“Remember the Golden Rule,” said the stunted king from the cartoon The Wizard of Id, “whoever has the gold, makes the rules.” A growing number of institutional investors are heeding the king of Id’s sarcastic “golden rule.” But unlike Parker and Hart’s irreverent cartoon, the real-life outcome of shareholder activism – the influence of the […]
Fracking standards in U.S. may be too little too late
The American Petroleum Institute now has a set of standards for how companies operate in communities that are home to shale drilling sites. The goal is to ease fears regarding fracking around the U.S. The plan includes using what the industry refers to as “best practices” gleaned from over six decades of fracking experience. API […]