Monday October 09, 2006

Global warming tipping point alert: DuPont and Allianz

peakoil.com -> gristmill.grist.org :

DuPont will announce a series of ambitious sustainability initiatives, relating not only to its own operations but to its business strategy. That means directing big-time R&D and marketing money toward developing and selling sustainable products. The details haven't been leaked yet, but I'm hearing it's big - big enough to rival or exceed GE's much-ballyhooed Ecomagination program.

The second report comes from U.S. insurance giant Allianz, which partnered with the WWF to look into the effects of global warming on risk, and thus on the insurance industry, in the U.S. The report will strongly argue that more needs to be done to prepare, and will include some initial commitments from Allianz. It's time U.S. insurers joined the conversation. Insurance is not the sexiest industry in the world, but it touches almost every other industry and its financial clout is enormous.

See also :

1. Institutional investors warned about peak oil and climate change
2. Bush 'prepares emissions U-turn'
3. Cloudy with a chance of chaos

(2006-10-09 12:12:04 SGT) [Env] Permalink

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