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Source: Governance & Accountability Institute

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August 14, 2015

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Special Focus: U.S. Environmental Protection Agency’s (EPA’s) Clean Power Plan

The big news while you may have been away on vacation or sunning at the beach:  President Barack Obama has unveiled the final version of the U.S. Environmental Protection Agency’s Clean Power Plan (CPP) rules. The new regulations will  provide the framework for individual U.S. states to meet emissions-reduction goals in their electricity service area.

The new rules are described as the "Clean Power Plan," designed to reduce "carbon pollution" from electric-generation power plants.  States will be able to customize their plans to reach carbon reduction goals. There's a slew of resources for you at the U.S. EPA.

Below are the headlines from Reuters news as the announcement was coming:

Obama's climate plan seeks to slash emissions from power plants
(Monday - August 03, 2015)
Source: Reuters - The White House said it will launch the first ever rule on Monday to cut carbon emissions from power plants, a plan that opponents in the coal industry and their political allies will fight in the courts. In a fact sheet issued...

Obama’s Clean Power Plan Seen Wiping Out High-Cost Coal
(Tuesday - August 04, 2015)
Source: Bloomberg - Coal producers strapped with high costs and debt are headed for extinction under President Barack Obama’s Clean Power Plan.

UN Chief Welcomes Climate Change Plan Unveiled By President Obama
(Tuesday - August 04, 2015) Associated Profiles : United Nations - All Programs
Source: Silicon India - United Nations: UN Secretary-General Ban Ki-moon has welcomed the Clean Power Plan formally unveiled today by President Barack Obama, saying it shows the determination of the United States to address...

Things Every American Should Know About the Clean Power Plan
(Tuesday - August 04, 2015)
Source: US EPA - President Obama will unveil the U.S. Environmental Protection Agency’s (EPA’s) Clean Power Plan—a historic step to cut the carbon pollution driving climate change. Here are six key things every American should know

Three charts explaining Obama's energy regulations
(Tuesday - August 04, 2015)
Source: CNBC - President Barack Obama on Monday debuted sweeping regulations meant to address the growing threat of climate change. The new rules would significantly reduce climate-changing emissions from U.S. power plants and push the nation's...

Coal companies have been scorched under Obama
(Tuesday - August 04, 2015)
Source: CNN Money - Companies have struggled for five years in an environment of strict regulation and low prices, along with a host of poorly-timed mergers. Alpha Natural Resources (ANRZ) filed for bankruptcy on Monday, becoming the latest coal...

U.S. Emissions Rules Give Paris Climate Change Talks a Boost
(Thursday - August 06, 2015)
Source: World Politics Review - On Monday, President Barack Obama unveiled the final version of the Environmental Protection Agency’s Clean Power Plan (CPP) rules. The new regulations, a tweak to initial rules that had been released in June 2014, are meant to...

Top Story of the Week

10 tips for the next sustainability leaders
(Thursday - August 06, 2015)
Source: GreenBiz - Having worked with both M&S and Kingfisher, Richard Gillies could be described as one of the UK's most successful sustainability leaders. Recently short-listed for a 2degrees Award, I had the chance to quiz him about the top 10...

Sustainability in Focus

5 core competencies of sustainability leadership
(Monday - August 03, 2015)
Source: GreenBiz - Anyone in the GreenBiz choir understands that companies today must adopt forward-thinking approaches to secure access to resources and maintain their social license to operate. Company leaders, regardless whether they adorn a...

Ban hails UN Member States' agreement on 'people's agenda' to end poverty, promote sustainability
(Monday - August 03, 2015)
Source: UN - United Nations Secretary-General Ban Ki-moon has praised UN Member States for reaching agreement on the draft outcome document that will constitute the new sustainable development agenda, which will be formally adopted by world...

Future sustainability is key to strong brand value
(Monday - August 03, 2015)
Source: The Hindu - The business of brands is highly competitive and today traditional global brands that straddled the space for years are confronting the emerging digital media, which is asking a lot of questions. The U.K.-based Brand Finance is a...

