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Industry: Email Alert RSS FeedJPMorgan Makes Climate Change Research Available to Public
Energy Resource, May 14, 2007
ENERGY RESOURCE-14 May 2007-JPMorgan Makes Climate Change Research Available to Public(C)2007 JeraOne - http://www.jeraone.com
JPMorgan is offering its recent analysis on climate change and the financial markets to the public on its web site, saying that the move "underscores the firm's commitment to the issue."
"This is about taking a leadership role on a very significant global issue," said Nick O'Donohoe, global head of research. "The analysis we have produced, and will continue to produce, in this area can be helpful to not only clients but academics, researchers, and governments as we address the growing concern of climate change."
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The research focuses on economic, legislative and business developments as they relate to current and proposed carbon operating constraints. The research covers markets including coal, biofuels and ethanol.
In addition to reducing its own carbon emissions, JPMorgan said it has raised $1.5 billion of equity for the wind power market in 2006 and has its own portfolio of investments in renewable energy totaling $1 billion. The firm is also the lead sponsor for this week's C40 Large Cities Climate Summit in New York to further engage business and political leaders on climate change.
Download the report at jpmorgan.com/climatechange.
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