Study: Companies that Disclose “Green” Efforts see a Spike in Stock Prices

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" Going “green” helps company stock. According to a joint UC Davis and UC Berkeley study released on January 29, companies that disclose “green” efforts see a spike in stock prices. The report, written by Paul Griffin of UCD and Yuan Sun of UCB, studied 172 companies that made voluntary disclosures of carbon-emission information between 2000 and 2010. In the five days surrounding these announcements, companies saw an average of nearly half a percent increase in stock prices. For small companies, “green” announcements had an even greater positive effect on stock prices. "

from: http://www.newsreview.com/sacramento/green-growth/content?oid=5639056

To read the abstract, visit: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1995132

To read the full report, visit: http://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1995132_code252316.pdf?abstractid=1995132&mirid=5

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Sacramento Dave
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The other way we're subsidizing Walmart...

Most of us know how taxpayers subsidize Walmart's low wages with billions of dollars in Medicaid, food stamps, and other financial assistance for workers. But, did you know that we're also subsidizing the retail giant by paying the cost of their environmental destruction.

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