Praise for Gov. Wolf’s Action to Combat Climate Crisis

first_img SHARE Email Facebook Twitter October 07, 2019 Environment,  Press Release Harrisburg, PA – Advocacy groups, leaders and neighboring states praised Governor Tom Wolf for signing an executive order Thursday that begins the steps necessary for Pennsylvania to join the Regional Greenhouse Gas Initiative, a regional cap-and-trade program that limits carbon dioxide emissions.“Pennsylvania innovation powered the industrial revolution, and now we will be a leader in powering a cleaner Earth,” said Gov. Wolf. “I’m proud to be joining our neighbors in reducing carbon dioxide emissions in our region while continuing to build a robust energy sector.”Groups and individuals that have praised Gov. Wolf’s executive order include:New Jersey Governor Phil Murphy“Thrilled to welcome @PennsylvaniaGov to RGGI! In the face of federal inaction, it’s more important than ever for states to tackle climate change and build clean energy economies together. Thank you, @GovernorTomWolf, for joining this fight for a more sustainable future.”New York Governor Andrew Cuomo“We are in a race to save the planet. It’s great to have @governortomwolf and our PA neighbors join us in one of the most effective efforts to transition to the clean energy economy.”Entrepreneur, Philanthropist, and Former New York City Mayor Michael Bloomberg“Great to see @GovernorTomWolf and PA take a major step on climate pollution. While the Trump Administration tries to drag us backwards, states and cities are pressing ahead.”National Wildlife Federation President Collin O’Mara“Incredible climate leadership displayed by @GovernorTomWolf directing @PennsylvaniaDEP to join the Regional Greenhouse Gas Initiative! This is a common-sense, economically-sound approach that will both reduce carbon pollution & create well-paying jobs.”Sierra Club“Big news out of Pennsylvania this morning! We applaud @GovernorTomWolf for signing an executive order that will kick-start the process of Pennsylvania joining the Regional Greenhouse Gas Initiative.”Penn Future“PennFuture was proud to stand with Gov. Wolf as he signed an executive order to bring Pennsylvania into the Regional Greenhouse Gas Initiative.”Senate Minority Leader Jay Costa“Today’s executive order is a strong display of leadership from the Governor on one of the most serious issues facing Pennsylvania, this nation, and the world. Leadership from the federal government is not coming on climate change, and we can’t afford to wait.“I introduced Senate Bill 15 as a legislative option for Pennsylvania to join RGGI, and I’ll continue to push for that. I stand with Governor Wolf and all champions for clean air as we work together to find creative, forward-thinking solutions for Pennsylvania.”Sen. John Yudichak“I applaud Governor Wolf for initiating the important conversation about Pennsylvania’s entry into RGGI which will put Pennsylvania at the forefront of addressing climate change. Climate change is a real, priority level one threat to our environment that deserves the full attention of the legislature that this executive action will require. As DEP begins their outreach, it will be vitally important for them to have an open dialogue with the legislature and I look forward to participating in discussions to effectively and swiftly deal with climate change.”Philadelphia Mayor Jim Kenney“Our state will be a leader in addressing this climate emergency—one of the most critical issues in the world today.“Thank you to @GovernorTomWolf for taking this bold and necessary step.”Pittsburgh Mayor William Peduto“By creating a market-based approach for investment in building energy efficiency, locally-sourced clean and renewable power generation and emissions reduction, Governor Wolf is helping to further innovation, create green jobs and respond strongly to the challenge of climate change.“Locally, Pennsylvania’s inclusion in RGGI will provide Pittsburgh a great resource to help advance the City’s 2030 climate targets of 50 percent emissions reduction and 100 percent renewable energy.”Clean Air Council Executive Director and Chief Counsel Joseph Otis Minott Esq.“Clean Air Council strongly supports Governor Wolf’s Executive Order on RGGI announced this morning, and we thank him for showing leadership on this critical issue. The administration has considerable and flexible legal authority under the Air Pollution Control Act to take this step, and we applaud the governor for doing so. Climate change is an existential threat to us all, and we are already seeing the devastating impacts play out across Pennsylvania each and every day. With one of the dirtiest electric power sectors in the country, Pennsylvania starting down the path of joining RGGI represents real progress in our efforts to achieve Governor Wolf’s emissions reduction goals.