The huge financial
investment by fossil fuel interests into electoral politics might reflect how threatened they feel these days.
I would welcome any amount of scientific
investment by fossil fuel interests to research alternative models to the consensus model of Earth's climate.
Not exact matches
The
fossil fuel divestment campaign began on university campuses in 2011 but the new report reveals that concerns over
investments in coal, oil and gas have now entered the financial mainstream, with more than 80 % of the funds now committed to divest being managed
by commercial
investment and pension funds.
Over a year which has seen large banks halt funding for
fossil fuel projects, major institutions divest from oil, gas and coal holdings, and oil companies snap up power and renewables companies in a bid to diversify their asset base, research published today
by the UK Sustainable
Investment and Finance Association (UKSIF) and the Climate Change Collaboration suggests nervousness over climate risk has shot up in financial circles.
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
It is time to not only ban fracking, but halt new
investments in
fossil fuels and related infrastructure, including pipelines, gas - fired power plants, fracking waste dumps,
fossil fuel storage depots in the salt caverns
by Seneca Lake, LNG exports at Port Ambrose, crude oil «bomb trains,» and a tar sands oil heater at the Port of Albany.
The worldwide push for government entities to drop
investments in
fossil fuels comes home to roost in the Empire State: this week New York legislators, led by Senator Liz Krueger, introduced the Fossil Fuel Divestment Act, which would require Comptroller Tom DiNapoli to divest the Common Retirement Fund's holdings in the top 200 fossil fuel companies by
fossil fuels comes home to roost in the Empire State: this week New York legislators, led
by Senator Liz Krueger, introduced the
Fossil Fuel Divestment Act, which would require Comptroller Tom DiNapoli to divest the Common Retirement Fund's holdings in the top 200 fossil fuel companies by
Fossil Fuel Divestment Act, which would require Comptroller Tom DiNapoli to divest the Common Retirement Fund's holdings in the top 200 fossil fuel companies by 2
Fuel Divestment Act, which would require Comptroller Tom DiNapoli to divest the Common Retirement Fund's holdings in the top 200
fossil fuel companies by
fossil fuel companies by 2
fuel companies
by 2020.
Correction: An earlier version of this story misstated the
fossil fuel investments by California's two public pension funds.
The Greens have long advocated a Green New Deal to halt all new
investments in
fossil fuels and to transition to 100 % clean, renewable energy
by 2030.
Implementing key policies and
investments in those three systems — from phasing out
fossil fuels to stopping deforestation to ramping up energy efficiency — could deliver at least half of the emissions cuts needed
by 2030 to lower the risk of dangerous climate change, said Jeremy Oppenheim, the report's program director.
Global energy - related emissions could peak
by 2020 if energy efficiency is improved; the construction of inefficient coal plants is banned;
investment in renewables is increased to $ 400 billion in 2030 from $ 270 billion in 2014; methane emissions are cut in oil and gas production and
fossil fuel subsidies are phased out
by 2030.
a
by 2030 enhance international cooperation to facilitate access to clean energy research and technologies, including renewable energy, energy efficiency, and advanced and cleaner
fossil fuel technologies, and promote
investment in energy infrastructure and clean energy technologies
The transition from deeply rooted energy systems based on burning
fossil fuels to new norms emitting ever less of this gas — here and in China — is seen
by many as requiring a sustained energy quest including much greater direct government
investment on the frontiers of relevant technologies (batteries, photovoltaics, superconductivity, photosynthesis).]
John Bjornson, a crusading climate scientist modeled closely on the retired NASA scientist Jim Hansen, is muzzled
by political appointees and betrayed
by his twin sister and brother in law — both of whom are blinded to looming environmental danger
by their
investments in
fossil fuels.
(Those of us who benefitted from decades of cheap
fossil fuels can do our part
by supporting boosted federal
investments in clean - energy science and technology development — and, yes, deployment.)
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.
by Richard Pollock Daily Caller George Soros made big
investment bets on
fossil fuel companies in the fourth quarter of 2017 even though he claims these firms contribute to climate change, according to a Daily Caller News Foundation investigation.
Carbon taxes are the only policy tool that,
by slashing demand in a rapid, predictable way, divests our economy from
fossil fuels and enables governments, business, and consumers to make
investments in the transition to clean energy.
«Over 100 business leaders worldwide have backed the final recommendations of a global task force set up
by the G20 to disclose how companies manage climate - related risk, in a move that could divert trillions of
investments away from polluting
fossil fuels.»
By withdrawing
investments from
fossil fuel companies or campaigning as shareholders for them not to develop new reserves;
Investments in future
fossil fuel supply are predicated on an assumption of future demand that is often presented in or informed
by corporate energy scenarios.
The new goal, put forth at a tripartite summit meeting this week
by the leaders of Canada, the United States and Mexico, might well mark a turning point away from the continent's outmoded obsession with
fossil -
fuel independence, and toward a shared
investment in a clean energy revolution.
In a climate discourse dominated
by targets and carbon caps, Gates has provided a refreshing and clear - eyed look at the first - order importance of direct public
investment to develop clean, affordable technologies to replace
fossil fuels on a global scale.
By then,
fossil fuels may be mostly depleted, the cost of energy may be held in bounds only through massive
investments in nuclear power or yet unforeseen technologies, and the chief worry may be that of a coming ice age still looming as our mild interglacial period draws to a close.
Investment in energy supply, meanwhile, would stay more or less level: fossil fuel investment would decline, but this would be offset by a 150 % increase in renewable energy supply investmen
Investment in energy supply, meanwhile, would stay more or less level:
fossil fuel investment would decline, but this would be offset by a 150 % increase in renewable energy supply investmen
investment would decline, but this would be offset
by a 150 % increase in renewable energy supply
investmentinvestment by 2050.
