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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End? -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (1162)9/18/2006 9:58:11 AM
From: Wharf Rat  Respond to of 1183
 
Institutional investors warned about peak oil and climate change
by Staff

Contributor PSJ writes:

A major report launched today warns institutional investors to pay attention to the dangers of climate change and peak oil. The fourth Carbon Disclosure Project report is the result of a collaboration of 225 institutional investors with combined assets of $31 trillion. In the report, Winston Hickox, Senior Portfolio Manager of Environmental Initiatives at Calpers, one of the world's largest pensions funds, writes, " While climate change risks are rapidly becoming clearer and better understood by institutional investors, the implications of “peak oil,” yet another large-scale economic externality that requires better understanding by investors, is less well known to the institutional investor community."

The following is from the Peak Oil section of the CDP4 Report

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