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Fossil fuel divestment movement has grown to $2.6 trillion in assets
2015-09-23 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
InsideClimate: The fossil fuel divestment movement skyrocketed in the past year as hundreds of institutions and thousands of individuals committed to selling their oil, natural gas and coal holdings, according to a new report. So far, 436 institutions and 2,040 individuals representing $2.6 trillion in assets have agreed to sell their fossil fuel investments, according to a review by Arabella Advisors, a Washington, D.C.-based consultant that works with philanthropies. It represents a 50-fold increase from a year...
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movement
assets
grown
Fossil Fuel Divestment Pledges Surpass $2.6 Trillion
2015-09-22 16:31:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: Global Coalition Announces Major Commitments as World Leaders Gather at UN; Thousands of new commitments represent a 50-fold increase in one year. The movement to divest from fossil fuels and invest in renewable energy and climate solutions has exploded, growing 50-fold in just one year and topping $2.6 trillion (1.68tn), according to a new analysis released today. More than 400 institutions and 2,000 individuals have pledged to divest from fossil fuels, the report from Arabella Advisors found....
Tags: fuel
fossil
trillion
pledges
$43 Trillion: What Scientists Calculate a Warming Arctic Will Cost
2015-09-22 16:07:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: The melting permafrost in the Arctic could cost the world dearly. New research calculates that the economic damage that would flow from loss of permafrost and the increased emissions of greenhouse gases would add up to $43 trillion. This is very nearly the estimated combined gross domestic product last year of the U.S., China, Japan, Germany, UK, France and Brazil. And, British and U.S. scientists say, this would be in addition to at least $300 trillion of economic damage linked to other consequences...
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cost
warming
calculate
World's leading polluters have racked up $10 trillion carbon debt
2015-09-09 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
InsideClimate: The countries most responsible for global warming owe the rest of the world a tremendous debt, with the author of a new study published Monday in the journal Nature Climate Change putting the figure at $10 trillion. The author came up with that number by calculating how much CO2 each country emitted per capita since 1960, generally recognized as the onset of the worst of human-caused global warming. Countries with high per capita emissions carry a carbon debt while countries with lower per capita...
Tags: leading
debt
carbon
worlds
Low-carbon cities are $17 trillion opportunity worldwide
2015-09-08 10:50:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: New research from the New Climate Economy finds that investing in public and low emission transport, building efficiency, and waste management in cities could generate savings with a current value of US$17 trillion by 2050. These low-carbon investments could also reduce greenhouse gas emissions by 3.7 Gt CO2e per year by 2030, more than the current annual emissions of India. With complementary national policies such as support for low-carbon innovation, reduced fossil fuel subsidies, and carbon...
Tags: opportunity
cities
worldwide
trillion
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