Sentences with phrase «investment by fossil fuel»

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 byfossil 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 byFossil 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 2Fuel Divestment Act, which would require Comptroller Tom DiNapoli to divest the Common Retirement Fund's holdings in the top 200 fossil fuel companies byfossil fuel companies by 2fuel 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 investmenInvestment 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 investmeninvestment 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 ofossil fuel investments by joining the «Fossil Free» and «Stop Funding Fossils» movements oFossil 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.
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