Quantcast
Business
Jim Henderson / Wikimedia Commons

World's Largest Money Manager: Companies Must Respond to Social and Climate Challenges

The world's largest publicly traded companies must take a more active role in solving social issues or face blowback from investors, the CEO of BlackRock said Tuesday.

"To prosper over time, every company must not only deliver financial performance, but also show how it makes a positive contribution to society," Laurence Fink wrote in his annual letter to CEOs of companies in which BlackRock invests. BlackRock is the world's largest money manager, with more than $6 trillion in assets.

Keep reading... Show less
Sponsored
Politics
iStock

Nearly All Coastal Governors Denounce Plan to Expand Offshore Oil Drilling

Politicians from coastal states around the country continue to call for their states to be exempt from the Trump administration's proposed expansion of offshore drilling following its politically-tinged decision last week to remove Florida from the plan.

The Interior Department said last week that Secretary Ryan Zinke had spoken with seven coastal governors opposed to drilling, including the governors of North and South Carolina, Rhode Island, Delaware and Washington. Oregon Gov. Kate Brown's office told press Zinke would consider removing the state from the plan following their call, while California Gov. Jerry Brown's office reports that Zinke promised to travel to the state to further discuss the offshore leases.

Keep reading... Show less
Animals
Red fox at Kinzarof Lagoon, Izembek National Wildlife Refuge. Kristine Sowl, USFWS / Flickr

DOI to Allow Road Construction Inside National Wildlife Refuge in Alaska

The Interior Department has reached a deal with a remote Alaskan village to construct a controversial road through a national wildlife refuge.

Local officials from King Cove in the Aleutian Islands said last week that the Interior Department has approved a land swap that would allow the village to build a 12-mile gravel road through the Izembek National Wildlife Refuge that will connect the village to the nearby town of Cold Bay.

Keep reading... Show less
Energy
This data visualization shows very cold temperatures gripping large portions of North America on Jan. 1, 2018. The cold is a key ingredient in forming the "bomb cyclone" along the East Coast. NOAA

'Bomb Cyclone' Brings Freezing Weather as Grid Debate Intensifies

Temperatures continue in their second week of freezing lows in much of the U.S. as the Northeast braces for an intense "bomb cyclone" storm expected to hit Thursday.

Science studies and models report that the outbreak of arctic air bringing freezing temperatures to the lower U.S. is consistent with a warming planet, while researchers also report the conditions fueling the current bomb cyclone are consistent with trends linked to climate change that intensify nor'easters.

Keep reading... Show less
Health
Shutterstock

China Ends Production of 553 Car Models to Fight Air Pollution

China will suspend production of hundreds of car models in an effort to curb air pollution, the official state news agency announced this week.

The suspension, effective Jan. 1, covers 553 models that do not meet the country's fuel economy standards, including cars from major domestic manufacturers like Chery Automobile Co., Ltd. and joint international models from FAW-Volkswagen and Beijing Benz Automotive.

Keep reading... Show less
Sponsored
Popular
Downtown Ponce, Puerto Rico on Dec. 27. The landmark Castillo Serrallés, obscure in the background, is usually well lit and easily seen, especially during this time of year. Michi and Juan / Flickr

100 Days After Hurricane Maria, 1.5 Million American Citizens in Puerto Rico Still Have No Power

Around half of Puerto Ricans—more than 1.5 million people—remain without power 100 days since Hurricane Maria hit the island, according to official figures released Friday.

In the first official figures released by the Puerto Rican government since the storm made landfall in September, officials reported that one of the island's 78 municipalities remains totally without power. Gov. Ricardo Rosselló had promised in October to restore 95 percent of power by December 15, while the Army Corps of Engineers estimated power would be totally restored by May.

Keep reading... Show less
Business
BHP Billiton relies heavily on science and technology, recognizes climate change and supports the Paris agreement. YouTube

World's Largest Mining Company Breaks With Global Trade Groups That Deny Climate Change

One of the world's largest coal companies is making plans to quit the World Coal Association over a disagreement on climate policies.

British-Australian mining giant BHP Billiton noted in a review of the company's industry associations issued Tuesday that it may end its membership in the international lobbying group and will reconsider its membership in the U.S. Chamber of Commerce due in part to the U.S. planned withdrawal from the Paris agreement.

Keep reading... Show less
Sponsored
Climate

3 Extreme Weather Events in 2016 'Could Not Have Happened' Without Climate Change, Scientists Say

Three of 2016's extreme weather events would have been impossible without human-caused climate change, according to new research.

The Bulletin of the American Meteorological Society published a collection of papers Wednesday focused on examining the effect of climate change on 27 extreme weather events last year. The research found that climate change was a "significant driver" in 21 of these weather disasters, and that three events—the temperatures making 2016 the hottest year on record, the heat wave over Asia in the spring, and a "blob" of extremely warm water in the Pacific—"could not have happened" without climate change.

Keep reading... Show less
Popular
WAVY-TV

Atlantic Coast Pipeline Opponents Down But Not Out After Conditional Approval

A Virginia panel of regulators granted a conditional approval for a controversial gas pipeline Tuesday, saying that more information on environmental impact is needed before the project can proceed.

The Virginia State Water Board voted 4-3 to approve water permits for the pipeline in one of the project's last remaining hurdles, but delayed the start of construction until several additional environmental studies are reviewed and approved.

Keep reading... Show less
Sponsored

mail-copy

The best of EcoWatch, right in your inbox. Sign up for our email newsletter!