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Halcon To Reduce 2014 Capital Spending, Unveils 2014 Divestment Plans

2013-12-16 10:22:00| OGI

Company will lower drilling budget by 14% to $950 million.

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Students Escalate Divestment Campaign After Universities Refuse to Sell Fossil Fuel Stocks

2013-12-12 15:57:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: Students across the country are escalating their campaigns for fossil fuel divestment after a number of high profile colleges and universities have rejected measures demanding they sell their stocks. Schools that have rejected requests for divestment include Harvard University, Cornell University, Middlebury College, Boston College, Vassar College, the City University of New York, Brown University and Swarthmore College. Divestment activists at each of these schools and others have come together...

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The Financial Case for Divestment of Fossil Fuel Companies by Endowment Fiduciaries

2013-11-02 12:57:00| Climate Ark Climate Change & Global Warming Newsfeed

Huffington Post: 1. Background. Rising temperatures around the globe are a reality, and so too is the primary cause: Energy-related CO2 emissions caused by human-beings. Long term energy analysis by the highly respected International Energy Agency (IEA) shows the world traveling down an unsustainable track. Very unsustainable. In 2012, CO2 emissions grew by 1.4 percent to a record high. Looking ahead, in its 'business as usual' scenario, the IEA shows energy-related CO2 emissions growing 1/3rd by 2035 and doubling...

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Harvard deals blow to fossil fuel divestment campaign:Wynn

2013-10-31 10:26:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Environmental groups driving the a divestment movement argue that most fossil fuels must not be burned if the world is to avoid the worst effects of climate change - a threat to the value of energy companies which own coal, oil and gas reserves. The movement is trying to repeat the success of a divestment campaign which decades ago pushed South Africa to dismantle the apartheid system. Fossil fuel divestment has gained some traction with U.S. city pension funds, but is running into legal uncertainty...

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Join a fossil fuels divestment campaign

2013-10-29 11:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The world has a choice when dealing with climate change. One is to decide it's a problem like any other, which can be dealt with slowly and over time. The other is to recognise it as a crisis, perhaps the unique crisis in human history, which will take rapid, urgent action to overcome. Science is in the second, scared camp that's the meaning of the IPCC report issued last month, which showed that our planet is already undergoing climatic shifts far greater than any experienced in human civilisation,...

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