Thursday, October 19, 2023

#Energy #Stock News -Okmin (OTCQB: $OKMN) Appoints Energy Expert Dr. John N. O'Brien to its Newly Established Advisory Board

#Energy #Stock News -Okmin (OTCQB: $OKMN) Appoints Energy Expert Dr. John N. O'Brien to its Newly Established Advisory Board

 

Dr. John N. O’Brien brings expertise in both conventional energy and renewable energy technologies


 

Okmulgee, OK – October 19,2023 - Okmin Resources, Inc. ("Okmin or the "Company") (OTCQB: OKMNa company engaged in the business of acquiring, exploring and developing natural resource assets, today announced that it has established an Advisory Board to include seasoned professionals and industry experts to assist in the development of the Company and that it has appointed Dr. John N. O’Brien as its Senior Advisory Board Member.

 

Read this news, featuring OKMN in full at https://www.investorideas.com/news/2023/energy/10191OTCQB-OKMN.asp

 

Dr. John N. O’Brien brings over forty-five years of experience in the energy business as an energy industry thought leader and an expert in the analysis of economics, regulation and technology in important and emerging energy issues. Dr. O’Brien is a former Commissioner on the Florida Energy Commission and Chair of its Climate Change Subcommittee. Dr. O’Brien previously served for 10 years as a Full Scientist at the U.S. Department of Energy’s Brookhaven National Laboratory in its Department of Nuclear Energy after that and was CEO of several significant energy firms. Currently the President and CEO of Vista Consulting Group, Dr. O’Brien’s areas of expertise include: the regulation and functioning of the electric and natural gas markets and related infrastructure; renewable energy technologies and investment; financial analysis and project finance in the energy sector; applications for small modular nuclear reactors; and other emerging energy technologies. Dr. O’Brien is also a Professor of Public Administration at Flagler College.

 

“We are excited to welcome the esteemed addition of Dr. John N. O’Brien to our newly established Board of Advisors.”, said Okmin’s CEO, Jonathan Herzog. Mr. Herzog continued, “Dr. O’Brien brings extensive knowledge in the broader energy sector, and we look forward to his new Advisory Board role with the Company.”

 

Okmin’s Chairman, Tom Lapinski, continued, “We believe Dr. John N. O’Brien will be a valuable resource for the Company in furthering our current business objectives and in the future should we potentially seek to broaden our activities beyond the development of conventional oil and gas projects.”

 

About Okmin Resources Inc.:

Okmin Resources, Inc. ("Okmin” and the "Company") (OTCQB: OKMN) is a development stage company that is acquiring, exploring and developing natural resource assets. The Company has predominantly been focused on the acquisition and development of domestic oil and gas fields. Okmin's projects are located in Oklahoma and Kansas. The Company’s lease holdings are all within the Cherokee Platform, a geological feature covering an area of northeastern Oklahoma and southeastern Kansas in the mid-continent region of the United States. The Cherokee Platform has been an established oil producing region for the last century. For more information about Okmin, please visit the Company’s website: www.okminresources.com.

 

Okmin is subject to the information and reporting requirements of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and, in accordance with the Exchange Act, the Company files periodic reports, documents, and other information with the Securities and Exchange Commission (the “Commission”) relating to our business, financial statements, and other matters. These filings are available to the public on the Commission’s website at http://www.sec.gov.

 

 

Safe Harbor Provision

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created thereby. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “will,” “expects,” “intends,” “plans,” “projects,” “estimates,” “anticipates,” or “believes” or the negative thereof or any variation thereon or similar terminology or expressions. These forward-looking statements are based upon current estimates and assumptions. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from results proposed in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, those factors set forth in the Company’s Annual Report on Form 10-K for the year ended June 30, 2023 and its other filings and submissions with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements. This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.

 

Investor & Media Contacts:

Jonathan Herzog, President and Chief Executive Officer

Tel: +1 (818) 201-3727

info@okminresources.com

 

Investor Relations:

Jessica Abaian, Manager

Tel: +1 (818) 201-3727

jessica@okminresources.com

 

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Tuesday, October 17, 2023

#Cleantech #Podcast – 3M (NYSE: $MMM) #Water friend or foe?

#Cleantech #Podcast – 3M (NYSE: $MMM) #Water friend or foe?

 


October 17, 2023 - Investorideas.com, a global news source and leading investor resource covering cleantech stocks issues a new edition of the Cleantech and Climate Change Podcast.     

 

Listen to the Podcast:

https://www.investorideas.com/Audio/Podcasts/2023/101723-Cleantech.mp3

 

Listen to the cleantech and climate change podcast on Spotify

 

Read this in full at https://www.investorideas.com/news/2023/cleantech-podcasts/10171NYSE-MMM.asp

 

Transcript

 

Good morning and welcome to today’s podcast. Today I want to continue the theme of recent podcasts - looking at the top 100 polluters in different categories with today’s theme once again looking at water. I am featuring 3M (NYSE:MMM) Company's Political Economy Research Institute rank in Toxic 100 Water Polluters: 92.  So, you say, ‘they aren’t as bad as some of the other companies you have featured in the top 10’. You are right, but the reason that they are as toxic as the water they have polluted is that water technology is one of their main areas of business.

