companies riskier and rock financial markets."

"In a pair of first-of-their-kind shareholder resolutions, the groups have asked two of the nation's largest coal producers to report to investors how much of their coal assets would be left "stranded" in the ground if the United States were to pass sweeping greenhouse gas regulations.

As You Sow, a shareholder advocacy group for environmental issues, filed a resolution with CONSOL Energy late last year. The Unitarian Universalist Association, a religious organization that promotes social justice, filed a similar resolution with Alpha Natural Resources."

Maria Gallucci reports for InsideClimate News March 7, 2013.

Source: InsideClimate News, 03/13/2013