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Fossil Fuel Resolution No. 37168

2015-11-17 00:00:40| PortlandOnline

November 2015 PDF Document, 2,525kbCategory: Fossil Fuel Export Policy

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Fossil fuel investments cost major funds billions

2015-11-16 15:09:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Corporate Knights, together with 350.org and South Pole Group, has launched the Clean Capitalist Decarbonizer, an interactive tool that allows users to determine the financial impact of divesting from carbon heavy companies. Using this first-of-its kind tool, Corporate Knights analysed the investments of 14 funds totaling $1 trillion in assets, including the Gates Foundation and ABP, and determined that the scale of losses over the past three years exceeded US$22 billion. The analysis covered recent...

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G20 must end fossil fuel subsidies say C20

2015-11-16 15:07:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: G20 leaders meeting in Turkey this week must tell the world how they plan to phase out fossil fuel subsidies by 2020 or risk being seen as dragging its feet, a high-level sustainability forum declared today. The G20 promised to phase out fossil fuel subsidies completely in 2009. But G20 governments still pump US$452bn annually into exploration for and production of fossil fuels, according to a report from the Overseas Development Institute released last week. The C20 Sustainability Working Group...

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Science museums cutting financial ties to fossil fuel industry

2015-11-16 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

InsideClimate: A handful of science and natural history museums across the globe announced in recent weeks they are cutting ties with the fossil fuel industry, limiting their sponsorship and donations and culling oil and gas stocks from their investment portfolios. The Field Museum in Chicagoone of the largest natural history museums in the worldquietly announced Friday it has divested its financial portfolio from fossil fuels. The Australian Academy of Sciences said it finished divesting in late October. The...

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Fossil Shares Poised For Exceptional Returns After Recent Sell-Off

2015-11-16 14:57:03| Jewelry - Topix.net

Fossil shares shed more than a third of their value on Friday after a disappointing Q3 Earnings Report. Considering the strength of Fossil Group's balance sheet, and management's track record of revenue and free cash flow growth, this over-correction creates a long term opportunity for investors willing to ride out the volatility.

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