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September 22, 2015
Investors Call for Support of EPA Methane Regulations
by Robert Kropp
A coalition of investors organized by the Interfaith Center on Corporate Responsibility writes to
32 energy companies, requesting that they support new regulations on methane emissions.
Even before the Environmental Protection Agency (EPA) issued proposed regulatory standards for methane emissions from the oil and
gas sector, sustainable investors coordinated by Ceres and Trillium Asset Management issued a statement in support of
the Obama administration's action.
“Consistent with our fiduciary duties, we are concerned
that methane emissions pose a serious threat to climate stability, accelerating the rate of warming
in the near term and threatening infrastructure and economic harm that will weaken not only the
companies we invest in, but the nation as a whole,” the coalition of investors representing $1.5
trillion in assets under management stated.
“Company-by-company engagement cannot fully
address the issue,” the statement continued. “What is truly needed is a strong federal standard on
methane that will level the playing field for all companies.”
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