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Tag: divestment
$3.4 Trillion: Fossil Fuel Divestment Commitments Break New Record
2015-12-02 13:48:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: The fossil fuel divestment campaign has broken a new record at COP21: More than 500 institutions representing more than $3.4 trillion in assets have made some form of divestment commitment according to 350.org and Divest Invest, two organizations coordinating the growing movement. The new numbers are another impressive leap for the divestment effort, although campaigners are quick to point out that some of the commitments are only partial divestments and the $3.4 trillion represents the total...
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Allianz makes a 2 trillion euro statement about coal divestment
2015-11-24 10:11:40| Telecom - Topix.net
German broadcaster ZDF quoted Allianz chief investment officer Andreas Gruber as vowing to shift investments out of coal and into renewables. Allianz is the latest big company turning its back on coal, with the German financial services giant vowing to offload significant coal holdings within six months.
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Allianz makes a 2 trillion euro statement about coal divestment
2015-11-24 09:14:34| Industrial Machines - Topix.net
German broadcaster ZDF quoted Allianz chief investment officer Andreas Gruber as vowing to shift investments out of coal and into renewables. Allianz is the latest big company turning its back on coal, with the German financial services giant vowing to offload significant coal holdings within six months.
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makes
euro
coal
Bill Gates calls fossil fuel divestment 'false solution'
2015-10-14 15:41:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Bill Gates has branded fossil fuel divestment a false solution and accused environmentalists of making misleading claims about the price of solar power. In an interview with US magazine the Atlantic, the founder of Microsoft and the Gates foundation criticised the global movement that has seen pension funds, universities, churches and local governments commit to pulling $2.6tn out of coal, oil and gas companies. If you think divestment alone is a solution, I worry youre taking whatever...
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false
Harvard Students Appeal Fossil Fuel Divestment Case
2015-10-08 20:50:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: Students continued their legal fight to compel Harvard University to divest its endowment from fossil fuel companies this week, filing an appeals brief for their landmark lawsuit in the Massachusetts Appeals Court. Their latest effort has garnered high-profile support in the form of amicus briefs from prominent climate scientist James Hansen and from the Animal Legal Defense Fund (ALDF). The students also have support from the City of Cambridge, where Harvard is located. We're back in court, filing...
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