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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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