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Fossil Group Stock Rating Reaffirmed by Zacks

2014-07-05 01:47:53| Jewelry - Topix.net

's stock had its "neutral" rating reaffirmed by Zacks in a research note issued to investors on Friday.

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Much-needed $800bn renewable energy investment can come from fossil fuel subsidies

2014-07-03 16:18:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Much of the hundreds of billions of dollars worth of renewable energy investment that is needed to prevent the worst effects of climate change could come from the substantial subsidies given to fossil fuels, a new report has found. In a new study published in the journal Climate Change Economics, researchers from the International Institute for Applied Systems Analysis (IIASA) attempt to put a price tag on efforts to limit the global temperature rise to 2C. "Many countries say that they`re...

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Renewables Projected To Add Triple The Capacity Of New Fossil Fuel Plants By 2030

2014-07-01 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

ThinkProgress: The "world is already adding more renewable-energy capacity each year than fossil fuel capacity," Bloomberg New Energy Finance (BNEF) explained earlier this year. And BNEF`s just-released 2030 Market Outlook projects that disparity will skyrocket, concluding that "renewable energy may reap as much as two-thirds of the $7.7 trillion in investment forecast for building new power plants by 2030 as declining costs make it more competitive with fossil fuels." That means some $5 trillion in renewable...

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University of Dayton in US divesting from coal, fossil fuel investments

2014-07-01 05:06:00| Climate Ark Climate Change & Global Warming Newsfeed

Ecumenical News: A U.S. Catholic university says it is to begin divesting coal and fossil fuels from its investment portfolio and it hopes its model will serve as an example to other institutions. The University of Dayton, a Catholic, Marianist university announced on June 24, it will begin divesting coal and fossil fuels from its $670 million investment pool. It is believed to be the first Catholic university in the United States to take this step, the Ohio-based university stated on its website. "I think...

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Unitarians Go Fossil Fuel Free With Divestment Resolution

2014-06-30 20:46:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: Following in the footsteps of the University of Dayton, the first Catholic school to divest from fossil fuels, the Unitarian Universalist Association (UUA) announced Saturday its resolution to do the same. The faith-based organization of more than 1,000 congregations has about 2.9 percent of their $175 million investment dollars in fossil fuel companies under their UUA Common Endowment Fund (UUCEF), according to the Providence Journal. Saturday`s vote was overwhelmingly in favor of divestment....

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