je.st
news
Tag: divest
Huge Pension Fund in Norway Will Divest Many of Its Coal Holdings
2015-06-05 19:02:00| Climate Ark Climate Change & Global Warming Newsfeed
Yale Environment 360: The Norwegian Parliament has voted to sell off many of the coal-related investments in the governments massive $890 billion pension fund, a significant boost to the growing fossil fuel divestment movement. Norways sovereign wealth fund is the largest such government fund in the world, and parliament voted Friday to order the fund to shift its investments out of billions of dollars of stock in companies that rely at least 30 percent on coal. A spokesman for the firm that manages the governments...
Tags: huge
fund
norway
pension
Large Duke Energy investor to divest shares over coal
2015-05-29 00:00:30| Energy - Topix.net
The Norwegian Government Pension Fund Global, the world's largest sovereign wealth fund, is set to divest all its shares of Duke Energy Corp. and other major coal-burning power companies, according to published reports. The recommendation asks the government to exclude companies deriving more than 30 percent of their revenue or their power production from coal, 350.org reports.
Tags: large
energy
shares
investor
Why the University of Edinburgh must divest from all fossil fuels now
2015-05-24 19:17:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: It was wrong for American Energy Alliance and ExxonMobil to claim that the oil and coal industries are helping people living in poverty in the global south, and it is wrong for Professor Charlie Jeffery to do so too (Why the University of Edinburgh will not divest from all fossil fuels, theguardian.com, 12 May). The worlds poorest people are already facing hardship from climate-related effects on food supply and water. Pitting fossil fuel divestment against the worlds poor is a cynical move...
Tags: now
university
edinburgh
fossil
Boris Johnson's decision not to divest goes against his climate goals for London
2015-05-21 11:27:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Last week the mayor of London rejected the London Assemblys call for City Hall and the 4.8bn London Pensions Fund Authority (LPFA) to divest from fossil fuels. In the Guardian on Friday, Matthew Pencharz, the Mayors senior advisor on environment and energy, expanded on Boris Johnsons rejection, arguing that there needs to be a managed transition away from fossil fuels, to avoid a sudden cliff edge, and that we need domestic fracking to meet our energy demand for the medium term. Its a blow...
Tags: london
decision
goals
climate
University of Washington to Divest from Coal Companies
2015-05-15 15:25:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The University of Washington will remove direct investments in thermal coal from its $2.8bn (1.8bn) endowment, following a vote by the board of regents, its governing body. In a statement on Thursday, the boards chair Bill Ayer said: The regents take very seriously their responsibility for managing the universitys investment portfolio. It has made divestment decisions only a few times on matters it felt represented important values. That we decided to divest from coal companies today reflects...
Tags: university
companies
washington
coal
Sites : [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] [21] [22] [23] [24] [25] [26] next »