“Our power sector is responsible for over one-third of Pennsylvania’s net greenhouse gas emissions and, for deep decarbonization efforts to work, the electric sector is absolutely key to the process. We have also seen other RGGI states make critical investments in solar, wind, and energy efficiency, while achieving broad-based benefits for their residents. We look forward to working with the Wolf administration and all stakeholders as this important rulemaking process moves ahead, achieving similar successes that benefit all Pennsylvanians, especially low-income ratepayers.”Natural Resources Defense Council“Great news out of PA! Turning away from its fossil fuel past, the Keystone State is preparing to join the Regional Greenhouse Gas Initiative—a significant win for our climate and public health.”Nuclear Powers Pennsylvania Member and Senior Vice President of Framatome Inc. Tony Robinson“Members of our statewide coalition thank Gov. Wolf for his leadership on this critical issue. Pennsylvania is the fourth-largest producer of carbon dioxide emissions in the nation, so joining RGGI is a logical and commendable step for Pennsylvania. We further believe this has great potential to properly value the carbon-free benefits of nuclear energy in the Commonwealth and could perhaps be part of the solution that would prevent the premature closure of the Beaver Valley Power Station now scheduled for 2021.”Keystone Energy Efficiency Alliance (KEEA) Executive Director Matt Elliott“KEEA applauds Governor Wolf for taking this bold step for Pennsylvania’s energy future. As a trade association representing nearly 70 companies engaged in the energy efficiency industry, KEEA member businesses stand ready to help meet the goals of the climate policy by helping Pennsylvania businesses and households save on their energy bills with more efficient appliances, buildings, lighting, and more.“By not participating in RGGI, Pennsylvania has been leaving money on the table and forgoing economic development opportunities for years. But we have to get this right: investing RGGI revenue back into energy efficiency programs for businesses and residents is the only way to save consumers money and grow the economy while maximizing reductions to carbon pollution. We look forward to working with Governor Wolf and the Legislature to seize this opportunity and make an historic investment into energy efficiency in Pennsylvania.”Clean Power PA Coalition“Today’s announcement is one we had been hoping was the next step in Governor Wolf’s plan to make Pennsylvania a leader on climate solutions, following an Executive Order setting carbon emissions reduction goals for the first time as well as a commitment to participation in the U.S. Climate Alliance. We look forward to working with Governor Wolf to ensure the success of RGGI in Pennsylvania and a brighter future for all its residents.”Pennsylvania Environmental Council“Governor Wolf’s proposal to bring Pennsylvania into the Regional Greenhouse Initiative (RGGI), announced today, is the first concrete and meaningful step that the Commonwealth has taken to directly address its role in exacerbating climate change. For that, the Governor is to be congratulated.”PennEnvironment Research & Policy Center Executive Director David Masur“We applaud Gov. Wolf for this important act. RGGI is a valuable program that offers key mechanisms for reducing pollution and fighting climate change. Joining our neighboring states to the north, east and south in this alliance can create a healthier, more vibrant region with clean air that transcends borders.“After the climate strikes and U.N. Climate Summit in recent weeks, many Pennsylvanians wondered what could be done right here in our state. Gov. Wolf is providing a bold answer. Given a choice between living in the past with dirty fuels or being on the right side of history, Pennsylvania’s leaders are showing they’re ready to do what’s right and protect our communities and future generations across the state.”Environment America Research & Policy Center Senior Director for Global Warming Solutions Campaign Andrea McGimsey“The expected announcement by Gov. Wolf marks a key milestone for Pennsylvania. RGGI has proven to be a crucial tool in reducing pollution from fossil fuel power plants, and it is a critical and significant response to global warming.“Climate change is the defining issue of our time, and we need to fight it with every tool at our disposal. The expansion of RGGI is a big step forward, but we can’t stop there. We call on Pennsylvania’s leaders to build on this momentum and take the next logical steps, including a stronger commitment to renewable energy and climate-friendly transportation. With those efforts, the commonwealth can solidify its position as a national leader on this vital issue.”Conservation Voters of PA Executive Director Josh McNeil“For centuries, Pennsylvania has been among the world’s worst carbon polluters, but today Governor Wolf took a vital step towards a better future. Joining the Regional Greenhouse Gas Initiative will make our Commonwealth cleaner and more prosperous, while offering hope to our kids and grandkids. There is still tremendous work to do to implement this plan and miles to go to stave off climate change, but when future generations look back and judge our actions, today will be a day we can all be proud of.”Ceres Senior Manager of State Policy Alli Gold Roberts“While joining RGGI is an important first step, we know that it is not enough to mitigate the impacts of climate change and transition to a thriving clean energy economy. We urge state lawmakers to expand complementary policies that ensure clean energy investments happen in Pennsylvania and provide a just transition for communities and industries. With forward-thinking policies in place, the Commonwealth will be well positioned to capture the economic benefits of the clean energy and clean transportation future. Ceres looks forward to working with state leaders on both sides of the aisle to implement RGGI while growing local jobs and investments in clean energy, in a way that works for Pennsylvania’s residents and businesses alike.”New York State Department of Environmental Conservation Commissioner Basil Seggos“Congratulations to Pennsylvania @GovernorTomWolf for joining the Regional Greenhouse Gas Initiative. #RGGI has