A Victory for Global Warming Alarmism

New York’s uber-liberal attorney general, Andrew Cuomo, has strong-armed Xcel Energy into fanning the flames of global warming alarmism, the New York Times reports. Cuomo, who was Secretary of Housing and Urban Development under President Bill Clinton, pressed Xcel to disclose to investors detailed information regarding the risks that global warming supposedly poses to its business.

This new corporate disclosure requirement will help green groups blackmail energy companies into cutting the greenhouse gas emissions that supposedly contribute to global warming. “This really takes it another step, by making it a settlement agreement that should have an impact across the industry,” said Dan Bakal, director of electric power programs at Ceres.

According to its website, “Ceres (pronounced ‘series’) is a national network of investors, environmental organizations and other public interest groups working with companies and investors to address sustainability challenges such as global climate change.” Ceres promotes the fraudulent concept of economic “sustainability.”