Energy & Infrastructure

A global task force set up to try to prevent market shocks from the warming of the planet will ask companies to disclose how they manage risks to their business from climate change and greenhouse gas emission cuts.

2016 began - as recorded here on Forbes - noting that climate change was becoming very real in the financial world. As we head towards the end of what has been a tumultuous year, the Financial Stability Board (FSB) is clear the message needs to be reinforced, not dismissed.

Corporations, especially those in the financial and energy sectors, should provide investors with clear and systematic disclosure of the risks that climate change poses to their future economic health, a task force reporting to Bank of England Governor Mark Carney recommended Wednesday.

A task force led by Michael Bloomberg and backed by Mark Carney has urged companies to disclose to investors the impact of climate change on their businesses.

The launch of TCFD's recommendations were today hailed as a landmark moment for investors campaigning to have climate considerations integrated into mainstream reporting.

Companies should use a range of existing, publicly-available climate-related scenario analysis or develop their own in order to assess the risks posed to their business by climate change, according to the Financial Stability Board (FSB) Task Force on Climate-Related Financial Disclosures (TCFD).

More than 200 public electric vehicle (EV) charging stations will be installed soon under Duke Energy's "EV Charging Infrastructure Project."

DuPont Industrial Biosciences (DuPont) and Archer Daniels Midland Company (ADM) have been honored with the Breakthrough Solution of the Year Award from Platts Global Energy for their platform technology to produce a revolutionary biobased monomer, furan dicarboxylic methyl ester(FDME). The award was announced at the 18th Platts Global Energy Awards, held in New York on Thursday, Dec. 8.

According to numbers from a recent Pew Research Center report on the state of the media, the newspaper industry has shed around 20,000 positions, or almost 40 percent of its workforce, over the last 20 years. Between 2004 and 2014, some 126 daily newspapers closed their doors, as reported by Editor & Publisher’s DataBook listings.