Thursday, January 29, 2009

Dominion Profits Up -- For Now

Dominion announced its 2009 earnings today, according to the Associated Press via Forbes

Dominion Resources Inc. on Thursday estimated its operating earnings in 2009 will grow up to 4.4 percent from last year and predicted 2010 earnings that beat analyst expectations.
So far, so good, for Dominion's short-sighted corporate leadership. But as I wrote last December, these projections ignore "the huge risk that shareholders and customers face from the growing likelihood that the company will face charges for the 64 million tons of CO2 that it annually spews into the atmosphere.

Dump Dominion!

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