China, a major strategic investor in fossil fuels, has set itself a 2014 target of slashing imports of thermal coal, and it looks as if that plan is on track. Guest contributor Justin Guay reported here in August, with a deep analysis, why consumption of Chinese coal had decreased during … [continued]
Investors face a tremendous challenge moving forward in an increasingly environmentally-conscious world, where environmental concerns, so-called ‘ethical’ investment strategies, and fears that fossil fuel assets could eventually become “stranded” by emission regulations are forcing gradual fossil fuel divestment. However, according to new research from Bloomberg New Energy Finance, such movements … [continued]
Just in time for the back to school rush, University of California Irvine tops America’s “Cool Schools” list – but the rest of the top ten may surprise you.
Originally Published in the ECOreport “We have sinned,” the President of America’s most prominent seminary wrote in Time Magazine. She was not referring to a sex scandal or embezzlement, but rather the Union Theological Seminary’s stock portfolio. In the past, many mainstream churches have spoken against Climate Change in the … [continued]
Enlist in Climate Victory: A crowd-sourced World War II-style propaganda campaign illustrating battles we’re winning in the fight to decarbonize our world.
Originally Published on the ECOreport Business as usual is no longer a viable option for the fossil fuel industry. At the present rate of consumption, the world is heading towards a 6°C rise in global temperatures. Fossil fuel companies are exposing their investors to financial and climate risk. These were … [continued]
Originally published on Think Progress. By Ari Phillips. At a Fossil Free Europe tour event in Amsterdam on Tuesday, two aldermen from Boxtel, Netherlands announced that their town would be divesting from the 200 fossil fuel companies that hold the largest coal, oil, and gas reserves. This makes Boxtel the … [continued]
Calvert Investments and Morgan Stanley have announced new initiatives that provide immediate options for fossil fuel divestment and long-term green investing opportunities.
Oxford University reports the fossil fuel divestment campaign is gaining traction faster than previous divestment efforts against Apartheid, tobacco, and pornography, posing a serious reputational risk to the world’s biggest fossil fuel companies.
The United Church of Christ has become the first major religious institution to approve fossil fuel divestment across all its investments.
