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Tag: fossilfuel
Divestment campaign urges customers to boycott banks which support fracking and fossil-fuel industry
2014-10-20 01:17:00| Climate Ark Climate Change & Global Warming Newsfeed
Independent: Customers of Britains biggest banks are threatening to close their accounts unless the institutions cut all ties with coal, tar sands, fracking and other fossil-fuel industries as part of a new campaign launched today. The attempt to force Britains Big Five banks into ending their 66bn involvement with dirty energy marks a new direction for the growing divestment campaign, as part of which this month the University of Glasgow pledged to stop investing in fossil fuels. The new campaign...
Tags: support
industry
customers
banks
University of California task force won't support divesting fossil-fuel holding
2014-09-10 22:51:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: A University of California panel announced recommendations on Wednesday to combat climate change and make the university more sustainable, but declined to endorse shedding its fossil fuel holdings from its $91 billion invesment portfolio. The university's Task Force on Sustainable Investing suggested sinking more than $1 billion over a five-year period into climate change solutions, and greatly expanding its use of solar energy in an effort to make the university system carbon-neutral by 2025. ...
Tags: support
university
california
force
China slashes spending on new fossil-fuel power plants
2014-05-01 14:36:54| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: China added nearly 40 per cent less coal- and gas-fired power capacity in the first quarter than it did a year ago mainly due to stronger pollution controls and slower economic growth, a senior government advisor said on Wednesday. China, the biggest global emitter of gases that cause climate change and plagued by air quality that causes half a million deaths a year, consumes nearly half the world's coal. But recent data released by the National Energy Administration (NEA) showed that newly...
Tags: power
china
plants
spending
A case for fossil-fuel investment divestment
2014-04-08 19:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Wicked Local: Have you ever felt frustrated because the big fossil fuel companies keep burning coal, oil, and gas rather than investing in renewable energy like solar and wind? Or does it make you angry that these companies have already discovered adequate quantities of fossil fuels to raise the temperature of the planet to a level not compatible with life as we know it, yet they continue to invest in further exploration? Or are you concerned that they have the resources to spend so heavily on lobbying...
Tags: case
investment
divestment
fossilfuel
Divest from Fossil-Fuel Companies
2014-03-20 06:55:00| Climate Ark Climate Change & Global Warming Newsfeed
Yale Environment 360: With our leaders repeatedly failing to take action on climate, divestment from fossil-fuel companies is one of the few effective strategies remaining. Climate change is an urgent moral crisis, and our universities and institutions must take a stand. Lets say that you are sitting in the front passenger seat of a car that is several miles from the Grand Canyon, conversing with the driver and other passengers about the importance of vehicle safety. The conversation might meander from technical questions...
Tags: companies
divest
fossilfuel