Page 12 - Mark Kramer News Today

The search for value among the numbers Sep 04, 2012 We will continue to consume and trade as the climate changes. But in a world where production and supply chains come under increasing strain, how far down the path is it right to exploit profit-making opportunities posed by extreme weather? And, if profit is not enough, what measure of value should we use as an alternative?     So, the searing drought afflicting two thirds of the US is good for business. Or, at least, good for commoditie...

Companies Have Promised $35 Billion Toward Racial Equity. Where Is the Money Going? Lauren Weber, Wall Street Journal, December 21, 2020 U.S. companies pledged tens of billions of dollars toward racial-equity efforts in 2020. A challenge for 2021 and beyond: tracking where the dollars go and what changes the pledges will bring. Big businesses made commitments of a cumulative $35 billion in the past six months, according to a review of announcements by The Wall Street Journal, in response to a n...

Last week, the New York State Senate voted to divest fossil fuel investments from its $266 billion pension portfolio. Co-sponsor Liz Kueger offered this rationale: “Fiduciary and moral responsibility require the process of divestment to begin now. The writing on the wall could not be clearer: fossil fuel producers are a bad long-term investment.” The Fossil Free movement is deservedly celebrating this major accomplishment. The day after I read this news about New York State’s divestment, ...