Facilities Managers are more focused than ever on sustainable resource management. As energy costs fluctuate and executive-level pressures to conserve and save mount, Facilities managers are stepping up to the challenges with an increased level of commitment and expertise. The recent report, Facility Managers: Putting Energy & Sustainability Practices to … Read more »
By Bryan LeRoy and David McGrath, Manatt, Phelps & Phillips On August 1, 2016, after nearly six years and two drafts, the White House Council on Environmental Quality (CEQ) issued a final version of its guidance for considering greenhouse gas (GHG) emissions and the effects of climate change under the … Read more »
Last year marked a turning point for the investment community in acting on carbon in their investments. By the time of the Paris Climate Summit in December, 110 investors representing over $10 trillion in assets under management had committed to reporting the carbon footprint of their funds on an annual … Read more »
The Paris agreement is a clear signal of international will to tackle climate change and governments around the world are under pressure to ramp up efforts to cut carbon emissions. Trucost analysis shows that achieving the 2°C target means that the retail sector would have to reduce its carbon emissions by an average of 76% by 2050, while the telecommunications sector would have to achieve an 89% cut by the same year.
Operating California’s Diablo Canyon nuclear power plant past its 2025 license expiration would cost more than twice what many had anticipated, and significantly more than replacing it with energy efficiency and renewable resources, according to an analysis submitted today to the California Public Utilities Commission (CPUC) by the plant owner.
If you’ve been following the news, you probably know that coal is down in the dumps. Three of the top five US coal companies have declared bankruptcy in the past year, part of a massive trend of insolvency sweeping the industry as solar, wind, and natural gas steadily eat into … Read more »
Going to the doctor for an annual check-up is a smart approach because even if you don’t feel sick, the visit can catch problems like high cholesterol or blood pressure before they become serious. And what does high cholesterol feel like anyway? Similarly, the systems that support complex business-critical enterprise functions such … Read more »
Wyoming regulators previously reached a deal with Arch Coal to accept up to $75 million in place of the company’s $486 million in bonding obligations while the company goes through Chapter 11 bankruptcy. As discussed in an earlier post, coal companies are typically required to post a bond to ensure … Read more »