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Tag: investments
Report Finds Investments in Albertas Tar Sands Make Neither Economic Nor Climate Sense
2014-05-08 19:07:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: A total of $1.1 trillion USD earmarked for risky carbon-intensive oil sector investments need to be challenged by investors, according to a new report released today by the Carbon Tracker Initiative. The research identifies oil reserves in the Arctic, tar sands and in deepwater deposits at the high end of the carbon/capital cost curve. Projects in this category make neither economic nor climate sense and wont fit into a carbon-constrained world looking to limit oil-related emissions, Carbon Tracker...
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report
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economic
Stanford will dump its coal company investments
2014-05-07 18:42:00| Climate Ark Climate Change & Global Warming Newsfeed
Grist: Stanford University`s endowment fund is a fat one - nearly $19 billion rich. And, moving forward, none of those riches will be sunk into the ghastly practice of coal mining. The university -- which is situated on the edge of Silicon Valley, a hotbed for clean technology companies like Tesla -- announced on Tuesday that its board of trustees had approved a divestment resolution. According to the university`s statement, the fund will sell off stocks and abstain from buying any more in "publicly...
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investments
coal
dump
Stanford University Says No To Coal Investments
2014-05-07 17:16:00| Climate Ark Climate Change & Global Warming Newsfeed
National Public Radio: Stanford's trustees say the school will no longer invest in companies that mine coal, joining about a dozen other colleges that have taken the step. The decision cited alternate energy sources that emit less greenhouse gases. Stanford will liquidate any current holdings in coal-producing companies, the school says. Of the schools that have divested, it's by far the largest. "Stanford wouldn't say how much it currently invests in coal companies," NPR's Elizabeth Shogren reports. "Its total endowment...
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investments
coal
stanford university
Stanford University ditches coal investments
2014-05-07 11:40:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: Stanford has become the most prominent US university to date to cease investments in coal projects, after identifying alternatives with less harmful environmental impacts. The university's board of trustees yesterday voted to stop making direct investments in publicly-traded companies mining coal for energy generation. Stanford, which wields one of the world's largest endowments of around $18.7bn, said in a statement that the vote followed the recommendation of a panel of students, staff, faculty,...
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investments
coal
stanford university
BP Focuses On GoM Investments To Meet Energy Demand
2014-05-06 18:33:00| OGI
CEO John Mingé said focus shifts to safety as company reboots these investments.
Tags: meet
energy
demand
investments
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