Five years later, Comptroller Stringer continues to oversee more than $ 3 billion invested
in fossil fuel corporations like ExxonMobil.
We're stuck between looking at a short term grab for stockholders
in fossil fuel corporations, or whether we want life on earth to be possible for humans over the long term.
On the recent Do the Math tour, Bill McKibben, Rev. Lennox Yearwood, author Naomi Klein and other speakers and a team of organizers launched a campaign calling on churches, colleges, and others to divest their stock portfolios of investments
in fossil fuel corporations — as was done in the the 1970s and 1980s as part of delegitimizing the apartheid regime in South Africa.
Not exact matches
Archbishop Desmond Tutu, one of the most revered figures of South Africa's anti-apartheid struggle and a key backer of the divestment campaign that helped end the system, was an early backer of
fossil fuel divestment and said
in 2014: «People of conscience need to break their ties with
corporations financing the injustice of climate change.»
BC Chamber of Commerce massively promotes and supports these
fossil fuel and energy projects, since they believe it enhances «business growth»
in BC, and since it appears only money talks
in this province, boycotting their membership is a first step
in demanding those
corporations take an ethical stand for the protection of BC on this matter.
Oil and gas companies, the most profitable
corporations in history, are counting their
fossil fuel reserves as money
in the bank and continuing to spend capital on finding and developing even larger reserves.
The companies include Chevron Corp., ExxonMobil, ConocoPhillips Co., BP, Royal Dutch Shell and Peabody Energy Corp. «The American people deserve answers from the
fossil fuel corporations about their actions to massively deceive the public
in regards to climate science,» Lieu and Welch wrote
in a letter to their House colleagues asking for their support.
«Conservative think tanks, conservative media,
corporations, and industry associations (especially for the
fossil fuels industry)-- domains dominated by conservative white males — have spearheaded the attacks on climate science and policy from the late 1980s to the present,» McCright and Dunlap concluded
in their study.
And, although a few projects such as the Sleipner gas field
in the North Sea or oil fields owned by the EnCana
Corporation in Calgary, Alberta have proved that CO2 can be pumped underground and remain trapped below cap rock, they are aimed at enhancing recovery of the
fossil fuels in those fields rather than permanently storing the greenhouse gas.
--(A)
In all calendar years following its establishment, the
Corporation shall collect an assessment on distribution utilities for all
fossil fuel - based electricity delivered directly to retail consumers (as determined under subsection (f)-RRB-.
Tesoro
Corporation plans to foster the development of biocrude, made from renewable biomass, which can be co-processed
in its existing refineries along with conventional
fossil crude oil to produce lower - carbon drop -
in fuels.
With Trump and the Republicans running the Government, look for the transition to clean energy and EVs to be delayed as long as they can make it happen and as long as the
fossil fuel corporation can bribe them to act
in their interests and not the people's best interest.
The attacks on climate science have nothing to do with any actual political ideology, and everything to do with the ONE BILLION DOLLARS PER DAY PROFIT that the
fossil fuel corporations want to keep raking
in for as long as they can get away with it.
It is not surprising that the eco-pragmatists attract support from conservatives who have doggedly resisted all measures to cut greenhouse gas emissions, defended the interests of
fossil fuel corporations, and
in some cases worked hard to trash climate science.
AGW denialism has been manufactured by a generation - long campaign of deliberate deceit, funded by ExxonMobil and Koch Industries and other
fossil fuel corporations that collectively rake
in one billion dollars per day
in profit from the ongoing business - as - usual consumption of their destructive products.
I would respectfully suggest that «policy - makers within the GOP» have suffered much more «damage» from the millions of dollars
in campaign contributions they receive from the
fossil fuel corporations.
New statistics developed by the Bank Information Center show that the World Bank Group's private sector arm, the International Financial
Corporation (IFC), increased its lending for
fossil fuel projects by a staggering 165 %
in FY2008 [1].
What that sciencey - sounding gibberish about «unproved variables» means is that you don't want to see trillions of dollars
in wealth shift from the
fossil fuel corporations to other sectors of the industrial economy, therefore, anthropogenic global warming can not be true.
Reducing
fossil fuel use won't «shrink the economy» — quite the opposite — but it will result
in the transfer of trillions of dollars
in investments, capital and profits from the
fossil fuel corporations to other sectors of the industrial economy.
The intelligence agencies, military, non
fossil fuel corporations, banks, and universities are not interested
in arguing this point, because the facts are obvious.
Many
corporations not directly involved
in fossil fuels and timber are ahead of the people and the politicians on these issues.
Efforts to reduce
fossil fuel use are under way at every level of government — national, state, and city — as well as
in corporations, utilities, and universities.
Doesn't matter how big global estimated potential oil reserves are
in total: when an oil company has diminishing access to state - controlled
fossil fuels it may be experiencing its own peak - as a
corporation.
The warnings have been ignored or ridiculed at the international, national, state and even local level, thanks
in part to a well - funded, right - wing campaign representing the short - term interests of heavy industry, mining and
fossil fuel corporations.
The companies include Chevron Corp., ExxonMobil, ConocoPhillips Co., BP, Royal Dutch Shell and Peabody Energy Corp. «The American people deserve answers from the
fossil fuel corporations about their actions to massively deceive the public
in regards to climate science,» Lieu and Welch wrote
in a letter to their House colleagues asking for their support.
