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Tag: fossil
'Religious leaders should tell followers to divest from fossil fuels'
2014-05-07 14:30:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Religious leaders should pull their money out of investments in fossil fuel companies and encourage their followers to do the same, according to the UN's climate chief. Christiana Figueres, who is speaking at St Pauls Cathedral on Wednesday night, urges faith groups to "find their voice" and "set their moral compass" on climate change, in an article published in the Guardian. Students and other groups have been campaigning in the US and Europe to encourage universities, local authorities and investors...
Tags: leaders
religious
fossil
fuels
The 2014 Australian budget opportunity to end fossil fuel subsidies, so why won't it happen?
2014-05-07 13:30:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: "Australia may sell assets and cut welfare spending to rein in a debt burden that is already the second-smallest among developed nations" reported Bloomberg breathlessly early in May. Such is the madness of the deeply unpopular conservative Australian government, which will lay down its budget for the coming 12 months next week. In order to justify its right-wing agenda, the Abbott government ordered a National Commission of Audit. The Commission's report was released a week ago, and was described...
Tags: end
why
opportunity
budget
Australians Divest From Big Four Banks That Fund Fossil Fuel Projects
2014-05-02 17:48:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: Today and tomorrow hundreds of customers with Australias Big Four Banks will close their accounts in a statement against the banks investments in new coal and gas projects. These customers will be taking part in Australias first "National Days of Divestment Action" organized by Market Forces and 350.org Australia. Since May of last year, hundreds of customers have "put their bank on notice" and pledged to move more than $100 million AUD out of the Big Four banks unless they commit to ruling...
Harvard divestment group block hall entrance and call for a meeting on fossil fuels investment
2014-05-02 11:03:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: Students who launched the Divest Harvards Day of Action have blocked the entrance of the schools administration offices and called for a meeting with the president and the board of the university to discuss divesting from fossil fuels. The protest was set up with the aim of obtaining a meeting with Harvard trustees and president Drew Faust, in order to discuss the schools involvement with fossil fuels companies. Students have long been campaigning for the school to divest from these firms,...
Pax World divests fund from fossil fuels for investment reasons
2014-05-02 10:05:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: The US-based firm Pax World Management has announced that it has fully divested one of its funds from fossil fuel companies, meaning it now has two fossil fuel-free funds on offer. The firm announced on Thursday that the Pax World Growth Fund (PXWGX) will now pursue a fossil fuel-free investment strategy, replacing such investments with holdings in high-impact companies developing solutions to sustainability challenges. Examples include hybrid engine developers Valeo and Gilead Sciences, a...
Tags: world
reasons
investment
fund
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