Liberty Media Corporation: 100% renewable energy
Climate change is a serious threat to many industries, including media communications. Liberty Media corporation should reduce its uncertainty in energy pricing fluctuations by securing long term a power purchase agreement that covers all operations, and those of its subsidiaries, with 100% renewable power. Carbon offsets are an acceptable first step, but the action will not be considered complete unless it has caused the additional installation of renewable electricity. Liberty Media Corporation has an opportunity to lead the sector by recognizing and mitigating its footprint. The younger generation cares about the future of its planet. If society is signficantly disrupted as a result of climate change resulting from non-renewable power, Liberty Media Corporation will have less market share and a lower cash flow.
A concerned shareholder and listener.