Ford Motor Company, despite its much-hyped commitment to the environment, has been quietly funding the American Legislative Exchange Council, a group widely criticised for its promotion of climate change denial.
A near century-old statute that gives New York state prosecutors unusually broad authority to prosecute securities fraud could prove a powerful weapon as Attorney General Eric Schneiderman probes Exxon Mobil Corp over whether the oil firm mislead the public and shareholders about the perils of climate change.
Assaad Razzouk –
New York vs. Exxon is a "the emperor has no clothes" moment for the capital markets, which will now have to pay more attention to climate risks, says Sindicatum Sustainable Resources chief executive Assaad Razzouk.
Stefan Rahmstorf –
It is remarkable how little has been done in the past 50 years to address the climate threat posed by carrying on with business as usual, says Potsdam University professor Stefan Rahmstorf.
Lachezar Stamatov –
While the California construction industry was severely impacted by the 2008 financial crisis, there is no doubt that it is now on an upward swing now. But one other major phenomenon is threatening its success: the extreme droughts that have plagued the state for four years now.
Illegal fishing remains a major global problem today, especially among small-scale fisheries that provide food and livelihoods for millions of families. Ocean experts weigh in on how to end the problem.