Houston, TX (October 23, 2008)- Houston-based Dynergy, a major owner of coal burning power plants, has agreed to disclose to investors its financial risks due to climate change, under an agreement with New York Attorney General Andrew Cuomo and former US Vice President Al Gore. The disclosures will include current carbon emissions, projected increases in carbon emissions from planned power plants, company strategies for cutting emissions and expected global warming emissions reductions from suggested actions.
“What is being announced here has incredible importance for the environmental crisis,” Gore said. “Investors have a right to the truth so that they can be freed from unnecessary and avoidable risks.”
New York Times- Dynegy to Warn Investors on Risks of Coal Burning
Reuters- Dynegy to disclose climate change risks