According to a new report, Climate Change Scenarios – Implications for Strategic Asset Allocation, uncertainty about global climate change policies and their associated adjustment costs could cost investors trillions of dollars over the next 20 years and be responsible for as much as 10 percent of investment portfolio risk. The report analyzes the impact of
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Maplecroft, a firm specializing in corporate risk intelligence, has compiled the following overview of natural disasters that have struck 6 countries in the past two weeks. Subscribers to the company’s web site can also download a Natural Disasters Index and maps showing economic losses associated with natural disasters. Overview Australia. 16 February 2011. Tropical Cyclone Carlos
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A global oil and gas company was found liable for soil and ground water contamination associated with historic drilling operations that impacted Ecuador’s northern jungle. The company was ordered to pay US$ 8.6 billion in remediation and restoration costs. The amount was far below the $27.3 billion recommended by a court-appointed expert. Plaintiffs allege that their hunting and fishing grounds near the headwaters of the Amazon River were contaminated by toxic wastewater […]
Egypt continues to witness social, economic and political turmoil as thousands of protestors have vowed to increase the momentum of demonstrations across the country. The majority demand the resignation of President Hosni Mubarak, who has ruled Egypt for three decades. Having taken power in 1981 following the assassination of former President Anwar al-Sadat by Islamist
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For years Environmental, Health, and Safety and Sustainability (EHSS) leaders have periodically reviewed their strategies to make sure they are aligned with “the business” of their company. That’s no longer good enough. Increasingly, the business itself is evolving quickly. It’s changing its organization, structure, and focus. It’s a moving target. That’s pretty tough to align
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How much greenhouse gas a company produces has a significant effect on the value of the company’s stock, according to a new study by researchers at the University of California (UC), Davis; UC, Berkeley; and University of Otago in New Zealand. The greater the carbon emissions, the lower a company’s stock, all other factors being
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The Ontario Power Authority is developing two new Clean Energy Standard Offer Programs, one for natural gas-fired combined heat and power (CHPSOP), the other for energy recovery (ERSOP) from by-products fuel and under utilized energy resources. These programs potentially offer exciting opportunities for Ontario’s industries. Consultation will be carried out over the next couple of months.
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The Ontario Power Authority is introducing a new Feed-In Tariff for commercial aggregators, called the CFIT (commercial feed-in-tariff) Program. The program is intended for micro-fit generation projects where the proponent has multiple projects, is not eligible for the microFIT program or needs to give its lender step in rights. The proposed price is 71.3 cents/kWh)
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Welcome to the EHS Journal. This international e-zine was designed for and by environmental, health and safety professionals for the purpose of sharing knowledge and facilitating discussion within our profession. Since our launch in January 2010, we have published articles and images from more than 100 contributors in 30 countries.
We are actively seeking new articles! See the Submission Guidelines for more information. […]
