Texas has reached a crossroads in the management of water resources. While the state’s population continues to grow and the municipal water demand is increasing, Texas’ surface and groundwater supplies are limited or allocated to other uses. The era of cheap and abundant water is over and new ways to provide this critical resource to Texans must be found.
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...