** Investors warn companies against using environmental rollbacks for profit
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Thursday, January 30, 2020
Arctic National Wildlife Refuge, U.S. Fish and Wildlife Service ([link removed])
Yesterday, a group of investors publicly warned companies not to take advantage of the Trump administration's environmental rollbacks. The investors, who represent $113 billion in assets, specifically targeted mining, energy, and timber companies, stated ([link removed]) that there is "significant risk of public backlash and stranded assets, should these actions be legally challenged or protections be restored by the courts or by future administrations." High profile areas where protections were diminished under the Trump administration include the Arctic National Wildlife Refuge, Bears Ears National Monument, and Grand Staircase-Escalante National Monument.
This warning follows other recent announcements on climate action by major financial institutions. BlackRock Inc. intends to shift away ([link removed]) from fossil fuels and Goldman Sachs agreed to stop funding ([link removed]) drilling in the Arctic.
Quick hits
** BLM to begin removing employees that reject relocation
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E&E News ([link removed])
** Investors urge companies not to take advantage of rollbacks
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Reuters ([link removed]) | E&E News ([link removed])
** New Mexico court rules energy law applies to power plant case
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Associated Press ([link removed])
** Almost half of Americans didn't recreate outside in 2018
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Colorado Sun ([link removed])
** House committee votes to overturn Endangered Species Act rollbacks
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E&E News ([link removed])
** National forests told to protect grizzly bears as threatened
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Missoula Current ([link removed])
** Issues of climate change dominate Outdoor Retailer show
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Colorado Springs Gazette ([link removed])
** Opinion: Why is the BLM wiping out pinyon-juniper forests?
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Los Angeles Times ([link removed])
Quote of the day
It’s not just the outdoor industry that should care about this. Study after study indicates that time spent outdoors, particularly active time outdoors, can help us improve our mental health, physical health, academic outcomes and more. We should really be concerned as a nation that we are becoming an indoor nation.”
—Lise Aangeenbrug, executive director of the Outdoor Foundation, Colorado Sun ([link removed])
Picture this
** Learn more ([link removed]) about how climate change is affecting snow sports
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