For Immediate Release
Chicago, IL - November 29, 2011 - Zacks.com announces the list
of stocks featured in the Analyst Blog. Every day the Zacks Equity
Research analysts discuss the latest news and events impacting
stocks and the financial markets. Stocks recently featured in the
blog include
Chesapeake Energy Corporation
(
CHK
),
Devon Energy Corporation
(
DVN
),
ConocoPhillips
(
COP
),
ExxonMobil Corporation
(
XOM
) and
First Solar Inc
(
FSLR
).
Get the most recent insight from Zacks Equity Research with the
free Profit from the Pros newsletter:
http://at.zacks.com/?id=5513
Here are highlights from Monday's Analyst Blog:
Climate Change: At What Price Growth?
South Africa is playing host to the climate conference, which
opens today in the city of Durban. Climate change conferences focus
on reducing global temperatures, which appear to accelerate global
warming.
The Kyoto Protocol (1997), the game-changer in climate
negotiations had identified developed countries as primarily
responsible for high levels of green house gas emissions following
decades of unbridled industrialization. The protocol requires
countries to lower emissions according to pre-agreed targets.
The commitment period that started in 2008 will conclude in
2012. Therefore, the Durban conference comes at an important
juncture. Governments had agreed last year that emissions need to
be reduced to keep global temperature rises at less than 2 degrees
Celsius. However, according to EU negotiator Artur Runge-Metzger,
recent reports caution that the world was looking at warming up by
up to 4.5 degrees.
Economic expansion, which started with the Industrial Revolution
in the 18
th
-19
th
century in Europe, Japan and North America, and spread to other
parts of the globe, has fueled income and population growth across
the world - a feat unparalleled in the preceding centuries. Global
warming and climate change appear to be the harmful derivatives of
economic growth.
The U.S. is making a conscious effort to financially support the
climate change program with other nations by participating in an
assistance fund. The country is at the same time trying to move
away from fossil fuels to shale gas and other renewable sources
like, solar and wind. This is a feasible energy strategy because
not only are shale gas, solar and wind energy cheap, but they are
clean too.
Chesapeake Energy Corporation
(
CHK
) and
Devon Energy Corporation
(
DVN
) are renewing focus on their core competence in gas. Majors such
as
ConocoPhillips
(
COP
) and
ExxonMobil Corporation
(
XOM
) are investing in smaller players with sizeable stakes in big
shale fields.
First Solar Inc
(
FSLR
), a leading US-based solar energy player is focusing on solar
project construction in response to the increasing demand from
project owners like, the US government, corporates and
institutions.
The world is facing issues that need critical attention at this
point in time, namely the economic crisis in Europe. However,
climate change is no less serious because of its far-reaching and
irreversible impact.
Durban hopefully will be able to draw up a concrete way-forward
plan to lower greenhouse gases, specifically carbon dioxide in the
atmosphere, and settle issues germane to funding this global cause.
It should at the same time be able narrow down differences among
nations on the gravity of climate change.
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.
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CHESAPEAKE ENGY (
CHK
): Free Stock Analysis Report
CONOCOPHILLIPS (
COP
): Free Stock Analysis Report
DEVON ENERGY (
DVN
): Free Stock Analysis Report
FIRST SOLAR INC (
FSLR
): Free Stock Analysis Report
EXXON MOBIL CRP (
XOM
): Free Stock Analysis Report
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Research