been a powerful tool to reduce greenhouse gas emissions; now stronger with PA’s involvment. Kudos @PennsylvaniaDEP. @NYGovCuomo @NYSDEC @NYSERDA @abartontweets”New York State Energy Research and Development Authority“Welcome @GovernorTomWolf and @PennsylvaniaDEP to the Regional Greenhouse Gas Initiative (RGGI). We look forward to working together in lowering greenhouse gas emissions and fighting climate change.”Environmental Defense Fund President Fred Krupp“Decisive, concrete action from @GovernorTomWolf. Excellent. Development of regs will lead to tangible reductions in Pennsylvania’s climate pollution. We need less rhetoric, more action like this.”Professor and Director of the Penn State Penn State Earth System Science Center Michael E. Mann“Kudos to @GovernorTomWolf for signing an executive order this morning instructing the Pennsylvania DEP to join the Regional Greenhouse Gas Initiative (RGGI)!”Evangelical Environmental Network President the Rev. Mitch Hescox“We are grateful for Governor Wolf’s leadership and hope the General Assembly will join him in support of RGGI. With the General Assembly working with the Governor, the estimated $350 million in RGGI receipts could be used to support Pennsylvania’s nuclear fleet, energy efficiency, and to help clean up Pennsylvania’s dirty air to benefit our children’s health and improve their quality of life. RGGI is a market-based plan that all conservatives should embrace for a thriving, clean, and healthy future that includes the protection of low-income families.”To see the steps being taken, view the full Executive Order.center_img Praise for Gov. Wolf’s Action to Combat Climate Crisislast_img read more

ESG roundup: UBS AM launches own climate-aware strategy line

first_imgSuni Harford, president of UBS AM, said: “The degree to which investors are embracing ESG as a fundamental investment driver, particularly around the issue of climate risk, is stark. As demand continues to grow and sustainable assets amass more capital, we will see the investment landscapes transform even further.”He added that this is a trend which “we believe is here to stay and investors in today’s markets must understand the effect that climate is having on their portfolio”.Barry Gill, head of investments, said the firm’s Climate Aware approach “sits at the heart of our sustainable investment proposition and is underpinned by our active stewardship program”. He added that this new appraoch “sends a clear message”  to the companies UBS AM invests in, giving the firm the opportunity to engage with such companies to help them achieve a lower-carbon target.University of Oxford and Lombard Odier launch strategic partnership on Sustainable InvestmentThe University of Oxford and Lombard Odier have set up a new multi-year partnership to foster research and teaching on sustainable finance and investment.The collaboration between the two entities will provide a unique platform for knowledge exchange between scholarship and financial services and support sustainable finance in becoming a major field of academic research globally.It will also harness the “vast potential of the financial sector to drive environmental, social and economic transformation”, they said.The five-year partnership will allow for both to create the first endowed senior academic post in sustainable finance at any major global research university. Oxford University will establish a programme for the ongoing training of Lombard Odier investment professionalsAs part of the partnership, Ben Caldecott – an expert in sustainable finance and investment who is the founding director of the Oxford Sustainable Finance Programme and the COP26 Strategy Advisor for Finance at the UK Cabinet Office – will become the Lombard Odier associate professor and senior research fellow of sustainable finance at the University of Oxford, based at the Smith School of Enterprise and the Environment within the School of Geography and the Environment.Lombard Odier will work with Oxford University’s scholars to integrate the University’s pioneering work into the firm’s own proprietary research and investment solutions.In addition, the university will establish a programme for the ongoing training of Lombard Odier investment professionals, while Oxford scholars will benefit from accessing the asset manager’s research and product innovation.The two partners will also host a joint annual research forum, open to the wider academic and practitioner community.Caldecott said: “Sustainable finance is a structural change in both the demand and provision of financial products and services. It is also mission critical for tackling the massive environmental and social challenges facing humanity.”He added, however, that for sustainable finance to be itself sustainable “it needs greater academic rigour, as well as pedagogy to scale the adoption of best practice.”FRC calls for participants in new reporting lab projectThe Financial Reporting Council’s (FRC) Financial Reporting Lab is inviting investors and companies to participate in a new project on corporate disclosures on risks, uncertainties and scenarios.Investors and other stakeholders are increasingly looking for information from companies about how they will evolve, adapt and respond to changes in the external business environment, FRC said.It noted that the risks and uncertainties that could impact a company’s business model, strategy and viability will vary over the short, medium and longer term. Given the significant reassessment many companies are making to their longer-term business model and strategy, risk, uncertainty