 

They say, “Quality water is crucial for many operations within the residential, OEM refrigerator, industrial and commercial food service markets. With over 75 years of experience as a leader in providing water filtration products, 3M Purification Inc. delivers technology that improves water quality.”

 

At 3M, we strive to use technology and expertise to promote a future of “water circularity” — a future where water stress is eliminated, resources are circulated, and nature is regenerated. We work with water leaders in communities where we operate to help improve water availability and quality, with aspiration toward a net positive water impact.”

 

“As a signatory of the UN CEO Water Mandate and a leading member of the Water Resilience Coalition, 3M’s strategy aligns with the six core focus areas outlined by the Mandate and follows UN Sustainable Development Goal 6 (Clean Water and Sanitation).”

 

3M’s ESG statements from their website: “More than ever, we need science to create a more positive future where everyone can thrive. The resilience of our planet, our people, and our economy depends on it.”

 

“As the expectations of our customers, employees, investors, and stakeholders continue to grow, we set meaningful and measurable goals that demonstrate our ESG commitments and progress. Our employees are driven to pursue these goals and make a difference in the world — and we’re proud of the recognition their efforts have earned for 3M.”

 

So, if all of that is true, can someone please explain to me how they have paid out penalties of $1,045,066,310 for environmental offenses? Here are a few examples and all related to water. 

 

Violation Tracker Individual Record

Company: 3M
Current Parent Company
3M Company

Penalty: $850,000,000
Year: 2018
Date: February 20, 2018
Offense Group: environment-related offenses
Primary Offense: environmental violation
Violation Description: 3M agreed to pay $850 million in settlement of allegations its production of PFCs had damaged drinking water and natural resources in the Twin Cities area.
Level of Government: state
Action Type: agency action
Agency: Minnesota Attorney General
Civil or Criminal Case: civil

 

Violation Tracker Individual Record

Company: 3M Co.
Current Parent Company
3M Company

Penalty: $98,400,000
Year: 2021
Date: December 21, 2021
Offense Group: environment-related offenses
Primary Offense: environmental violation
Violation Description: 3M agreed to pay $99 million to settle litigation alleging that one of its manufacturing plants released cancer-linked PFAS chemicals into the Tennessee River in Alabama.
Level of Government: federal
Action Type: private litigation
Court: Northern District of Alabama
Civil or Criminal Case: civil
Case ID: 5:16cv1029
Case Name: Tennessee Riverkeeper Inc v. 3m Company et al
Private Lawsuit Resolution Type: settlement

 

Violation Tracker Individual Record

Company: 3M Company
Current Parent Company
3M Company

Penalty: $27,000,000
Year: 2023
Date: March 29, 2023
Offense Group: environment-related offenses
Primary Offense: environmental violation
Violation Description: 3M and Wolverine Worldwide together agreed to pay $54 million to settle allegations they were responsible for tainting groundwater in Rockford, Michigan with PFAS forever toxic chemicals. Court documents did not specify how much each company would pay. Here we assume they split the total equally between them.
Level of Government: federal
Action Type: private litigation
Court: Western District of Michigan
Civil or Criminal Case: civil
Case ID: 1:17cv1062
Case Name: Cooper et al v. The 3M Company et al
Private Lawsuit Resolution Type: settlement

 

How can we, as consumers and investors trust these companies and the bodies that regulate them and the coalitions they join, that recognize and reward them, when it’s all just posturing, propaganda and self-promotion?

 

Maybe 3M should change its name to 3P. But if posturing, propaganda and self-promotion warrant the name, I think there are a lot of big corporations bidding for that title.    

 

If you are a small company doing big things to benefit our water and our environment I would love to hear from you and tell your story.

 

Thanks, that’s it for today. Do something good for this beautiful planet each and every day.

 

If you would like to be a guest on this podcast and tell your story please call me at 800 665 0411

Visit the Cleantech and Climate Change Podcast page at Investorideas.com

 

The Investorideas.com podcasts are also available on iTunes (Apple Podcasts), Amazon, Audible, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, and most audio platforms available.

About Investorideas.com - Big Investing Ideas

Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water.

Public companies within the sectors we cover can use our news publishing

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: More disclaimer and disclosure info https://www.investorideas.com/About/Disclaimer.asp  Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ .Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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Wednesday, October 11, 2023

#Cleantech #Podcast – Dow Inc. (NYSE: $DOW) Ranked 4th in Top 100 #Water #Polluters



 

 

#Cleantech #Podcast – Dow Inc. (NYSE: $DOW) Ranked 4th in Top 100 #Water #Polluters

 

October 11, 2023 - Investorideas.com, a global news source and leading investor resource covering cleantech stocks issues a new edition of the Cleantech and Climate Change Podcast.     

