Traditional fossil -
fuel investments account for a big chunk of those energy bets, which has sparked a showdown between student activists who say it is morally wrong to support an industry contributing to global climate change, and colleges and universities under pressure to raise funds for financial aid and facilities.
Not exact matches
Today the share of fossil
fuels account for 87 % of all energy use and despite growing
investments in renewable energy, this figure has been constant the last twenty years.
Behind Germany and ahead of some of the oil producers, it runs the largest current
account surplus in the world, which means that it is exporting its excess savings in a world that has nowhere to put the money, and so the world must respond either with speculative asset bubbles, unproductive
investment, debt -
fueled consumption binges or unemployment.
A small but growing number of countries now have legal requirements for institutional investors to report on how their
investment policies and performance are affected by environmental factors, including South Africa and, prospectively, the EU.36 Concern about the risks of a «carbon bubble» — that highly valued fossil
fuel assets and
investments could be devalued or «stranded» under future, more stringent climate policies — prompted G20 Finance Ministers and Central Bank Governors in April 2015 to ask the Financial Stability Board in Basel to convene an inquiry into how the financial sector can take
account of climate - related issues.37
The chief drivers have been high current
account deficits
fuelled (literally) by oil - the sluggishness of the Indian economy driving out foreign
investments, which had been impacted by the tapering of the quantitative easing program of the Federal Reserve Read more -LSB-...]
-- Targeted energy efficiency measures in buildings, industry and transport
account for nearly half the emissions reduction in 2020, with the additional
investment required being more than offset by reduced spending on
fuel bills.
We see the connections between the money flowing into fossil
fuel investments, and the money flowing from fossil
fuel businesses directly into politicians» bank
accounts.»
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.
Plan of action - CO2 emissions tax, deregulate low polluting technology and remove current barriers of new technology per usual pick and choose government interference, facilitate standards to coordinate national and international energy development, subsidize ultra low polluting power generators and
fuel to poor countries,
investment dollars awarded to highest rate of return for CO2 emission reduction upon global market, rate tax expenditures and promising technology by independent
accounting agency bonded to ensure loss of political and personal cronyism influence.
Congress gave the EPA discretionary power to set what is called the Renewable
Fuel Standard to take into
account the state of
investment, innovation, and capabilities of the biofuels sector.
Such an analysis does not even take into
account the long - term
investment implications of the argument that if climate change is to be limited to a global increase in temperatures of 2 degrees Celsius, no more than 20 percent of all fossil
fuel reserves
accounted for at present can be burned.
However, his landmark report was, in part, misunderstood, because while everyone focused on the market failure of not putting a price on carbon it also identifed five other market failures that
fuel the climate crisis: a failure of R&D
investment; a failure of capital infrastructure
investment; a failure to build networks where benefits are shared; a failure to
account for co-benefits; and a failure of information distribution
Strong economic growth in China
fueled by exports and foreign direct
investments and the appreciation of the yuan from 2008 through 2015 likely
account for the sharp increase in Chinese foreign buyer purchases.