JPMorgan 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."

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.

((Comments on this story may be sent to newsdesk@scitech21.com))

((Distributed via M2 Communications Ltd - http://www.m2.com))

COPYRIGHT 2007 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Content provided in partnership with Thompson Gale