In the U.S. and around the world, electricity restructuring is converting regulated monopolies into market regimes. However, one important issue is whether electricity markets can-without government intervention-provide adequate generation to reliably power society's needs.
Business Roundtable Does a 180 on Stakeholder Capitalism in ExxonMobil Lawsuit
On Wednesday, ExxonMobil, the largest energy company in the U.S., will face yet another challenge to its leadership. The California Public Employees Retirement System (CalPERS), the largest state public pension fund in the U.S., is leading a group of pension funds to vote against all of Exxon’s directors. Glass Lewis, one of the largest proxy advisory firms...