MidAmerican’s Chairman David Sokol was interviewed by Bloomberg today in Washington. Mr. Sokol has been advocating for the elimination of the concept of trading carbon credits which is a central feature of the “cap and trade” system that is currently being debated in Congress. Read this article for more details and to view the video.
The National Association of Insurance Commissioners voted to require insurance companies to disclose the impact of climate change on their businesses. This action taken on March 17 will compel insurance companies to fully disclose the impact of forecasted climate change along with their actions to manage the risks. Read this article for more details.