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Tag: fossil
Climate change: UN backs fossil fuel divestment campaign
2015-03-15 11:02:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The UN organisation in charge of global climate change negotiations is backing the fast-growing campaign persuading investors to sell off their fossil fuel assets. It said it was lending its moral authority to the divestment campaign because it shared the ambition to get a strong deal to tackle global warming at a crunch UN summit in Paris in December. We support divestment as it sends a signal to companies, especially coal companies, that the age of burn what you like, when you like cannot...
Tags: change
campaign
fuel
climate
John Kerry slams climate skeptics & fossil fuels, but sidesteps Keystone
2015-03-13 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Politico: Secretary of State John Kerry railed against climate change skeptics on Thursday, saying that "future generations will not and should not forgive those who ignore this moment, no matter their reasoning,' though he offered no direct clues on whether he would back the Keystone XL pipeline. Kerry's speech was the latest warning from the administration about the threat of carbon pollution from fossil fuels and the need to reach a strong, long-term international pact to combat global warming at the...
Tags: john
climate
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fossil
E.ON reports record group losses as prepares to hive off fossil fuel business
2015-03-12 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: E.ON, the German power group and one of the UKs big six energy suppliers, has reported record annual losses as it prepares to unveil details of how it will hive off its troubled fossil fuel business. The company blamed plunging wholesale electricity prices and very low oil prices for the EUR3.2bn deficit, which is more than 50% bigger than the loss recorded 12 months earlier. Profits from the UK supply business remained steady at just under 300m but its revenues dropped by 600m. E.ON...
Tags: business
group
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record
United Kingdom: Boris Johnson told divest 4.8bn pension fund from fossil fuels
2015-03-11 15:29:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Boris Johnson has been told by the London assembly to pull City Halls 4.8bn pension fund out of coal, oil and gas investments, after assembly members voted on Wednesday on a motion in support of the fossil fuel divestment movement. The motion calls on the mayor to publicly support the principle of divestment and to begin the process of dumping the fossil fuel portfolio of the London Pension Fund Authority (LPFA). But the vote is non-binding, meaning the mayor is bound only to consider its proposals...
Tags: united
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Analyst Upgrades: Urban Outfitters, Inc., Fossil Group, Inc., and QUALCOMM Incorporated
2015-03-10 16:55:56| Jewelry - Topix.net
Specifically, no fewer than 14 analysts upped their price targets on the equity, while Janney and William Blair upgraded it to the equivalent of a "buy," with both brokerage firms providing an upbeat outlook on gross margin expansion. On the charts, Urban Outfitters, Inc. has started 2015 on a strong note, adding 12.5% to trade at $39.51, and this morning's positive news could lift the shares past their record high of $40.67, tagged last August.
Tags: group
urban
incorporated
analyst
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