Market Forces: Climate Change and Limit Emissions

market forces: Does the company accept the science of climate change; does it have a strategy to limit emissions; does it have clear milestones to judge its performance, according to Nine News Australia. AGL Energy was the only of the 25 to positively address all three areas, Market Forces said in a report released Thursday. Environmental campaign group Market Forces judged the companies against three Oxford University principles for investing in fossil fuels. While the finding is not a vindication of AGL business, it does suggest investors are justified in sticking with it. Mining companies BHP Billiton, Rio Tinto and South32 partially addressed the three principles, and to varying degrees. Investors should continue to push AGL to reduce its emissions as quickly as possible, particularly given its position as Australia largest corporate emitter of greenhouse gases, Market Forces said. (news.financializer.com). As reported in the news.