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How Should We Approach Corporate Political Activity? - Corporate/Commercial Law

NYT,
Corporations, Vocal About Racial Justice, Go Quiet on Voting
Rights, starts off this way: As Black Lives Matter
protesters filled the streets last summer, many of the
country s largest corporations expressed solidarity and pledged
support for racial justice. But now, with lawmakers around the
country advancing restrictive voting rights bills that would have a
disproportionate impact on Black voters, corporate America has gone
quiet. The author is talking about new voting laws just
passed in Georgia and the reluctance, with some exceptions, of the
largest corporations to say anything or do anything-beyond anodyne
statements of support for voting rights in general-that might ....

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Blog: How should we approach corporate political activity? | Cooley LLP

NYT, “Corporations, Vocal About Racial Justice, Go Quiet on Voting Rights,” starts off this way: “As Black Lives Matter protesters filled the streets last summer, many of the country’s largest corporations expressed solidarity and pledged support for racial justice. But now, with lawmakers around the country advancing restrictive voting rights bills that would have a disproportionate impact on Black voters, corporate America has gone quiet.” The author is talking about new voting laws just passed in Georgia and the reluctance, with some exceptions, of the largest corporations to say anything or do anything beyond anodyne statements of support for voting rights in general that might pressure the state to back down, as major corporations did when several states passed their infamous transgender bathroom bills and many companies threatened to move business out of those states. As the ....

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Bitcoin's green problem could pose an existential threat

At a time when companies and investors increasingly say they are focused on climate and sustainability issues, some of them may be about to collide with the reality of another financial trend, and one that is currently worth about $US1 trillion. ....

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'Existential threat' to Bitcoin-investing companies from carbon fallout

News
Allocating capital to Bitcoin risks a backlash from environmentally conscious investors, according to author and co-anchor of CNBC s
Squawk Box, Andrew Ross Sorkin.
In a piece for the International New York Times, syndicated worldwide, Sorkin pointed to statements by Lawrence Fink, CEO of Black Rock â the largest asset managers in the world â indicating his company would make all future investment decisions based on âhow they plan to meet the climate challenge.â
Teslaâs $TSLA recent bet on bitcoin sullies its green credentials. Mining and transacting the cryptocurrency requires huge amounts of computing power and electricity, much of it from fossil fuels #btc#evpic.twitter.com/lv0pvossdrâ Michael A. Gayed, CFA (@leadlagreport) February 21, 2021 ....

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Bitcoin's climate change impact under scrutiny

updated: Mar 09 2021, 22:18 ist
By Andrew Ross Sorkin,
“Bitcoin uses more electricity per transaction than any other method known to mankind, and so it’s not a great climate thing.”
That was what Bill Gates recently told me.
At a time when companies and investors increasingly say they are focused on climate and sustainability issues, some of them may be about to collide with the reality of another financial trend, one currently worth about $1 trillion: Bitcoin.
The cryptocurrency has become inescapable, with big companies like Tesla and individual investors alike rushing to stock up on the digital token.
But depending on which study you read, the annual carbon emissions from the electricity required to mine Bitcoin and process its transactions are equal to the amount emitted by all of New Zealand. Or Argentina. ....

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