The up - front
investments are expensive, but savings will begin to exceed those costs
by 2040, and even sooner if oil prices rise faster than expected, or if we factor in the costs of climate change and the impact of burning
fossil fuels on public health.
American ice cream maker Ben & Jerry's has partnered with climate activism group 350.org Australia to launch a campaign to freeze
fossil fuels investments,
by encouraging Australians to lobby their local governing bodies to ensure that none of its assets are in coal, oil and gas.
Even so, it projects the $ 10 trillion
investment mark will easily be reached
by 2020 and, alongside this increase, we will see a transition away from
fossil fuels.
3) «Climate Destruction Sponsors» — There are some extremely wealthy people, most of which have or have had substantial
investments in
fossil fuel extraction and sales who have funded climate science denial efforts
by institutions such as the Competitive Enterprise Institute and the Heartland Institute as a means of delaying action on climate change.
Front page stories at The New York Times and The Washington Post have also highlighted Steyer's past
investments in the
fossil fuel industry and the profits accrued
by the hedge fund he used to lead, noting the apparent inconsistency with his political advocacy.16, 17 Bill McKibben who helped inspire Steyer's opposition to the Keystone pipeline and who consults with the billionaire activist, offers an opposing perspective: «After years of watching rich people manipulate and wreck our political system for selfish personal interests, it's great to watch a rich person use his money and his talents in the public interest.»
Others will make the case for reducing the
fossil fuel exposure of
investment portfolios
by decarbonisation.
The long fought student - led campaign was supported
by local MP Thelma Walker and culminated when the University publicly confirmed that it holds no
investments in
fossil fuel - linked businesses.
This large carbon reduction is a great step in the right direction and we look forward to continuing such positive communications with the University to further reduce the remaining 60,000 tonnes of greenhouse gases still owned
by the University's
investments in
fossil fuel companies.
While annual
investment in
fossil fuel extraction, transformation, and transportation and
fossil ‐ fired power plants without CCS is estimated to decline
by about 86 billion USD per year in 2010 2029 (i.e.,
by 20 %), annual
investment in low ‐ emission generation technologies is expected to increase
by about 147 billion USD per year (i.e.,
by 100 %), over the same period.
The problem is that instead of reducing
fossil fuels, these
investments come at the expense of the renewable energy created
by I - 937.
If up to two thirds of
fossil fuels can not be burned, investors in these projects risk being left with up to $ 2 trillion in «stranded assets»,
investments rendered valueless
by a combination of rapid technological progress from renewables, more stringent climate policies and shifts in market sentiment.
350Africa, together with partners, is building on the call started
by Divest - Invest to establish a local group to ramp up pressure on the City of Cape Town to shift its
investments and stand proud with nearly 100 other cities and local governments that have committed to divest from
fossil fuels.
Protect the «least of these»
by prioritizing
investments in communities most harmed
by air pollution and climate change threats, and ensure a just transition for workers who rely on
fossil fuel jobs.
In response to campaigns launched
by climate activists to impose regulations and controls on U.S. exports of coal, liquefied natural gas and oil, corporate trade lawyers and dirty energy apologists are insisting that government controls on
fossil fuel exports are illegal under international trade and
investment law.
In a report launched at the Berlin Energy Transition Dialogue, they also say that increasing cumulative energy system
investment by 30 % to 2050, favouring renewable energy and energy efficiency, could create over 11 million additional energy sector jobs, completely offsetting job losses in
fossil fuels.
Germany and Great Britain have experienced them in recent years as their percentage of wind / solar has increased, and they have responded
by increasing their
investment in
fossil fueled plants, just the opposite of what they have tried to do.
His
investments in
fossil fuels undermines his public pledge to use his money to eliminate the oil, gas and coal industries, claiming they threaten the planet
by accelerating climate change...
You might like to ponder what has changed since I wrote a letter on 16 Feb 1979 quoting the Chairman of the U.K. Central Electricity Generating Board, Mr R England, who wrote ``... the only proven way in which the predicted shortage of
fossil fuels can be counterbalanced in the field of electricity generation is
by increasing out
investment in nuclear power... In view of the drawbacks involved, the CEGB is not carrying out any work of its own on harnessing solar energy... it is too early to say whether geothermal energy is feasible, or what the likely cost would be...»
In November 2017, it launched a campaign, «
Fuelling the Fire», focusing on the
fossil fuel investments of public sector pensions
by local governments.
In a notable development, the G20 powers recently launched a joint probe into the global financial risks posed
by the potential for
fossil fuel companies» so - called «stranded assets» —
investments in costly ventures that may never be viable in light of emerging international climate agreements.
The rationale for public
investment in industrial wind energy rests on the assumption that it can cut carbon emissions
by replacing
fossil -
fuelled generating capacity at the same time as providing a cheap source of «renewable» electricity.
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 o
fossil fuel investments by joining the «
Fossil Free» and «Stop Funding Fossils» movements o
Fossil Free» and «Stop Funding
Fossils» movements online.
Fossil fuel investment would decline, but would be largely offset
by a 150 % increase in renewable energy supply
investment between 2015 and 2050.
Individuals may take action, and call on world leaders to divest from
fossil fuel investments by joining the `
A recent analysis
by Patrick Geddes, chief
investment officer and partner of
investment firm Aperio Group, found that even a portfolio that excluded all
fossil fuel companies would incur significantly less financial risk than would the practice of active stock selection.