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Tag: fossil
100 philanthropic organisations have pledged to divest from fossil fuels
2015-07-01 12:22:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: One hundred philanthropic trusts, foundations and family offices, with over $5 billion (3.2bn) in assets under management, have now committed to divesting from fossil fuels and supporting the low carbon economy. Eighteen philanthropic organisations have made their commitment public today, joining existing signatories, including the Rockefeller Brothers Fund and Ben & Jerrys Foundation. Amongst the new signatories are the Ashden Trust and Joseph Rowntree Charitable Trust. The fossil fuel divestment...
Tags: organisations
fossil
fuels
pledged
Renewables Are Cheapest Energy Option When Fossil Fuel Subsidies Are Removed, Says REN21
2015-06-27 18:34:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: A significant threshold has been crossed by renewable energy as analysts report that the sector's size last year reached double the level it was at just 10 years earlier. This expansion happened in a year when the global economy and energy use both grew, but without a matching rise in emissions of carbon dioxidethe main greenhouse gas targeted in efforts to restrain global warming. The report by REN21, a global renewable energy policy network, says the result is an example of sustainable development....
Tags: option
says
energy
removed
Fossil fuel divestment alone will not halt climate change: Gates
2015-06-26 23:07:00| Climate Ark Climate Change & Global Warming Newsfeed
Agence France-Presse: Fossil fuel divestment would be ineffective on its own as a means of halting global warming, software billionaire and philanthropist Bill Gates said Friday. Pulling money out of carbon-heavy industry must be coupled with large spending on alternative technologies to make any difference, said the Microsoft mogul who is under fire for his charitable Bill and Melinda Gates Foundation's reported $1.4-billion (1.3-billion-euro) investment in carbon-spewing companies like BP. The Financial Times reported...
Tags: change
fuel
climate
gates
Lutheran World Federation to refrain from fossil fuel investments
2015-06-24 01:00:00| Power Technology
The Lutheran World Federation (LWF), a communion of Lutheran churches has decided not to invest in fossil fuels any further and has called on its member churches in Switzerland to do the same, in order to meet its climate commitment.
Tags: world
fuel
investments
federation
UN: clean energy investment can support economy more than fossil fuels
2015-06-23 13:30:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: Transitioning to renewable energy sources can create more jobs and positively benefit economies, according to a new report. The paper argues that investment in clean energy, rather than fossil fuels, will boost job creation. The research, from the UN Industrial Development Organisation (UNIDO) and the Global Green Growth Institute (GGGI), states that countries that sustain annual investments in energy efficiency and renewables at a rate of 1.5% of GDP will maintain healthy economic growth rates...
Tags: support
energy
investment
clean
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