New York state Attorney General Eric Schneiderman says coal giant Peabody Energy made false and misleading statements to investors about the financial risks it faces because of climate change.
As part of an agreement with Schneiderman's office, the company has agreed to revise the disclosures it makes to investors about the risks in its quarterly report released today, and has promised to include the disclosures in future filings.
Coal Giant Peabody Accused Of Misleading Investors About Climate Change Risks
Ex-BP engineer pleads guilty in Gulf oil spill probe
A former BP engineer accused of deleting text messages after the Gulf oil spill and ensuing investigation pleaded guilty Friday to lesser charges and avoided prison time.
Kurt Mix has been fighting an obstruction charge for more than three years. In federal court on Friday, he pleaded guilty to intentionally causing damage without authorization to a protected computer. Prosecutors suggested no prison time for Mix, and a judge sentenced him to six months of probation.
Blame Western companies for Southeast Asia’s toxic haze
I arrived in Singapore two weeks ago, landing in a cloud of haze. For the last two months, my business school classmates in Southeast Asia’s leading financial center have not seen the blue sky and have been warned not to spend time outside, as the haze can get so heavy that breathing becomes dangerous. When they do go outside, they wear masks.
The same haze hangs over Indonesia, Malaysia, the Philippines and an ever-growing swath of the region — and it has been happening annually. This year, it has reached record levels of pollution because of El Niño and the resulting delay in the rainy season.
United Nations says pledges to limit emissions don't go far enough
Plans submitted by 146 countries to cap greenhouse gas emissions do not go far enough to keep global temperatures from exceeding the danger threshold, the United Nations said.
Pledges, submitted by all developed nations and three-quarters of developing countries, deliver "sizable" emission reductions and slow emissions growth in the coming decade, but they will not be sufficient to reverse by 2030 the upward trend of global emissions, the UN's climate change secretariat said in a report released in advance of a global climate summit.
Greenland Is Melting Away
The midnight sun still gleamed at 1 a.m. across the brilliant expanse of the Greenland ice sheet. Brandon Overstreet, a doctoral candidate in hydrology at the University of Wyoming, picked his way across the frozen landscape, clipped his climbing harness to an anchor in the ice and crept toward the edge of a river that rushed downstream toward an enormous sinkhole.
If he fell in, “the death rate is 100 percent,” said Mr. Overstreet’s friend and fellow researcher, Lincoln Pitcher.
World's Catholic bishops issue appeal to Paris climate talks
Catholic patriarchs, cardinals and bishops representing five continents appealed to climate negotiators on Monday to approve a "transformative" and fair, legally binding agreement that sets global temperature limits and decarbonization goals to save the planet from climate-induced catastrophe.
The representatives of bishops' conferences from around the globe signed the appeal in a renewed push to encourage climate negotiators meeting in Paris next month to heed Pope Francis' call to protect God's creation and the poor who suffer most from its exploitation.
Fracking Disaster: Kansas Went From 1 Earthquake Per Year To 42 A Week
The revolutionary method of natural-gas extraction known as hydraulic fracturing – or “fracking” – has left in its wake a trail of contaminated water supplies, polluted air, health problems, and environmental degradation. But what is potentially the most damaging aspect of the process is just coming to light in the form of a tremendous spate of earthquakes in the heart of the United States.
In the past week, northern Oklahoma and southern Kansas have suffered forty two earthquakes of magnitude 2.5 on the Richter scale – 17% of all earthquakes in the world. This brings the year-to-date count up to 680 such tremors – and this in area that until recently was almost completely seismically dormant. Up until 2009, the area experienced an average of 1.5 of these quakes each year. What has changed since then is the massive influx of fracking operations seeking to take advantage of the Woodford Shale that straddles the two states’ border.
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