"Investors are clear: Southern must provide a transparent plan for addressing the risks and opportunities of its transition to a low carbon economy," said Mary Beth Gallagher, Associate Director at Tri-State CRI. A youth member of Georgia Sierra Club (which co-filed the business model resolution) Marinangeles Gutierrez added, "Southern must take meaningful steps towards a low carbon future, not only for the sake of ratepayers but also for its stakeholders, vulnerable frontline communities, and future generations."
Amelia Timbers, As You Sow's Energy Program Manager, agreed: "Adopting a low-carbon business model could reduce the carbon asset risk of Southern Company's coal fleet. Until it takes action, Southern's investors are exposed to losses."
Taraneh Arhamsadr, (510) 735-8157, email@example.com
Mary Beth Gallagher, (973) 509-8800, firstname.lastname@example.org
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholders-to-southern-company-transition-from-coal-to-low-carbon-business-model-300275146.html
SOURCE As You Sow