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Tag: divestment
McKibben on Fight Against Keystone XL, Fossil Fuel Divestment & Obama's Failures
2014-02-13 21:07:00| Climate Ark Climate Change & Global Warming Newsfeed
Democracy Now: Hundreds of college students are expected to risk arrest on March 2 outside the White House to pressure President Obama to reject the Keystone XL tar sands oil pipeline project. Organizers of "XL Dissent" say they hope to stage one of the largest acts of civil disobedience against the pipeline to date. The Keystone XL would carry 830,000 barrels of oil a day from Canada to the Gulf Coast. In January, a long-awaited environmental impact statement from the State Department found the Keystone XL would...
Tags: fight
fuel
failures
fossil
Divestment Goes Mainstream as Major Funds Kick the Fossil Fuel Habit
2014-02-03 16:26:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: With a shift of nearly two billion dollars away from fossil fuels, the divestment campaign has moved into new territory. Last week, seventeen of the worlds largest philanthropic foundations announced commitments to pull their money out of fossil fuel companies and reinvest it in the clean energy economy. The newly formed Divest-Invest coalition urges other organizations to take an ethical stand and voice their concern for communities most vulnerable to climate change and the future of the...
World Bank head calls for fossil fuel divestment to combat climate change
2014-01-28 01:00:00| Power Technology
World Bank president Jim Yong Kim has urged governments and business to consider bringing new policy reforms to withdraw funding from oil, gas and coal companies as well as fix a price on carbon to combat climate change.
U.N. climate chief calls for fossil-fuel divestment
2014-01-17 01:22:00| Climate Ark Climate Change & Global Warming Newsfeed
Grist: Take your money out of dirty energy and put it into clean energy. No, that`s not 350.org talking (not this time, at least) - that`s from Christiana Figueres, chief of the U.N. Framework Convention on Climate Change. On Wednesday, Figueres called on big firms that manage trillions of dollars of investments to dump fossil fuel stocks in favor of greener alternatives, arguing that such a shift would help the firms clients as well as the climate. The pensions, life insurances and nest eggs of...
Tags: chief
calls
climate
divestment
Halcón Reduces 2014 Capital Spending, Unveils 2014 Divestment Plans
2013-12-17 19:30:00| OGI
The company expects any additional non-core asset divestiture to be around $300 to $400 million.
Tags: capital
plans
spending
reduces
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