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Tag: divestment
Vermont lawmakers to revisit fossil fuel divestment
2014-10-26 03:06:47| Chemicals - Topix.net
Climate change activists will renew their call for the state to divest from coal, oil and gas companies, and one lawmaker says he will introduce first-in-the-nation legislation to do so. In the 2014 legislative session, a divestment bill was thwarted by concerns it would risk the growth of state employees' retirement funds.
Tags: fuel
vermont
fossil
lawmakers
Fossil fuel divestment campaign targets high street banks
2014-10-20 12:43:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: Customers of Britains biggest banks are to demand that high street institutions stop using their savings and investments to finance the fossil fuel industry, in a major new divestment campaign launched on Monday. The Divest! campaign, launched by the ethical banking reform group Move Your Money, calls on customers to write to their banks and threaten to withdraw their savings, unless they pledge to cease investment in the polluting industry. A template letter available online gives the big...
Tags: high
street
banks
campaign
More Australian universities push for fossil fuel divestment
2014-10-20 12:42:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: Shortly after the Australian National University (ANU) divested from seven fossil fuels firms, gaining criticism from the government, more universities are being pressured by academics and students to follow suit, in order to avoid dangerous effects of climate change on the economy, health and environment. Three members of the Group of Eight universities formed by leading Australian education institutions are expected to receive pressure from faculty members and student groups in order to...
Tags: australian
push
fuel
universities
Divestment campaign urges customers to boycott banks which support fracking and fossil-fuel industry
2014-10-20 01:17:00| Climate Ark Climate Change & Global Warming Newsfeed
Independent: Customers of Britains biggest banks are threatening to close their accounts unless the institutions cut all ties with coal, tar sands, fracking and other fossil-fuel industries as part of a new campaign launched today. The attempt to force Britains Big Five banks into ending their 66bn involvement with dirty energy marks a new direction for the growing divestment campaign, as part of which this month the University of Glasgow pledged to stop investing in fossil fuels. The new campaign...
Tags: support
industry
customers
banks
ExxonMobil Blasts Divestment Advocates Who Are Happy to Strike a Nerve
2014-10-19 00:38:25| Energy - Topix.net
ExxonMobil blasted fossil fuel divestment advocates as "out of step with reality," in a recent blog post . Activists, who want nonprofit institutions such as universities and churches to dump their stock in fossil fuel companies, celebrated in response by interpreting Exxon's criticism as a sign that recent divestment victories are troubling energy companies.
Tags: happy
strike
nerve
advocates
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