Standard and Poor’s Rating Downgrades EU Outlook Amidst Sustainability Fears
(Tuesday - August 04, 2015)
Source: Daily FX - The Standard and Poor’s Rating Agency (S&P) downgraded the European Union’s outlook from “Stable” to “Negative” in what could result to a relegated credit rating (which currently stands at AA+). The outlook revision affects the...

Offshore wind farms, hurricanes, and sustainability
(Tuesday - August 04, 2015)
Source: Northeastern University - America’s offshore wind industry is starting to grow. According to The Economist, the Bureau of Ocean Energy Management has issued nine commercial offshore wind leases to companies all along the eastern seaboard, the turbines for...

How Schools Can Reduce Energy Costs and Promote a Sustainable Future
(Tuesday - August 04, 2015)
Source: Huffington Post - In the United States, buildings alone consume 41 percent of our total energy, 65 percent of our electricity, and 5 billion gallons of potable water per day. School buildings are some of the biggest consumers.

A Win for Sustainability: ALA’s resolution is an important start | Editorial
(Tuesday - August 04, 2015)
Source: Library Journal - The American Library Association (ALA) took a crucial step when it passed the Resolution on the Importance of Sustainable Libraries at the association’s annual meeting in San Francisco. Now we as a profession face the complex...

UC Davis aids winemakers in sustainability
(Wednesday - August 05, 2015)
Source: Daily Democrat - Ten large, shiny tanks stand near the Robert Mondavi Institute for Wine and Food Science at UC Davis, holding more than a year of rainwater and the key to processing food and drink during a drought

Internet of Things: The Most Sustainable Business Model Ever?
(Wednesday - August 05, 2015)
Source: Triple Pundit - Is the Internet of Things (IoT) the most sustainable business model ever? Yes. And here’s why: At its core, the Internet of Things is a business model that reduces waste and streamlines processes, promising to deliver greater...

Taking a Stance on Sustainability: Start Internally
(Thursday - August 06, 2015)
Source: Triple Pundit - As COP21 approaches, countries continue to debate policies that foster a sustainable future. Should companies wait to align their climate targets with international goals? Or, should they take a stance now to drastically reduce...

 

ESG Issues & Players

Executive pay is a touchy but misunderstood subject
(Tuesday - August 04, 2015)
Source: ft.com - Executive compensation is closely scrutinized by politicians and public investors. Oracle, the software company, was criticized last year for paying its three top executives more than $35m each.

10 Ways America Is Winning
(Thursday - August 06, 2015)
Source: Time - Pessimism outsells optimism in the media, but missing out on what goes right is a bigger risk than people realize.

Greenpeace: why we're asking Shell staff to face the music over Arctic drilling
(Thursday - August 06, 2015)
Source: The Guardian - On Monday 3 August, Greenpeace began a musical marathon: daily performances outside Shell’s London HQ of a Requiem for Arctic Ice, created to highlight the company’s reckless attempts to drill for oil in the Alaskan Arctic this...

'We woke up in a desert' – the water crisis taking hold across Egypt
(Wednesday - August 05, 2015)
Source: The Guardian - UN says the country will face ‘absolute water scarcity’ by 2025, but for some villages the catastrophe has already arrived – as the Middle East faces severe heatwave. Mada Masr reports...

 

Asset Managers, US Pension Funds,
Sovereign Wealth Funds

Greek stock market tumbles after five-week shutdown
(Monday - August 03, 2015)
Source: Reuters - Greece's stock market plunged nearly 23 percent on Monday when it opened after a five-week shutdown brought on by fears the country was about to be dumped from the euro zone. The main Athens stock index .ATG plunged in its worst...

Dutch Pension Fund Demands Full Fee Disclosure from Private Equity Firms
(Thursday - August 06, 2015) Associated Profiles : PGGM – Asset Managers for Pension Funds
Source: Wall Street Journal - In a document seen by The Wall Street Journal, Dutch fund PGGM sets out for the first time what it deems to be acceptable compensation for money managers. It is worried that the pensions of its...

After a Few Years Afloat, Pension Plans Start Sinking Again
(Wednesday - August 05, 2015) Associated Profiles : California Public Employees’ Retirement System (CalPERS)
Source: Governing - The nation's two largest public pension plans -- the California Public Employees' Retirement System (CalPERS) and the California State Teachers' Retirement System -- reported annual...

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