Florida releases a climate-change action plan

October 19, 2008 at 11:46 pm | Posted in Climate and economy, Climate solutions | Leave a comment
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While the U.S. Congress has failed to pass legislation that would establish CO2 emissions reduction goals, individual states have been getting busy. 

According to the Pew Center on Global Climate Change, at least 31 states have created plans that outline climate-change “mitigation” goals.  The plans outline a mix of policies directed at reducing greenhouse gas emissions, from forest restoration efforts to energy-efficiency improvements. 

Last week, the state of Florida became the latest to jump on this new climate-planning bandwagon.

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Florida sizes up climate risks to investments

October 6, 2008 at 7:23 pm | Posted in Climate and economy | Leave a comment
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Given the events of the last few weeks, it’s little wonder the public’s confidence in the validity of investor confidence has taken a nosedive.  After all, it’s hard to have faith in their risk assessments when it looks like they made a miscalculation on the order of $700 billion plus. 

Yet, Florida’s chief financial officer, Alex Sink, recently made a bet that fund managers will play a critical role in protecting taxpayer dollars from risks associated with climate change. Check out the release.

He’s not going to trust the fund managers to do their own reporting, though. Instead, he’s partnered with RiskMetrics Group, an international risk management company, to analyze how well 21 different investment funds do when it comes to assessing climate risks.

Continue Reading Florida sizes up climate risks to investments…

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