On social license to operate: Blackrock $6 tn investment manager says “Society is demanding that companies, both public and private, serve a social purpose. To prosper over time, every company must not only deliver financial performance, but also show how it makes a positive contribution to society. Companies must benefit all of their stakeholders, including shareholders, employees, customers, and the communities in which they operate.”

By Steve Hanley on Clean Technica, Jan 2018 Laurence D. Fink may not be a household name, but he is a very influential person. When Mr. Fink speaks, others listen. Why? Because as the founder and CEO of BlackRock, he controls more than $6 trillion in assets. That’s the kind of clout that gets a person noticed. On January 16, …

Steve Berman: best known, though, for suing big tobacco in the 1990, now going after the Oil Majors for climate impacts on cities

Vice, Dec 2017 When you want to sue the largest, most powerful companies on the planet, Steve Berman is the guy you call. He forced Jack-in-the-Box to pay $12 million for causing an E. coli outbreak that killed four children. He won a $215 million settlement against Enron for defrauding investors and wiping out employee retirement accounts. He represented auto dealers in a $1.6 billion lawsuit against Volkswagen …

Case against energy company for causing melting proceeds: “Even people who act according to the law must be held responsible for damage they cause to property,” the judges said.

German court to hear Peruvian farmer’s climate case against RWE: Decision to hear Saul Luciano Lliuya’s case against the energy giant is a ‘historic breakthrough with global relevance’, campaigners say  Saul Luciano Lliuya, a farmer from Peru, at the UN climate talks in Bonn earlier this month. Photograph: Anthony Kwan/Getty Images Agence France-Presse Thursday 30 November 2017 10.04 EST A German court …

In the Growing Wave of Climate Litigation, Could the Automobile Industry Be Next?

October 19, 2017 by Martin Olszynski, The Energy Collective  The oil industry is increasingly the focus of climate change litigation, writes Martin Olszynski, Assistant Professor at the Faculty of Law of the University of Calgary. Carmakers have so far not been targeted, but Olszynski thinks that could change – especially if they continue to urge lawmakers to relax environmental standards and promote …

How China has reduced the carbon footprint of developed countries

Dr Glen Peters, Robbie Andrew, and Dr Jan Ivar Korsbakkenare senior researchers at the CICERO Center for International Climate Research in Norway. in Carbon Brief, Pan, C. et al. (2017) Emissions embodied in global trade have plateaued due to structural changes in China, Earth’s Future, doi:10.1002/2017EF000625  We tend to remember the way things were, not the way things are. In the 2000s, production-based CO2 emissions in developed …

Coastal property at risk with current climate policies

DOWNTOWN HOUSTON FLOODING FROM SUPERSTORM HARVEY, AUGUST 28, 2017. CREDIT: AP/JASON DEAREN   The massive climate report released by the Trump administration on Friday makes clear that the President’s climate policies will destroy every last bit of U.S. (and global) coastal property in the decades to come. That means more than $1 trillion in U.S. coastal property will eventually be …