That will look like a number of things, first, continuing fights around the world to keep
fossil fuel in the ground, and second, continuing to follow the money and expose the
corporations and industries that stand
in the way of progress.
The central allegation that stands against Dr Soon is that he had had a «conflict of interest»
in that he had received much of his research funding from
fossil -
fuel corporations and foundations but had failed to declare it
in a dozen of his 60 published papers.
Francis said that wealthy nations and multinational
corporations that use foreign debt as a way to control poorer countries, while exploiting their natural resources and polluting their land and water, owe them an «ecological debt» by limiting consumption of
fossil fuels and assisting them
in more sustainable development.
As Matthew Yglesias articulated last year
in a thoughtful piece on Slate, divestment by socially responsible investors, universities and even governments won't starve capital flows to
fossil fuel corporations anytime soon.
June 1, 1983 Mobil Oil
Corporation status report published
in the company's environmental affairs and toxicology department discusses the atmospheric greenhouse effect, and asks the question, «is burning
fossil fuels affecting world climate?»
We, 93 civil society organisations working
in Brussels and
in countries affected by EU climate policies, are therefore deeply concerned that the same polluting
corporations whose actions largely contribute to climate change - chief among them
fossil fuel companies and their lobby groups - are using their involvement
in the UNFCCC talks to delay action and hold back the needed ambition.
Like Scaife and Gulf Oil, Olin made his bucks
in part from the
fossil fuel industry via the Olin
Corporation, which manufactured blasting powder for coal mining companies.
(B) The
Corporation is authorized to adjust the assessments on
fossil fuel - based electricity to reflect changes
in the expected quantities of such electricity from different
fuel types, such that the assessments generate not less than $ 1.0 billion and not more than $ 1.1 billion annually.
Fossil fuel corporations know they're not the future, yet they're determined to keep us stuck
in the past.
--(A)
In all calendar years following its establishment, the
Corporation shall collect an assessment on distribution utilities for all
fossil fuel - based electricity delivered directly to retail consumers (as determined under subsection (f)-RRB-.
The letter specifically aims the RICO act at «
corporations in the
fossil fuel industry and their supporters»... who do you think the «supporters» are?
If
corporations in the
fossil fuel industry and their supporters are guilty of the misdeeds that have been documented
in books and journal articles, it is imperative that these misdeeds be stopped as soon as possible so that America and the world can get on with the critically important business of finding effective ways to restabilize the Earth's climate, before even more lasting damage is done.
But with
fossil fuel burning continuing at near record levels globally, and with many
corporations and political bodies around the world dragging feet on greenhouse gas emissions cuts, the level of heat - trapping carbon held aloft
in our airs will continue to rise for some time.
The Koch Brothers» supposed «free market» political activities often line up with the financial interests of Koch Industries, the 2nd largest privately held
corporation in the United States and a major
fossil fuel conglomerate (invested
in coal, oil, and natural gas among many other sectors).
Exxon Mobil, a massive
fossil fuel corporation, has a lot of money to invest
in scientific research about
fossil fuels.
Mike Brune, the head of the Sierra Club — an organization that is on the record accepting tens of millions of dollars from
fossil fuel and renewable energy investors and
corporations with an interest
in shutting down nuclear plants — falsely accused «Pandora's Promise» of being associated with the nuclear industry.
At a meeting
in Exxon
Corporation's headquarters, a senior company scientistdelivered a sobering message: carbon dioxide from the world's use of
fossil fuels would warm the planet and could eventually endanger humanity.
Fossil fuel corporations have five times more oil and coal and gas
in known reserves than climate scientists think is safe to burn.
The
fossil fuel companies use «political payola» (bribes) to influence a majority
in Congress to create and sustain pollution practices... while also sustaining inefficient, «dirty energy» policies that help optimize the profits of these corrupt, wealthy
corporations.
Unlike Koch, most of those fortunes did not come from owning a
corporation like Koch Industries, historically rooted
in fossil fuel operations.
Fossil fuel companies have arguably become the most powerful
corporations in history.
McKibben is considered the father of the «divestment» movement — defined as applying pressure on universities and
corporations to end all investments
in fossil fuel companies or other industries that contribute significant amounts of CO2 into the atmosphere.
In this case, your unsupported generalization that «the electorate could not care less» about climate change was rebutted with actual opinion polls showing that significant majorities of «the electorate» do, in fact, care a good deal, and consider the issue a priority for the President and the Congress, and support policies to regulate GHG emissions and to hold fossil fuel corporations responsible for the full costs of their product
In this case, your unsupported generalization that «the electorate could not care less» about climate change was rebutted with actual opinion polls showing that significant majorities of «the electorate» do,
in fact, care a good deal, and consider the issue a priority for the President and the Congress, and support policies to regulate GHG emissions and to hold fossil fuel corporations responsible for the full costs of their product
in fact, care a good deal, and consider the issue a priority for the President and the Congress, and support policies to regulate GHG emissions and to hold
fossil fuel corporations responsible for the full costs of their products.
Yes, the biggest users of all energy, and
fossil fuel energy especially, are the global
corporations (bigger than nations), and government, and the rest of business... not the residents of either middle - income US suburbs or farming villages and cities
in China.
Except of course for the
fossil fuel corporations, who will see their hundreds of billions of dollars
in profits shift to other sectors of the economy.