Pension Funds Face New Era of Disclosure On Climate Risks

For more than a decade, as part of the Carbon Disclosure Project (CDP), investors have been asking the companies they invest in to disclose their carbon emissions, in theory so that they could get a better idea of the exposure of their investments to climate change risks and reduce that risk accordingly.

Inaction on global warming 'not an option': Angela Merkel

BERLIN: German Chancellor Angela Merkel warned Monday that in the quest for binding international emissions targets to fight global warming, doing nothing is "not an option".

Spending cut showdown threatens Barack Obama's second-term agenda

WASHINGTON: Just hours after across-the-board spending cuts officially took effect, President Barack Obama pressed Congress on Saturday to work with him on a compromise to halt a fiscal crisis that threatens the economy and his broader domestic policy agenda.