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Tag: fossil
Fossil fuel divestment campaign targets high street banks
2014-10-20 12:43:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: Customers of Britains biggest banks are to demand that high street institutions stop using their savings and investments to finance the fossil fuel industry, in a major new divestment campaign launched on Monday. The Divest! campaign, launched by the ethical banking reform group Move Your Money, calls on customers to write to their banks and threaten to withdraw their savings, unless they pledge to cease investment in the polluting industry. A template letter available online gives the big...
Tags: high
street
banks
campaign
More Australian universities push for fossil fuel divestment
2014-10-20 12:42:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: Shortly after the Australian National University (ANU) divested from seven fossil fuels firms, gaining criticism from the government, more universities are being pressured by academics and students to follow suit, in order to avoid dangerous effects of climate change on the economy, health and environment. Three members of the Group of Eight universities formed by leading Australian education institutions are expected to receive pressure from faculty members and student groups in order to...
Tags: australian
push
fuel
universities
More Australian universities come under pressure to divest from fossil fuels
2014-10-19 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Sydney Morning Herald: Pressure for the nation's leading universities to join the Australian National University and dump investments in fossil fuels will continue to mount despite the condemnation of such moves by Prime Minister Tony Abbott and Treasurer Joe Hockey. Faculty members and students at three other Group of Eight universities are preparing open letters to present to their institutions in coming weeks, demanding that the universities sell endowment investments in companies involved in fossil fuel extraction...
Tags: pressure
australian
universities
fossil
Fossil fuel divestment: climate change activists take aim at Australia's banks
2014-10-18 01:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Climate change activists will aim to give the big banks a $200m bloody nose on Saturday, in the latest round of what has been an increasingly bitter campaign to force the divestment of companies with fossil fuel interests. A national day of divestment will see more than 1,000 bank customers switch their accounts away from the big four banks: ANZ, Westpac, Commonwealth Bank and NAB. Campaign organisers Market Forces and 350.org claim that the major banks have already lost $250m worth of...
Exxon Blasts Movement to Divest From Fossil Fuels
2014-10-14 09:28:24| Oil & Gas - Topix.net
Exxon Mobil is wielding its public relations might against the fossil-fuel divestment movement, signaling that climate-change activists have struck a nerve at the world's biggest publicly traded oil and gas company. Exxon Mobil's blog, titled "Perspectives," posted a lengthy attack Friday about the divestment movement, which urges universities, churches, pension funds, and other big institutional investors to dump their shares of oil and coal companies as part of the fight against global warming.
Tags: movement
fossil
fuels
blasts
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