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A case for fossil-fuel investment divestment

2014-04-08 19:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Wicked Local: Have you ever felt frustrated because the big fossil fuel companies keep burning coal, oil, and gas rather than investing in renewable energy like solar and wind? Or does it make you angry that these companies have already discovered adequate quantities of fossil fuels to raise the temperature of the planet to a level not compatible with life as we know it, yet they continue to invest in further exploration? Or are you concerned that they have the resources to spend so heavily on lobbying...

Tags: case investment divestment fossilfuel

 

Carbon bubble risk reinforces case for fossil fuel divestment

2014-03-08 11:37:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Two new reports have strengthened the case for fossil fuel divestment, arguing that polluting energy assets fuel a 'carbon bubble` in Europe and that moving away from fossil fuels does not harm investment portfolios. One study by the Greens-European Free Alliance (EFA) analyses carbon exposure of the top 43 European banks and pension funds. It found out that in order to limit the risks posed by the carbon bubble a term that refers to the overvaluation of fossil fuels assets, given the need...

Tags: case risk fuel carbon

 
 

Norwegian government reviews fossil fuel divestment plan

2014-03-03 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: The global campaign to encourage institutional investors to ditch their holdings in fossil fuel assets could be about to claim its biggest scalp to date, after the Norwegian government announced it would undertake a formal review of whether the country's $840bn (503bn) wealth fund should halt investment in carbon intensive firms. The Progress Party, which leads a minority government with the Conservatives and relies on support from the smaller Liberal and Christian Democrat parties, confirmed...

Tags: plan reviews government fuel

 

One And Done: Halcóns $450 Million Woodbine Divestment All For 2014

2014-02-28 10:20:00| OGI

The company has an iffy fourth quarter, faces doubts about Bakken, capital efficiencies

Tags: for million woodbine divestment

 

Fossil fuel divestment builds capacity and resilience, says Mary Robinson

2014-02-19 15:25:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Former Irish president Mary Robinson has said the fossil fuel divestment campaign is a shining example of what must be done in the fight against climate change. Robinson, the first female president of Ireland and a former UN high commissioner for human rights, also set up the Mary Robinson Foundation for Climate Justice. Writing in an article for the Guardian, Robinson argued that the extreme flooding recently experienced in the UK will be nothing compared to the weather shocks that future...

Tags: mary capacity fuel robinson

 

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