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Tag: fossil
Norway oil-rich capital first to divest from fossil fuels
2015-10-19 14:09:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Home: The capital of Europes largest holder of oil and gas reserves blacklisted all fossil fuel assets on Monday, as its new-look city council set out a greener agenda. Oslo agreed to shed oil and gas bets from its $9 billion pension fund after losing coal in March, and halve carbon emissions by 95% within fifteen years on 1990 levels. We are very happy to announce that Oslo will take responsibility for the climate, both through our own policies and our investments, said Lan Marie Nguyen Berg...
Tags: capital
norway
fossil
fuels
Oslo becomes first capital city to divest from fossil fuels
2015-10-19 12:28:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: The City of Oslo today announced that it will divest its $9 billion pension fund (EUR8 billion) from coal, oil and gas companies, becoming the first capital city in the world to ban investments in fossil fuels. Lan Marie Nguyen Berg, of the Green Party in Oslo says: We are very happy to announce that Oslo will take responsibility for the climate, both through our own policies and our investments. The time for climate action is now, and the new city government will address climate change...
Tags: city
capital
oslo
fossil
Fossil Group Upgraded by Zacks to "Hold"
2015-10-16 05:27:02| Jewelry - Topix.net
According to Zacks, "Product innovation and continued momentum of the Fossil brand have been the company's growth catalysts. Fossil's connected wearables and smartwatches are also expected to bring a unique branded experience for customers.
Tags: group
hold
upgraded
fossil
Bill Gates calls fossil fuel divestment 'false solution'
2015-10-14 15:41:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Bill Gates has branded fossil fuel divestment a false solution and accused environmentalists of making misleading claims about the price of solar power. In an interview with US magazine the Atlantic, the founder of Microsoft and the Gates foundation criticised the global movement that has seen pension funds, universities, churches and local governments commit to pulling $2.6tn out of coal, oil and gas companies. If you think divestment alone is a solution, I worry youre taking whatever...
Tags: bill
solution
calls
false
Fossil Group Receives Average Recommendation of "Hold" from Analysts
2015-10-12 19:36:54| Jewelry - Topix.net
Shares of Fossil Group have been given an average recommendation of "Hold" by the twenty brokerages that are presently covering the stock, MarketBeat reports . Five investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have issued a buy rating on the company.
Tags: group
average
hold
receives
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