BOSTON - Affirming the financial risks that climate change and other environmental concerns pose to leading energy companies, investors have announced the filing of 66 climate and energy related shareholder resolutions with 41 coal, electric power and oil companies in the 2011 proxy season, making 2011 a record for shareholder engagement in the energy sector, even in the face of Congressional inaction on climate change.
The surge in resolutions represents a 50 percent increase over the 44 resolutions filed with 31 coal, oil and electric power companies last year. Click to read more
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