Sentences with phrase «fuel companies all»

The combination of needing to limit carbon dioxide emissions and having fossil fuel companies that are valued by their proven reserves is what Carbon Tracker, a non-profit organization, is calling the «Carbon Bubble» in their new report, «Unburnable carbon 2013: Wasted capital and stranded assets.»

Beginning as a movement in 2011, young people on campuses across the US were determined that their college or university should not be putting money into fossil fuels, and urged their schools to divest their endowments away from fossil fuel companies.

Along with other major fossil fuel companies, it deceived the public about the risks of its products and kept us on a path of unabated fossil fuel extraction.

Their purpose is to «bring down the fossil fuel companies,» according to one climate activist.

Already, supporters have drawn on the research from the study to call for forcing fossil fuel companies to pay for the costs of «climate damages,» including damage due to hurricanes and flooding.

Trump's climate policy, in practice means that if the interests of fossil fuel companies and democracy conflict, abolish democracy.

This paper examines Chevron's current disclosures in the context of Carbon Tracker's April 2015 Blueprint, where we identified the key company information needed by investors to understand whether and how fossil fuel companies are managing energy transition risk.

If action is taken to tackle climate change, the study found the financial losses would be reduced overall, but that other assets such as fossil fuel companies would lose value.

Fossil fuel companies are taking millions of years worth of carbon, once stored beneath the earth as fossil fuels, and releasing it into the atmosphere.

It would also immunize fossil - fuel companies from lawsuits for damages done by their products — lawsuits such as those bound to arise from the revelations that ExxonMobil and other companies knew for decades about the climate damages their products cause, and lied about it.

The main point here is that everyone, including the fossil fuel companies, have known this for a long time.

State pensions must divest from fossil fuel companies, and a Green Energy Development Bank to leverage public and private funds toward clean energy investment is to be created.

It's hard to understand why (mainly conservative) state governments are opposing the RET when they could be divested themselves of outdated, polluting coal - fired generators while picking up taxes from renewable energy related industries and services — unless of course the same state governments are getting healthy and frequent «donations» from various fossil fuel companies.

Paris stamps approval on the idea of a carbon bubble: that fossil - fuel companies carry massively inflated stock values, because most of their reserves of fuel will never be burned (that's what the accord's aspirational goal of 1.5 degrees C means).

will produce a large loss of wealth for fossil fuel companies.

In our view, fossil fuel companies and their shareholders are exposed to the following key risks associated with climate change.

Divesting of all direct securities holdings in fossil fuel companies within the next five years; 3.

The idea, proposed by Hansen, is simple: a fee on carbon emissions collected from fossil - fuel companies, with 100 percent of the money rebated to legal residents on a per capita basis.

Once the financial impact of stranded assets are factored in, the carbon bubble will collapse with large financial consequences for fossil fuel companies and their owners.

There's a big PR campaign going on here, though — mining & fossil fuel companies and some conservative business groups are running ads in all the major papers alleging it'll destroy the economy, drive up the cost of everything, and not make any difference globally.

By withdrawing investments from fossil fuel companies or campaigning as shareholders for them not to develop new reserves;

The fossil fuel companies will pass the cost on to customers, but the person doing better than average in limiting fossil fuel use will make money.

C. Technically, it is still possible to solve the climate problem, but there are two essential requirements: (1) a simple across - the - board (all fossil fuels) rising carbon fee [2] collected from fossil fuel companies at the domestic source (mine or port of entry), not a carbon price «scheme,» and the money must go to the public, not to government coffers, otherwise the public will not allow the fee to rise as needed for phase - over to clean energy, (2) honest government support for, rather than strangulation of, RD&D (research, development and demonstration) of clean energy technologies, including advanced generation, safe nuclear power.

Recently, a scientist named Jagadish Shukla penned a letter to the White House asking that fossil fuel companies be investigated under anti-racketeering laws for funding disinformation campaigns about global warming (a campaign we know they did and have continued to do).

He is most recently the founder of the advocacy group 350.org which has led campaigns against the Keystone XL oil pipeline and on behalf of campus divestment from fossil fuel companies.

Mykura contends that the allegation that 10 of the film's protagonists have been paid by fossil fuel companies or lobby groups funded by such companies «is a gross exaggeration that can be traced to blog gossip.»

