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Shift from fossil fuels risks popping 'carbon bubble': World Bank

2015-10-10 15:52:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: The transition from fossil fuels must be carefully managed to avoid an economically disastrous bursting of the "carbon bubble," the World Bank's top climate official said on Saturday. Decades of reliance on oil, gas and coal have made them central to the global economy, and polluting industries risk a potentially catastrophic crash as the world shifts to alternative energies, said Rachel Kyte, the Bank's special envoy for climate change. "If we accept that we need to have less carbon in our...

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Harvard Students Appeal Fossil Fuel Divestment Case

2015-10-08 20:50:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: Students continued their legal fight to compel Harvard University to divest its endowment from fossil fuel companies this week, filing an appeals brief for their landmark lawsuit in the Massachusetts Appeals Court. Their latest effort has garnered high-profile support in the form of amicus briefs from prominent climate scientist James Hansen and from the Animal Legal Defense Fund (ALDF). The students also have support from the City of Cambridge, where Harvard is located. We're back in court, filing...

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Fossil Group Downgraded by Oppenheimer

2015-10-06 17:14:37| Jewelry - Topix.net

Other equities analysts have also recently issued research reports about the stock. Piper Jaffray lowered their target price on shares of Fossil Group to $53.00 in a research note on Wednesday, August 12th.

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BNEF: wind and solar boost cost-competitiveness versus fossil fuels

2015-10-06 12:55:32| Green Car Congress

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Dale Vince: Scrap subsidies for nuclear and fossil fuels to create level playing field

2015-10-06 12:29:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: As RenewableUKs State of the Industry report is released today, Britains leading green energy company Ecotricity has challenged the Government to scrap subsidies for nuclear power and fossil fuels to create a level playing field after it slashes support for renewable energy. RenewableUKs State of the Industry report, found the industry had enjoyed incredible recent success with 25% of the UKs electricity now generated from renewable sources. Ecotricity founder Dale Vince said: RenewableUKs...

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