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Financial dominoes fall for coal as divestment trends gather steam

2015-06-13 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Daily Kos: Fossil fuel divestment news filled my newsfeed over the past week, adding to a growing list of impressive divestment stories from the past year. Again and again, we see young people convincing their colleges to divest, activists convincing banks to divest, and shareholders convincing companies to divest. Financial dominoes just keep falling for the coal industry, which makes divesting from coal not just a smart move for the climate, but a prudent investment decision as well. SNL Energy just reported...

Tags: fall financial trends gather

 

Can the divestment movement tame climate change?

2015-06-12 20:01:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: An increasingly popular tool in the fight against climate change is emerging - "divestment". The term refers to the shedding of stocks, bonds or other investments, in this case that are held in companies that produce or burn fossil fuels. As the world's leaders prepare for a make-or-break climate summit in November, will divestment change our relationship with fossil fuels - and what might the dangers be, asks our social affairs reporter John McManus? It began with a campaign on US university campuses....

Tags: change movement climate tame

 
 

The fossil fuel divestment movement: top 10 campaign stunts

2015-06-12 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: From giant carbon bubbles to human oil slicks the divestment campaign has been driven by young people and created some of the most imaginative protests

Tags: top movement campaign fuel

 

Fossil fuel divestment is rational, says former Shell chairman

2015-06-04 10:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The former chairman of Shell has said that investors moving their money out of fossil fuel companies is a rational response to the industrys distressing lack of progress on climate change. Sir Mark Moody-Stuart, who spent almost four decades at Shell and rose to be its chairman, also said the big oil and gas companies had been calling for a price to be put on CO2 emissions for 15 years but had done little to make it happen. His striking remarks are the most supportive of divestment made by any...

Tags: chairman shell fuel rational

 

Nestle Waters ends Quezac divestment talks

2015-05-29 18:36:00| Daily beverage news and comment - from just-drinks.com

Nestlé Waters has confirmed that exclusive negotiations with Ardche-based Société des Sources du Pestrin to sell its subsidiary company, Nestlé Waters Supply Centre (NWSC), which bottles the Quézac mineral water brand from a southern France source, have been called off.

Tags: ends talks waters nestle

 

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