Sentences with phrase «fossil fuel investments»
With these, we took an average percentage (10 %) as the proportion of fossil fuel investments in the fund / vehicle.
gofossilfree.org
Report after report has shown that investing in clean energy, efficiency, and other sustainable technologies can be competitive with fossil fuels investments (1).
Yet while money may be flowing away from many fossil fuel investments, investing in solar projects has traditionally been somewhat cumbersome — requiring significant capital, legal expertise, and industry connections.
Renewable energy sources like wind and solar continue to drop in price, thus making fossil fuel investments less practical.
We can not talk about climate finance without talking about fossil fuel investment.
Yes, let's get out of fossil fuel investment.
The University of Edinburgh will move away from fossil fuel investments in the next three years.
And so here you have a situation where you've got $ 4 billion of energy and fossil fuel investment on a floodplain in the era of climate change.
Individuals may take action, and call on world leaders to divest from fossil fuel investments by joining the «Fossil Free» and «Stop Funding Fossils» movements online.
New York City announced it filed a multibillion dollar lawsuit against five top oil companies, citing their «contributions to global warming,» as it said it would divest fossil fuel investments from its $ 189 billion public pension funds over the next five years.
But on Thursday, Harvard University President Drew Gilpin Faust released a long and reasoned explanation of why the school will not remove fossil fuel investments from its portfolio.
A script pulled out the direct fossil fuel investments using
Previous Carbon Tracker research has shown how the rapid growth of clean technologies is undermining the business case for fossil fuel investment irrespective of climate targets.
Druckenmiller says that eliminating fossil fuel investments would mean that Bowdoin Investment Committee would not be able to invest with key asset managers.
A script pulled out the direct fossil fuel investments using the Carbon Underground 200 that identifies the top 100 public coal companies globally and the top 100 public oil and gas companies globally, ranked by the potential carbon emissions content of their proven reserves.
New York Governor Andrew Cuomo previously has said he planned to halt future fossil fuel investments in the state's public employee pension fund.
The ConBrio B.E.S.T. Income Fund had the highest level of fossil fuel investment out of those we looked at.
The University of Cambridge has chosen to keep nearly six billion pounds of fossil fuel investments despite... More
The Church of England is to vote on whether to sell off its remaining fossil fuel investments from its... More
Over the past legislative session, the issue of divesting state pension funds of fossil fuel investments received considerable debate both in the State House and around Vermont.
But fossil fuel investment performance has generally slogged in recent years as clean energy continues to expand its share of the global energy market.
Recently, after over five years of community campaigning for New York to divest from fossil fuels, City Comptroller Scott Stringer and Governor Andrew Cuomo each released separate proposals to freeze all current fossil fuel investments, divest New York's public pension -LSB-...]
[Insert, Oct. 15, 9:29 p.m. Two leaders of the student movement against fossil fuel investments at Harvard, Chloe Maxmin and Hannah Borowsky, have challenged Faust's decision.
We then analysed them manually picking out the pooled investment funds / vehicles that, from our research, we knew to contain fossil fuel investments.
Maintaining the momentum, and not forgetting where we started out, we rejoined with our Divest London friends at the beginning of 2016 with a sea - shanty / flooding themed event at City Hall, and celebrated a short while later when all four leading candidates for Mayor of London committed to work to phase out London - wide fossil fuel investments.
We need to sustainability proof the future EU budget and make it serve the public good, promote social inclusion and strengthen European values, instead of wasting taxpayers» money on dirty fossil fuel investments, harmful and outdated farming practices, and large scale infrastructure projects that damage our health, destroy our environment, and jeopardise the safety and prosperity of our children.
«The 124 - mile Constitution pipeline, planned to run through five counties and two states, and hundreds of waterways is the sort of massive fossil fuel investment that would have locked our region into continued extraction and burning of fossil fuels and irreparably damaged precious water resources at a time when we need instead to be protecting these resources and speeding the transition to 100 percent renewable energy for all.
In addition to this effort, I authored the legislation creating the District's first Climate Change and Resiliency Commission; I led the fight to have the District's retirement and pension funds divest from carbon and fossil fuel investment holdings; I wrote several bills to expand opportunities for solar installation; and I led the effort to name 2018 as the Year of the Anacostia River to celebrate and bring attention to the river on the eastern half of our city.
Meanwhile, IRENA estimates that the overall stranded asset risk doubles to more than $ 20tn if rapid decarbonisation of the energy sector is delayed to 2030 and fossil fuel investments continue to rise.
Says the report: «Increasingly, worldwide regulations are leaving fossil fuel investments as stranded assets with pension funds heeding the call to divest from fossil fuels and invest in green technologies.
Super funds and banks are becoming under increased pressure to divest thermal coal and other fossil fuel investments and account for their lending and direct equity portfolios.
A video summarizing the new IEA report provides a quick overview of a dramatic drop in fossil fuel investment which accounted for virtually all of the global spending decrease since 2014.
«Failure to do so, can have serious financial consequences on the viability of such projects,» the company stated, although «those [underwriters] with large fossil fuel investments would never be our first choice.»
For example, the recent declines in upstream fossil fuel investment illustrate the need for policy coordination.
The Labour, Lib Dem, and Green manifestos are, if anything, even more encouraging for the green economy, promising a faster pace of decarbonisation, generally higher levels of investment in clean technologies, and a more responsible approach to curbing fossil fuel investment, most notably through a ban on fracking.
Still, with an increasing number of economists warning of fossil fuel investments becoming «stranded assets», there's a sound economic case to be made for divestment.
I simply reflected what a number of other organisations have been promoting about sounding a note of caution internationally on the need to carefully consider fossil fuel investment in the light of their life - cycle carbon emissions.»
Individuals may take action, and call on world leaders to divest from fossil fuel investments by joining the `
Recent reports from Impax Asset Management (PDF), MSCI (PDF) and Aperio Group (PDF) support the claim that removing fossil fuel investments from portfolios has a negligible impact.
The implications of all this however are not just the risks for fossil fuel investments but the enormous upside inherent in the transition to the new energy economy.
NEW YORK (Reuters)- New York City announced on Wednesday that it filed a multibillion dollar lawsuit against five top oil companies, citing their «contributions to global warming,» as it said it would divest fossil fuel investments from its $ 189 billion public pension funds over the next five years.
NYC Mayor Bill de Blasio and Comptroller Scott Stringer say the divestment of roughly $ 5 billion in fossil fuel investments out of a total of $ 189 billion over five NYC pension funds is the largest of any municipality in the United States to date.