and scenario reporting is likely to become even more important, it added. FRC said that how companies consider and report on business model, strategy, the reporting of risk, uncertainties and scenarios, viability and resilience, and the drivers of value is, necessarily, interconnected.FRC expects to address these topics in due course as part of its previously announced Horizons project, but given the current level of uncertainty in the business environment, this project will focus on the reporting of risks, uncertainties and scenarios and consider what users want from these disclosures. The scope of the project will likely explore whether and how companies’ risk identification, risk management and scenario planning processes are evolving and how this is impacting reporting and disclosure.It will also try to determine whether the time horizons utilised in scenario planning have changed and will consider how companies communicate uncertainty in their disclosures.FRC also said the project will likely discuss which areas of reporting are most challenging for companies and will explore examples of risks and related disclosures where investor focus has been heightened by the current pandemic – for example, supply chain risk, existential risk/viability of business model.The Lab expects to publish a range of outputs across 2021.Truvalue Labs and Solactive Launch a New Generation of AI-Powered ESG IndexesTruvalue Labs, an artificial intelligence-driven environmental, social, and governance (ESG) data firm, along with Solactive, the German index engineering firm, have launched the Solactive Truvalue ESG Index Series.These indexes are designed to provide investors with diversified exposure to global large- and mid-cap equities with strong ESG characteristics.As assets in passive ESG funds doubled to $250bn (€209bn) in the past three years, investors are demanding better quality information, Truvalue Labs stated.The firm claims it sources and analyses information differently than traditional ESG research firms do, using natural language processing and machine learning. Its insight scores are derived from real-time ESG information that is not dependent on company disclosures.Using the Sustainability Accounting Standards Board (SASB) materiality framework, Truvalue Labs’ approach is “transforming investors’ expectations about ESG research, offering a timely, transparent and salient stakeholder perspective on sustainability issues”, it said.The Solactive Truvalue ESG United States Index is the first benchmark in the series to apply Truvalue Labs’ volume and insight scores for component selection while avoiding exposure to fossil fuels, utilities and tobacco companies.As of 26 August, index performance from February 2008 shows annualized returns of 12.43% compared with 10.38% for the Solactive GBS United States Large & Mid Cap Index, the parent index.“We actively seek partners with diverse and creative approaches to develop differentiated indices of the highest quality,” said Steffen Scheuble, CEO of Solactive.To read the digital edition of IPE’s latest magazine click here. UBS Asset Management has today announced the launch of a new suite of strategies based on its innovative Climate Aware framework, whcih will enable the firm to support more clients in aligning their investment and environmental goals.The asset manager developed its Climate Aware framework as part of its Climate Aware passive equity strategy launched in 2017. The launch of the broader suite of investment strategies today includes active and passive equity and fixed income, which are the building blocks of most portfolios, it said.This represents the first time UBS AM has launched a cross-asset class suite of products, the firm added.The framework is based on portfolio mitigation by lowering investment exposure to carbon risks; portfolio adaptation through increasing investment exposure to climate-related innovation and solutions; and portfolio transition aligning to a chosen climate glidepath.last_img read more

Lambert J. Doll

first_imgLambert J. Doll, age 39 of Carmel, Indiana, died Friday, March 18, 2016 at St. Vincent’s Hospital in Indianapolis. Born November 14, 1976 in Batesville, he is the son of Terry (Nee: Brockman) and Mike Doll. A salesman for Butler Toyota, he enjoyed what he did which made him successful and consistently one of the dealerships’ top salesman.Away from work, his interests leaned heavily towards sports, although his family teased, that he, himself, wasn’t into strenuous activities. As a Bengals fan, he despised the hated Steeler’s. He also followed the Reds and Purdue. His family indicated he enjoyed playing poker and Yahtzee and apparently liked venison, lobster and Wagner’s fried chicken, but wasn’t a fan of vegetables, especially mashed potatoes. He dearly loved spending time with his three nieces.He is survived by his mother Terry Doll of Batesville; sisters Michelle Huber of Batesville, Rachel Doll of Muncie, Indiana; nieces Alexis, Kaitlyn and Lily; maternal grandmother Rita Brockman of Oldenburg and paternal grandfather Floyd Doll of Morris. In addition to his father Mike, he is also preceded in death by maternal grandfather Lawrence Brockman and paternal grandmother Alberta Doll.Visitation is Tuesday, March 22nd, from 4 – 7 p.m. at the Weigel Funeral Home. Funeral services are 10 a.m. Wednesday, March 23rd, at Holy Family Church in Oldenburg with Rev. David Kobak O.F.M. officiating. Burial will be in the church cemetery. The family requests memorials to Gibault School or the Holy Family Capital Improvement Fund.last_img read more