 

Listen to the Podcast:

https://www.investorideas.com/Audio/Podcasts/2023/101123-Cleantech.mp3

 

Read this in full at https://www.investorideas.com/news/2023/cleantech-podcasts/10111Dow-Water-Polluter.asp

 

Listen to the cleantech and climate change podcast on Spotify

 

Transcript

 

Good morning. As you drink your daily glass of water I want this podcast to be in your thoughts today. Dow Inc. (NYSE:DOW) is a name most of us know. Dow had sales of approximately $57 Billion in 2022, and is a large producer of plastics, including polystyrene, polyurethane, polyethylene, polypropylene and synthetic rubber. It is also a major producer of ethylene oxide, various acrylates, surfactants and cellulose resins.

 

Dow is ranked 4th in terms of the top 100 water polluters according to the Political Economy Research Institute.

Toxic 100 Water Polluters Index (2022 Report, Based on 2020 Data)

(Click on column headers to re-sort table: current sort is by Toxic 100 Water Rank.)

Toxic 100 Water Rank

Corporation

Toxic hazard (pounds released x toxicity)

Millions of pounds of toxic surface water releases

Millions of pounds discharged to public sewage treatment works

EJ: Near Poor Share

EJ: Minority Share

% of toxic hazard from a single facility

1

Northrop Grumman

148,935,444,216

<0.01

0.20

35%

11%

100%

2

LyondellBasell Industries

60,823,822,110

0.27

4.02

14%

27%

97%

3

NextEra Energy

45,021,037,511

0.02

<0.01

36%

34%

100%

4

Dow Inc.

39,668,371,826

0.36

0.18

48%

63%

97%

5

Cargill

25,038,754,640

3.04

0.44

26%

16%

99%

 

But here is where it gets interesting (and you may want to spit out that water!)

 

From news this May, “Dow (NYSE:DOW) has been named a Supplier Engagement Leader for addressing climate change for the second consecutive year by CDP, a global non-profit that runs the world's environmental disclosure system for companies, cities, states, and regions.

 

“In 2022, Dow achieved an A score for climate change action in the supply chain and earned its place once again amongst the top-rated companies featured on CDP's Supplier Engagement Leaderboard. This score stands alongside Dow's A- rating from CDP for climate, forests and water.”

 

Water???  Water???

 

Am I missing something here? Is this a Charles Dickens sequel as a tale of two companies?

 

Let’s say it again, Dow is ranked 4th in the top 100 polluters.  

From their Website: Addressing climate change is one of the major challenges to achieving a sustainable future. As both a major user of energy and a producer of technologies that are essential to a lower-carbon economy, we have a responsibility to act. We're committed to working with our suppliers, customers and value chain partners to ensure Dow's ecosystem is carbon neutral by 2050.

 

“Within our own operations, we are optimizing the efficiency of our operations, investing in renewable energy sources and innovating new low-emission production processes. We also are collaborating with our customers to produce products that contribute to a lower-carbon footprint.”

 

“On sustainability they say “Building on our 2025 Sustainability Goals, these targets put us on a path to achieve carbon neutrality by 2050, eliminate plastic waste in our environment and increase our positive impacts on society, our customers and our business.”

 

But what about the water?

 

In March of this year, it was reported, “New Jersey announced a lawsuit this week against the Dow Chemical Company and other companies for widespread contamination of drinking water by a potentially cancer-causing chemical. The state is accusing the companies of manufacturing, selling and promoting products containing 1, 4-dioxane for decades in New Jersey, despite knowing the chemical was harmful and would pollute drinking water supplies.”

 

“Considered a likely human carcinogen, 1, 4-dioxane was used primarily from the 1950s through the 1990s as an industrial metal cleaner. According to the complaint, the chemical has been detected in groundwater samples at more than 490 sites throughout the state.”

 

This is just one of many stories over the years, so why pretend they are advocates for the environment?  

 

According to an article in Financial Times in August, “A growing number of blue-chip US companies are using environmental and social factors to decide bonuses for top executives, but investors are worried the metrics are being gamed to increase payouts.”

 

“Three-quarters of S&P 500 companies have disclosed that environmental, social and governance metrics contributed to executives’ pay, up from two-thirds of companies in 2021, according to data from The Conference Board and Esgauge, an ESG data analytics firm.”

 

Among them are American Express (NYSE: AXP), Dow (NYSE: DOW) and Southwest Airlines (NYSE: LUV).

 

So now it makes sense, (and dollars), for the management of these companies. Put out bogus ESG reports – make your company look like an environmental hero and pay yourself a big bonus! 

 

Investors beware and be aware. Invest in companies that are actually building and creating innovative water solutions.

 

If your company has breakthrough technology in the water/cleantech sector and would like to be a guest on this podcast and tell your story please call me at 800 665 0411. We would love to tell a positive story.

Visit our water stocks directory

https://www.investorideas.com/Water-Stocks/Stock_List.asp

 

Thanks, that’s it for today. Do something good for this beautiful planet each and every day.

 

Visit the Cleantech and Climate Change Podcast page at Investorideas.com

 

The Investorideas.com podcasts are also available on iTunes (Apple Podcasts), Amazon, Audible, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, and most audio platforms available.

About Investorideas.com - Big Investing Ideas

Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water.

Public companies within the sectors we cover can use our news publishing

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: More disclaimer and disclosure info https://www.investorideas.com/About/Disclaimer.asp  Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ .Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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