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Tag: divestment
Can Fossil Fuel Divestment Prevent The Carbon Bubble From Bursting?
2013-04-29 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Clean Technica: Could the same movement that brought down Apartheid be the key tactic in convincing America to go fossil fuel free and preventing a new financial crisis? If you ask activists at the more than 400 colleges, cities and states, and religious institutions who have answered 350.orgs call to push for fossil fuel divestment, the answer is a resounding yes and San Francisco just gave the campaign its biggest win to date. On Tuesday, the San Francisco Board of Supervisors unanimously passed a resolution...
Tags: prevent
fuel
carbon
bubble
San Francisco Fossil Fuel Divestment Movement Takes Its First Steps Against Big Oil
2013-04-25 19:38:00| Climate Ark Climate Change & Global Warming Newsfeed
Huffington Post: The San Francisco Board of Supervisors unanimously passed a resolution Tuesday urging managers of the city's public employee retirement system to withdraw the approximately $580 million they have invested in major fossil fuel producers. "The Retirement Board can divest responsibly without affecting the fund's security or yield," Supervisor John Avalos told the San Francisco Chronicle. "This is a great time to make a statement about how we can hold the fossil fuels companies accountable." While...
Students Take Back Earth Day, Demand Divestment from Fossil Fuels
2013-04-19 20:33:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: This Earth Day, on campuses across the country students are demanding their campuses take bold action on climate by divesting from fossil fuels and moving to clean energy. Students and universities are leading the fight against climate change. Thanks to years of student organizing, more than 700 campuses have committed to carbon neutrality or have made some kind of commitment around climate change. Yet--campuses continue to support dirty energy that is fueling the climate crisis, and making...
Can a Divestment Campaign Move the Fossil Fuel Industry?
2013-03-18 14:01:00| Climate Ark Climate Change & Global Warming Newsfeed
Yale Environment 360: Last fall, the climate advocacy group 350.org held a series of rallies in 21 cities across the U.S., making the case that combating climate change requires fossil fuel companies to leave a large portion of their reserves in the ground -- and that large-scale divestment by their shareholders could help convince them to do so. Since then, four small U.S. colleges have committed to ridding their endowments of fossil fuel investments, and more than 250 other colleges and universities have spawned student-...
Tags: industry
move
campaign
fuel
U.S. Divestment Movement Gaining Momentum
2013-02-08 01:31:00| Climate Ark Climate Change & Global Warming Newsfeed
Inter Press Service: A months-old national campaign to convince U.S. colleges, universities and city governments to withdraw investments from the world's largest oil and gas companies has seen some notable initial successes. On Tuesday, a city supervisor in San Francisco introduced resolutions calling on the city's retirement fund to "divest" all money it has in fossil fuel companies and gun manufacturers. That followed a significant recent decision by the city of Seattle's two-billion-dollar retirement fund to actively...
Tags: movement
momentum
gaining
divestment
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