SEC Climate Risk Is Real

Posted by: Daniel Stouffer  /  Category: Climate Change

The recent SEC climate risk disclosure requirement has fueled many a debate at the corporate level and among pundits alike. Some argue that the finding has no real impact, as the key words “interpretive guidance” figure prominently within its body. Senior executives are not so sure as they pay more attention to the other, maybe more significant keyword — “materiality.”

The Securities and Exchange Commission pointed out quite rightly that it was not up to that body to deliberate on climate change issues. They reasoned that the SEC climate risk disclosure finding was initiated so that corporate executives could focus on their company’s position in the debate and reveal whatever information they had to a discerning public. Climate change is so important in the real world today, that companies must address any potential implications.

There’s little doubt that the SEC has great impact in the world of finance, even though debate has arisen on either side of the fence. Public confidence would be badly shaken without the existence of the SEC and with less oversight, confidence in the stock exchange would undoubtedly be impacted.

Climate risk must be considered by company chiefs as they prepare their annual filings for submission to the SEC. The notes and information included within these reports is of particular interest to investors. The rule of law may not be altered by the SEC climate risk disclosure, but big business interests should be the fully aware of potential implications.

We know that the issue of climate change can be very polarizing and there are strong emotions on every site. Many people point to big business and expect change from these directions. According to the SEC, climate risk must be an integral consideration and big business interests must be fully aware of the repercussions.

If a company does not disclose material elements that could significantly impact its organizations, whether interpretive guidance has been issued or not, they could be seen to be out of compliance with federal positions. While this could be a grey area, public opinion is more polarized and companies suspected of being slow to reveal could face damage in the marketplace.

Management discussion and analysis is an important part of the quarterly and annual reports fielded by publicly traded companies. These reports often provide the information necessary for investors to make a decision and as such, the reports must be well presented in order for the company to ensure that its lifeblood funding continues.

We are certain to see pressure groups and investor watchdogs casting a careful eye over the next batch of reports from public companies. SEC climate risk findings will be the subject of much analysis.

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Auto Shipping: Save the Environment First, Money Second

Posted by: Tom Kearns  /  Category: Environment

Though, actually, contributing to the reduction of the industries which contribute to global environmental collapse in many cases means less expense on the services these industries provide. It is one thing to be a Hi-Tech theoretician and be excited about the possibilities of emerging technologies like super crystals or nano-microchips. It is another thing entirely to be an insatiable consumer who understands next to nothing about the technologies, but who eagerly acquires all and any of them, as long as they are the latest word in fashionable hardware. All those people who buy the latest generations of cell phones so that they can listen to music without ear phones while walking in a noisy street or riding a noisy bus are about as interested in technology as they are interested in music.

Car owners tend to follow the same pattern. To many of them, a car is a luxury item, while to others it a symbol of status, an achievement to display. There are approximately 25% of car owners worldwide who own their vehicle not out of necessity, but because “everybody has one.” Some own cars even though it is not sensible or convenient to do so. Yet these same people will do anything, even work multiple jobs so they can show that they own a car, whether used or new, or Kia Rio or Mercedes XL. Why? So they can drive around the corner (instead of walk) to the hottest club.

This phenomenon can also be applied to auto related services, like auto shipping. This is an industry that began by satisfying a genuine need. They are constantly working to enhance their services, and with this, their marketing strategies. They soon became much more than a sensible service providing industry, and are now something of a status symbol. When this symbol becomes standardized sufficiently, not just the major names in the industry, but even the small fry benefit from rampant consumerism.

Despite certain measures to reduce the effect of heavy goods vehicles on the environment, heavy carriers increase in number as shipping industries grow in potential and popularity. Technologies are being invented to improve auto shipping, but the technology has not yet been invented which could undo the damage a single ro-ro ferry does to the sea and air in the course of a single job.

You might think that an individual need not worry about global environmental matters. But the truth is to the contrary. Unchecked consumerism detracts from the side effects on the periphery of auto shipping by sea and air. Little thought is given to invasive species introduced by these mega-carriers that cost the United States alone many billions of dollars annually. Cholera and its many strains, bacteria, toxic algae, and hungry and destructive pests like Zebra Mussels are spread by ballast water. One load of this water from a cargo ship can circulate in a few years a sufficient number of vermin as to be fatal for fisheries, agriculture, tourism and recreational industries.

Successful marketing is just as much responsible for the bright future of the shipping industry as the need for its services. Because business is currently good for the industry, governments are sure to impose technical and performance restrictions, surcharges for roads, vehicle models, and related services.

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How To Start Saving Money On Energy With A Home Solar Panel

Posted by: Ryan Narendra  /  Category: Alternative Energy

One of the most eco-friendly ways of cutting away at electricity bills is to generate your own electricity at home. A home solar panel won’t eliminate the need to have electricity delivered by the power company, but it doesn’t require much (if any) upkeep and won’t take too many years to earn back the cost of purchase. Solar panel technology is becoming increasingly efficient and decreasingly expensive.

Several decades ago, the solar technology industry was in full swing, with a government subsidies and tax breaks insuring that panels and kits would be affordable. However, the government assistance was ended by a new administration in the 1980′s and the solar industry really hasn’t taken off again until recently.

Now that global warming has become a consistent, insistent presence in everyday discourse, the new tax credits and subsidies should last much longer. They might even become permanently implemented. What this means for the potential purchaser of solar panels is a reduced initial investment.

For most of these customers, their primary interest in buying solar panels is to generate electricity (rather than simply heat water), which means that the type of technology to look for is called “photovoltaic” (or PV) solar cells. These are available in prebuilt panels or do it yourself kits. The latter is significantly cheaper, but the former will probably be more of the cutting edge stuff and will be the most efficient.

Even though PV solar cells have been getting more and more efficient, the average setup works at about twelve percent efficiency, while some of the top systems cap out at about seventeen percent. Keep in mind that because of these efficiencies, a solar electricity system is going to take a number of years to earn back its initial cost, even though you’ll save money on the electricity bill right away.

For those homeowners who care about the environment, another important feature is that installing a home PV panel will immediately reducing the amount of carbon output your home is responsible for. These systems don’t take long at all to earn back the energy and carbon used to manufacture and ship them. With a photovoltaic system, your house can be greener right now.

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