California continues to be a climate and cleantech leader. One of its big recent announcements in this regard is that state policymakers have introduced the California Fossil Fuel Divestment Act (SB 252). Naturally, this divestment move was stimulated by young adults, students. It was then introduced by Senator Scott Wiener … [continued]
$11 trillion in divestments! That’s the grand total movement away from fossil fuels as of end-of-year 2019.
Divestment has reached an all-time peak in 2017, with religious, higher education, wealth fund, and other institutions joining in to end the fossil fuel infrastructure and transition to 100% renewable energy for all.
Divestment from fossil fuels has gained momentum in the spring of 2017, with more influential organizations joining the social movement away from oil, gas, and coal.
The Mayor of Amsterdam has publicly pressured Dutch pension fund APB to divest from fossil fuel investments, according to Fossil Free Europe. According to the Fossil Free Europe initiative, a project of global climate movement 350.org, Mayor of Amsterdam Eberhard van der Laan penned a letter to the board of Dutch … [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]
