Sentences with phrase «fuel divestment plan»
So news, reported over at Business Green, that Norway's government is reviewing a fossil fuel divestment plan is an extremely big deal indeed.
https://www.treehugger.com/ Not exact matches
Organizations Supporting the Fossil Fuel Divestment Act: 350.org NRDC Sierra Club Atlantic Chapter Citizens Campaign for the Environment Clearwater Food & Water Watch Citizen Action of NY 350NYC NYS Council of Churches Catskill Citizens for Safe Energy Catskill Mountainkeeper Citizens Environmental Coalition of NY Fossil Free & Green NY Green Education and Legal Fund Greenfaith Healthcare Without Harm Jews Against Fracking NY Interfaith Power & Lights People for Animal Rights Plan to Save the Planet, Albany Renewable Energy Long Island Rochester People's Climate Coalition Syracuse Cultural Workers Syracuse Peace Council
Perhaps the appropriate response is a program of divestment, wherein government pension plans and officials scale down and eventually eliminate their holdings of stocks and bonds from fossil fuel companies.
Globally, more organisations are divesting from fossil fuel related investments, including New York city's plans to divest from fossil fuels and sue the fossil fuel industry for the costs of climate impacts on the metropolis, and San Francisco's plan for divestment created early this year.
As conservatives, we must hope that Bill McKibben's master plan for obliterating the U.S. fossil fuel industry via protests, divestment, and phony lawsuits falls flat.
With the divestment plan, the city's pension funds are among the largest investors globally to announce their intention to sell their fossil fuel holdings.
But with mainstream banks questioning the competitiveness of fossil fuels, and with the Governor of the Bank of England describing most fossil fuels as unburnable, divestment (or at least diversification into clean energy investment) is looking less - and-less like gesture politics, and more like a sound plan to protect ourselves from future shocks.
That would also include institutional initiatives such as carbon taxes or permitting plans, policies of divestment from fossil fuel investments, direct political pressure, and the ending of fossil fuel subsidies around the world.
Speaking at a Guardian Live debate on divestment last week, Vince argued: «Simply selling shares of a fossil fuel company doesn't undermine its fundamental business plan.