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Rockefellers pledge $50bn divestment from fossil fuels

2014-09-22 14:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The Rockefellers, who made their vast fortune on oil, and other philantrophic organsiations and high-wealth individuals on Monday will announce pledges to divest a total of $50bn from fossil fuel investments. The Global Divest-Invest coalition will announce new pledges and members one day before 120 heads of state address the United Nations on how their countries will contribute to a global effort to halt a dangerous rise in temperatures. Since the divestment movement launched three years ago,...

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Philanthropies including Rockefellers pledge $50 billion fossil fuel divestment

2014-09-22 13:42:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The Rockefellers, who made their vast fortune on oil, and other philanthropies and high-wealth individuals on Monday will announce pledges to divest a total of $50 billion from fossil fuel investments. The Global Divest-Invest coalition will announce new pledges and members one day before 120 heads of state address the United Nations on how their countries will contribute to a global effort to halt a dangerous rise in temperatures. Since the divestment movement launched three years ago, some...

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Investors pledge to take their money out of firms blamed for climate change

2014-09-22 02:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Independent: The backlash against fossil fuels is growing so fast that nearly 700 financial institutions controlling 30bn of assets have pledged to pull their money out of investments that exacerbate climate change, it emerged yesterday. Among the institutions switching into cleaner power sources are the British Medical Association, the Joseph Rowntree Charitable Trust, and the Quakers, all of whom are part of the dirty-energy divestment campaign. Around 40,000 people marched in London yesterday to demand...

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Labour makes 8 minimum wage pledge

2014-09-21 10:09:53| BBC News | Business | UK Edition

The minimum wage would rise to 8 per hour by the end of the next parliament if Labour wins the general election, leader Ed Miliband promises.

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Australia's emissions pledge is getting easier to achieve, new figures show

2014-09-20 01:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Australias international greenhouse pledge is getting easier to reach, with new calculations obtained by Guardian Australia showing it may now require less than a third of the emissions reductions envisaged despite both major parties insisting it was a substantial commitment. The new figures may explain why the Abbott government remains confident it can meet the target even though it has repealed the carbon tax, has as yet no legislated alternative policy and is contemplating reducing or closing...

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