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Tag: fossil fuel
Fossil fuel divestment effort comes to energy-rich Colorado
2015-02-20 11:43:00| Climate Ark Climate Change & Global Warming Newsfeed
Associated Press: A campaign to get universities to stop investing in greenhouse gas-producing fuels has come deep into energy country as activists ask the University of Colorado to divest from coal and petroleum companies. A group called Fossil Free CU planned to make the request to the university's governing Board of Regents on Friday. The board wasn't expected to make any immediate decisions. Colorado is the nation's No. 7 energy state, and its coal, oil and gas industries produce billions of dollars in revenue...
Tags: effort
colorado
fuel
fossil
Problem fossil fuel stranded assets a real one, says Tim Yeo
2015-02-16 14:10:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: Conservative MP and chairman of the energy and climate change committee, Tim Yeo has said that the problem of stranded assets within the fossil fuel industry is real. The comments come as the chief executive of Shell said the current energy debate was nave. Speaking at the International Petroleum Week annual dinner, Ben van Beurden, head of Shell, claimed that the climate change debate often boiled down to fossil fuels out, renewables in, adding that this is a nave view of a sustainable...
Fossil fuel industry must take stranded assets seriously, says Tim Yeo
2015-02-15 19:03:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The chairman of parliaments energy and climate change committee has joined those warning the fossil fuel industry to take the threat of stranded assets seriously, and believes Shell is wrong to write off critics as naive. Tim Yeo, a veteran Conservative MP and nuclear enthusiast, also expressed alarm at the latest delays at the new Hinkley Point building project in Somerset, saying he hoped they would not lead to eventual cancellation. Shells chief executive, Ben van Beurden, told a dinner...
Tags: industry
tim
assets
fuel
China vows to cut fossil fuel in painstaking energy revolution
2015-01-22 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Xinhua: Chinese Premier Li Keqiang pledged here on Wednesday to reduce the proportion of fossil fuel in China's total energy mix and promote clean technology. This marks the latest effort of the world's most populous country in its uphill battle against air pollution and climate change. When meeting with representatives of the International Business Council of the ongoing World Economic Forum (WEF) in the Swiss mountain resort of Davos, Li said China has pledged to increase the share of non-fossil...
Harvard increas fossil fuel investment despite call divest
2015-01-15 13:03:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: The worlds richest university Harvard has invested ten of million of dollars in fossil fuel companies during the third quarter of 2014 despite calls for divestment from the institutions students and staff. The figures have led to several faculty members voicing their concern that investment returns are being justified at any cost, even if it negatively impacts the universitys students. According to the Guardian, Harvard has increased its investment in fossil fuel companies from $11.8 million...
Tags: call
investment
fuel
harvard
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