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December 09, 2010
Unproven Fuel Extraction Technologies Pose Risks for Investors
A report from Ceres details the risks to investors of the unproven extraction technologies of oil shale and coal-to-liquid.
In a 2010 proxy season that was notable for unprecedented shareowner support of proposals
addressing environmental, social, and corporate governance (ESG) factors, first-time resolutions
targeting the development of unconventional fuel sources were especially effective. Resolutions
coordinated by Green Century Capital
Management targeting such issues as hydraulic fracturing and oil sands development, for
instance, received as much as 42% of shareowner votes.
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