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Exxon Blasts Movement to Divest From Fossil Fuels
2014-10-14 03:52:07| Chemicals - 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
United Kingdom: Mark Carney: most fossil fuel reserves can't be burned
2014-10-13 14:04:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The governor of the Bank of England has reiterated his warning that fossil fuel companies cannot burn all of their reserves if the world is to avoid catastrophic climate change, and called for investors to consider the long-term impacts of their decisions. According to reports, Carney told a World Bank seminar on integrated reporting on Friday that the vast majority of reserves are unburnable if global temperature rises are to be limited to below 2C. Carney is the latest high profile figure...
Tags: united
mark
kingdom
united kingdom
Fossil Group Earns "Neutral" Rating from Zacks
2014-10-10 08:04:53| Jewelry - Topix.net
's stock had its "neutral" rating reissued by Zacks in a note issued to investors on Thursday. They currently have a $102.00 target price on the stock.
Tags: group
rating
neutral
fossil
Australian city council divests from fossil fuels
2014-10-10 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: The City of Moreland, north of Melbourne, has become the first municipality in the state of Victoria to ditch holdings in fossil fuels companies, following calls from campaigners to cut ties with the businesses most responsible climate change. The city council become the latest to sign up to the growing global divestment movement, joining Seattle in the US, Oxford in the UK and Dunedin in New Zealand. On Wednesday the council voted to rule out future investment in coal or gas companies and...
Tags: city
council
australian
fossil
The University of Glasgow to divest from fossil fuel industry
2014-10-09 09:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Glasgow Guardian: The University of Glasgow Court has voted in favour of divesting from the fossil fuel industry, making it the first University in the UK to divest. The University plans to dispose of its investments in the fossil fuel industry within a period of ten years. The University is also expected to consider investment in renewable energy industries, although there is no commitment to invest in renewable energy. Court has also decided a biannual evaluation which will be put in place to assess the policys...
Tags: university
industry
fuel
glasgow
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