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United Kingdom: Why Univ of Edinburgh will not divest from all fossil fuels

2015-05-12 18:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: How universities invest their endowment funds is not normally headline news. But universities have found themselves in an unaccustomed spotlight over the last few months as student campaigners have called on them to withdraw their investments from companies involved in the extraction of fossil fuels. That spotlight can feel harsh when media debate takes an easy, black and white line: are they divesting, or are they not? When we looked at this over the last few months at the University of Edinburgh...

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United Kingdom: Edinburgh University refuses to divest from fossil fuels

2015-05-12 16:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Student campaigners at Edinburgh University have accused staff of being in the pockets of the fossil fuel industry after the University Court refused to divest from fossil fuels, despite recommendations to pull the plug on investments in coal and tar sands. The university court, the highest decision making body in the university, was criticised on Tuesday by students, who say that it has ignored calls from students, staff and alumni to divest from fossil fuel companies. Students also accused...

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How to get your pension fund to divest from fossil fuels

2015-05-09 08:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: As part of the Guardians Keep it in the ground campaign, which is urging the worlds largest charitable foundations to move their money out of fossil fuels, we look at personal divestment and how you can encourage your pension scheme to shift its portfolio or offer divestment options. What you need to know 1. Can I make my pension scheme entirely divest from fossil fuels? There are no legal barriers to a pension fund selling out of fossil fuel investments. The fidicuiary duty of trustees...

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Protesters push Harvard to divest from fossil fuels, but school-backed panel is divided

2015-04-15 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

ClimateWire: Harvard University President Drew Faust convened a panel yesterday led by seven experts on climate policies and energy sources and anchored by a star of the journalism world, Charlie Rose. It came in response to mounting pressure from Harvard students, faculty and alumni on the university to divest its $35.9 billion endowment -- the largest of any college or university worldwide -- from investments in coal, oil and natural gas companies. The panel largely sidestepped the subject of divestment....

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University of Edinburgh recommended to divest from coal and tar sands

2015-04-15 12:41:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: The University of Edinburghs central management group has received a recommendation for the educational institution to divest from companies involved coal and tar sands extraction. The divestment campaign is calling on the university to go further and cut out all fossil fuels. A Fossil Fuel Review Group was established following a public consultation, in which the majority of respondents supported divestment from fossil fuels and arms. The coal and tar sands divestment recommendation will be...

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