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Join a fossil fuels divestment campaign
2013-10-29 11:30:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The world has a choice when dealing with climate change. One is to decide it's a problem like any other, which can be dealt with slowly and over time. The other is to recognise it as a crisis, perhaps the unique crisis in human history, which will take rapid, urgent action to overcome. Science is in the second, scared camp that's the meaning of the IPCC report issued last month, which showed that our planet is already undergoing climatic shifts far greater than any experienced in human civilisation,...
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campaign
fossil
fuels
UK universities urged to pull cash from fossil fuel giants
2013-10-26 23:30:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: An international campaign to urge large institutions to dump fossil fuel investments reaches the UK this week, following rapid success in the US. The year-old divestment campaign, Fossil Free, has grown even faster than similar efforts that once targeted apartheid, tobacco and arms manufacturers. It now aims to focus attention on the 5bn invested in coal, oil and gas by the endowment funds of UK universities. The move comes as financial giants such as HSBC, Deutsche Bank and Goldman Sachs are...
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pull
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universities
Climate change could put $6 trillion in fossil fuel reserves at risk
2013-10-26 15:48:00| Climate Ark Climate Change & Global Warming Newsfeed
Quartz: The International Energy Agency last year warned that if humanity is to have any hope of avoiding catastrophic climate change, a third of the worlds fossil fuel reserves must be put off limits until 2050. That prompted HSBC Global Research to estimate that some oil giants could lose up to half their market value. In other words, were talking about trillions of dollars in revenues going up in smoke if governments ever get their act together and issue a no-burn order. Now 70 investors that control...
Carcinogens emitted from Canada's main fossil fuel hub, study says
2013-10-25 19:34:00| Climate Ark Climate Change & Global Warming Newsfeed
LA Times: A new study has detected air pollutants, including carcinogens, in areas downwind of Canada's main fossil fuel hub in Alberta at levels rivaling those of major metropolises such as Beijing and Mexico City. The study by researchers from UC Irvine and the University of Michigan also found a high incidence of blood cancers such as leukemia and non-Hodgkin's lymphoma among men in the area, compared with the rest of Alberta and Canada. "When you get cancers that can be caused by the carcinogens...
Major Pension Funds Question Long-Term Outlook for Fossil Fuel Profits
2013-10-25 19:01:00| Climate Ark Climate Change & Global Warming Newsfeed
Yale Environment 360: Leaders from some of the largest pension funds in the U.S. and the world are concerned about the future profitability of fossil fuel companies, and they have asked those companies to report on their plans for managing a long-term shift toward renewable energy. Managers of 70 major pension funds, which together control about $3 trillion in investments, asked 45 of the world's largest coal, oil, gas, and electric power companies to complete the profitability studies by spring. The pension funds are...
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major
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