Economy & Business

"S.E.C. Is Criticized for Lax Enforcement of Climate Risk Disclosure"

"As recently as 2011, shares in Peabody Energy, the world’s biggest private sector coal company, traded at the equivalent of $1,000. Today, they hover around $4 each. Over that time, investors who held the stock lost millions."

Source: NY Times, 02/02/2016

"Ethanol Mandate, a Boon to Iowa Alone, Faces Rising Resistance"

"AMES, Iowa — Tim Recker has been growing corn in this state his whole life, and using his crops to make ethanol almost as long, at first by the jar for his trucks, now by the barrel for the nation. That is in large part because Congress in 2005 mandated that oil refiners blend ethanol into gasoline."

Source: NY Times, 02/01/2016

"Once Famous For Beer, Milwaukee Now Bets On Water"

"In Michigan, leaders talk about a "blue economy," everything from reviving waterfronts to lakefront tourism to new technology that cleans, treats or saves water. In Wisconsin, they're also linking water and economic revitalization. Nowhere are they testing the idea of a water tech economy more urgently than Milwaukee."

Source: Marketplace, 01/27/2016

"California Said to Target Exxon in Climate Inquiry"

"California’s attorney general is investigating Exxon Mobil on whether the company lied to the public and shareholders about the risks of climate change, and whether the company’s statements over the years constitute violations of securities laws and other statutes."

Source: NY Times, 01/21/2016

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