Fear of stranded assets motivates fossil fuel companies to oppose responsible climate risk management and prop up climate science deniers

Along with falling gas prices, they've slashed the profits of fossil fuel companies, which are delaying dozens of billion - dollar projects and laying off thousands of workers.

Open and transparent like the fossil fuel companies.

Holding corporations legally accountable for climate change is a tough challenge because of regulatory and jurisdictional issues, statutes of limitation, the difficulty of assigning specific damages to any one company, and fossil fuel companies» arguments that they acted prudently based on their assessments of risk at the time.

Exxon and other fossil fuel companies could face «a huge universe of potential plaintiffs» in civil liability suits in coming years, said Carroll Muffett, a lawyer who is president and CEO of the Center for International Environmental Law, with offices in Washington and Geneva.

Britain's most respected newspaper is urging readers to sign a petition by 350.org demanding that the Gates Foundation and the Wellcome Charitable Trust divest from the world's top 200 fossil fuel companies within five years.

Global average temperature rise is limited to between 2.4 °C (50 % probability) and 2.7 °C (66 % probability) by 2100 in this scenario — far below the BAU trajectory towards 4 °C and beyond used by fossil fuel companies.

Benefits of the carbon fee - and - dividend (in which an across - the - board rising carbon fee is collected from fossil fuel companies at the domestic mine or port — of - entry, with 100 % of the money given to the public, an equal amount to each citizen) include the following:

The so - called «carbon bubble» is the result of an over-valuation of oil, coal and gas reserves held by fossil fuel companies.

The prospects are awful when fossil fuel companies play both sides of the fence — oil companies such as Shell and ConocoPhillips have also put money into geoengineering.

In truth 10 of its protagonists have either been funded directly by fossil fuel companies, or have received paid employment from lobby groups funded by these companies, which campaign against taking action on climate change (11).

Pawa is one of many lawyers who, along with advocacy groups, have struggled to hold Exxon and other fossil fuel companies legally accountable for climate change.

Fossil fuel companies make billions of dollars, yet our Governor keeps their interests in mind while people are dying in his own state.

Potentially stranded fossil fuel assets are largely why responsible climate risk management is being opposed today by fossil fuel companies and libertarian right - wing forces.

Stopping any new direct investments in fossil fuel companies, as listed in Carbon Tracker reports; 2.

Another frequently mentioned option is for Attorney General Eric Schneiderman of New York to invoke the state's powerful stock - fraud statute, the Martin Act, as the state has done in recent years to force other fossil fuel companies to disclose more about the financial risks they face from climate change.

Read more about the cities» lawsuits: Climate Legal Paradox: Judges Issue Dueling Rulings for Cities Suing Fossil Fuel Companies

Judicial review is about to meet peer review in a federal courtroom in San Francisco, where sparring cities and fossil fuel companies have been called to brief U.S. District Judge William Alsup this Wednesday on the basics of climate change.

• Washington state's King County files a climate change lawsuit against five prominent fossil fuel companies and asks them to establish a fund to pay for the effects of global warming.

Fossil Fuel companies need to come clean on climate risks post Paris Proposals launched to ensure...

LONDON, NEW YORK March 8 — Fossil fuel companies risk wasting $ 1.6 trillion of expenditure by 2025 if they base their business on emissions policies already announced by governments instead of international climate goals, Carbon Tracker warns in a report released today, that models the IEA's 1.75 C scenario for the first time.

Instead of offering fossil fuel companies fig leaves for our climate crisis, Governor Brown should be holding them accountable for destroying our planet.»

«While Americans have rallied in support of clean renewable energy at home, the U.S. Export - Import Bank has made it a priority to handout money to fossil fuel companies to work on projects abroad,» said Kate DeAngelis of Friends of the Earth U.S. «If Trump gets his way, U.S. Export - Import Bank will become a slush fund for Big Oil's plans to accelerate climate change.

Hours before the first story hit, Daniel Melling — who is hosting an event Thursday entitled «Holding Fossil Fuel Companies Liable for Climate Change Harms in California,» along with the Union of Concerned Scientists and Bill McKibben — broke the news of Richmond's filing before a press release was even available.