Article
Investors File 54 Global Warming-Related Shareholder Resolutions
U.S. investors have filed 54 global warming shareholder resolutions with U.S. companies, nearly doubling the number filed two years ago.Companies targeted in the 2008 proxy season include Dynegy..., Massey Energy..., ExxonMobil and ConocoPhillips..., U.S. Airways...and Standard Pacific... Fourteen of the 54 resolutions were withdrawn by investors after the companies agreed to disclose potential impacts from emerging climate regulations and strategies for reducing greenhouse gas emissions... [The] withdrawals involved...Allegheny Energy, Alliant Energy, Dominion Resources...Southern [Company]...Continental, El Paso, Harley Davidson, KB Home , Lowes, Ryder, Big Lots, Parkway Properties and Kirby Corp. [also refers to positive actions by following companies after resolutions were filed in 2007: ConocoPhillips, Wells Fargo, Hartford Insurance (part of Hartford Financial Services)]