Within a fortnight of publicly declaring that it would not completely divest from fossil fuel investments, Scotland’s University of Edinburgh has announced that it intends to divest from three of the world’s biggest fossil fuel producers. Earlier this month, the University of Edinburgh released the results of the Fossil Fuels Review Group, … [continued]
The global fossil fuel divestment campaign continues apace, with the University of Hawaii agreeing to divest from coal, oil, and gas companies, making it the largest university to do so. The University of Hawaii Board of Regents voted this week to divest the University’s $66 million endowment, following a report … [continued]
French insurance megalith Axa has announced that it intends to divest from €500 million worth of coal assets by the end of 2015. Speaking at the Paris 2015 Climate Finance Day on May 22, Axa CEO Henri de Castries made the announcement as he spoke about the danger of climate change, … [continued]
Oxford University announced last week its intentions to divest from coal and oil sands companies, however, almost 70 Oxford alumni have criticized the lackluster decision, “symbolically” handing in their degrees in protest. Oxford University considers itself “a world leader in the battle against climate change,” however it has taken a … [continued]
The University of Edinburgh, in Scotland, has taken the middle road in the current global fossil fuel divestment campaign, stating that they do not see their choices limited to “no change” or “pull out of all investments.” In a statement released Tuesday (PDF), the University of Edinburgh has revealed that “the … [continued]
Fossil fuel divestment has gone on long enough that it seems England’s Prince of Wales, Charles, is even jumping on the bandwagon, amidst a number of other British individuals and institutions. Prince Charles, Environmental Advocate The news comes by way of a survey conducted by the Financial Times, which found that “seven … [continued]
Despite objections to the contrary from those beholden to fossil fuels, the financial benefit and ethical motivation behind the divestment of fossil fuel investments is not likely to slow any time soon — if ever. A Global Initiative The fossil fuel divestment movement has exploded in popularity over the last … [continued]
Earlier today I wrote about Oxford University’s impending Council meeting to discuss divesting from fossil fuels, a decision which would have been a big step for British education systems. Instead of voting one way or the other, however, the University has deferred the decision, claiming that the decision requires more … [continued]
The global push towards fossil fuel divestment continues, especially on university campuses, with the University of Oxford set to rule on whether to divest from fossil fuel investments. With an endowment worth approximately £3.8 billion, the University of Oxford is the second richest university in the UK (after the University of … [continued]
The City of Oslo, Norway, has committed to divesting its $7 million worth of coal investments from its pension fund. The news comes only a few weeks after a thousand natives took to the streets of Oslo to demand fossil fuel divestment as part of Global Divestment Day. Great turn … [continued]
