New York Attorney General to Announce Agreement With Major National Energy Company...

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Thu Oct 23, 2008 12:29pm EDT

New York Attorney General to Announce Agreement With Major National Energy
Company to Disclose Financial Risk of Climate Change to Investors

Media Advisory for Thursday, October 23, 11 AM ET

Green Former Securities Attorney Attending Announcement Available to Comment
on Agreement

NEW YORK, Oct. 23 /PRNewswire-USNewswire/ -- The following is being issued by
Environmental Defense:

WHAT: News conference featuring former Vice President Al Gore to announce New
York Attorney General Andrew Cuomo's second binding and enforceable agreement
with a major national energy company, Dynergy, requiring disclosure of
financial risks that climate change poses to its investors.  Attorney General
Cuomo and Vice President Gore will discuss this agreement and the importance
of this industry-wide precedent, both in terms of corporate transparency and
responsibility, and the effort to fight global warming. Andrew Darrell, Vice
President, Environmental Defense Fund (http://edf.org/page.cfm?tagID=907), a
former associate at the law firm of Davis Polk and Wardwell, where he worked
on Securities and Exchange Commission flings and 10k disclosure, will attend
the news conference and is available to comment on the agreement.

WHY: Environmental Defense Fund filed a petition with Attorney General Cuomo
in September 2007 in which a coalition, including the nation's largest
institutional investors, requested clarifying guidance on the disclosure of
materials risks related to climate change.

WHO:Andrew Darrell, Vice President, Environmental Defense Fund/Member, New
York Mayor Michael Bloomberg's Sustainability Advisory Board/Member, former
associate at the law firm of Davis Polk and Wardwell

WHEN:Thursday, October 23, 11 AM ET

WHERE:  Robert F. Wagner, Jr. Park (located just northwest of Battery Park,
off Battery Place), New York City

CONTACT:Andy Darrell, (917) 912-3605-c, adarrell@edf.org
Sean Crowley, (202) 572-3331-w or (202) 550-6524-c, scrowley@edf.org


Environmental Defense Fund, a leading national nonprofit organization,
represents more than 500,000 members nationwide and 100,000 in California.
Since 1967, Environmental Defense Fund has linked science, economics, law and
innovative private-sector partnerships to create breakthrough solutions to the
most serious environmental problems. For more information, visit www.edf.org.
 
SOURCE  Environmental Defense

Andy Darrell, +1-917-912-3605-c, adarrell@edf.org, or Sean Crowley,
+1-202-572-3331-w, +1-202-550-6524-c, scrowley@edf.org, both of Environmental
Defense
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