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Fossil Fuel Divestment Pledges Surpass $2.6 Trillion

2015-09-22 16:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Global Coalition Announces Major Commitments as World Leaders Gather at UN; Thousands of new commitments represent a 50-fold increase in one year. The movement to divest from fossil fuels and invest in renewable energy and climate solutions has exploded, growing 50-fold in just one year and topping $2.6 trillion (1.68tn), according to a new analysis released today. More than 400 institutions and 2,000 individuals have pledged to divest from fossil fuels, the report from Arabella Advisors found....

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Tim DeChristopher: We Need to End All New Fossil Fuel Leases on Public Lands

2015-09-18 20:33:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: Tim DeChristopher, co-founder of the new Climate Disobedience Center and outspoken climate justice activist, is calling for an end to all new fossil fuel leases on public lands and oceans. He argues that declaring unleased oil, gas and coal on public lands as "unburnable" would accomplish more in the global fight against climate change than any other single action taken by the Obama administration. He argues that it could prevent 90 times more carbon emissions from being emitted than Obama`s Clean...

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Fossil Group Receives Average Recommendation of "Hold" from Analysts

2015-09-17 16:57:15| Jewelry - Topix.net

Shares of Fossil Group have been given an average recommendation of "Hold" by the twenty ratings firms that are covering the company, Market Beat.com reports . Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating on the company.

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Exxon's own research confirmed fossil fuels' role in global warming decades ago

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

InsideClimate: At a meeting in Exxon Corporation's headquarters, a senior company scientist named James F. Black addressed an audience of powerful oilmen. Speaking without a text as he flipped through detailed slides, Black delivered a sobering message: carbon dioxide from the world's use of fossil fuels would warm the planet and could eventually endanger humanity. "In the first place, there is general scientific agreement that the most likely manner in which mankind is influencing the global climate is through...

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Is Your Retirement Invested in Fossil Fuels?

2015-09-15 15:52:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: With more than 91 million Americans having $5.6 trillion invested in the five major fund families that control recordkeeping at 75 percent of all employer-sponsored retirement plans, youve got to figure that many people are investing in companies not aligned with their values. With divest from fossil fuel campaigns gaining significant momentum, even if you want to divest from carbon, how can you really be sure your money is invested in companies you want to see prosper? Fortunately for people that...

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