Fossil fuel divestment effort comes to energy-rich Colorado
Students will ask the University of Colorado Board of Regents on Friday to divest from coal and petroleum companies.
View ArticleDynegy scraps California sales
On Tuesday, the company reported a net loss of $104 million in the fourth quarter of 2014. It had a $91 million loss during the same period a year ago.
View ArticleShell sells Nigerian oil lease for $1.7 billion to local company
The divestment is part of Shell’s strategic review of its onshore portfolio in the West African nation and “is in line with the Federal Government of Nigeria’s aim of developing Nigerian companies in...
View ArticleChurch of England dumps coal as fossil-fuel divestment gains
The Church of England will dump its holdings in coal and oil-sand producers and has ruled out backing companies with exposure to the most polluting fossil fuels, joining the movement that wants...
View ArticleCollege divestment pledges are mostly empty gestures
Almost three dozen colleges have announced fossil-fuel divestment pledges over the last three years, and their actions tend to have less substance than advertised.
View ArticleHarvard seen forgoing $108 million a year divesting fossil fuels
While dozens of schools have committed to stop buying fossil fuel company stocks, most wealthier institutions such as Harvard declined, saying it goes against their fiduciary duty to rule out such...
View ArticleFossil-fuel divestment movement exceeds $2.6 trillion
The surge in support for the divestment movement shows growing awareness of the role fossil fuels play in climate change, and growing concern among the general public.
View ArticleFossil fuel divestment seen costing returns for investors
Investors who boycott the shares of oil, gas and coal companies out of concern for the climate are sacrificing higher returns and lower risks, a study funded by the fossil-fuel industry showed.
View ArticleFossil fuel divestment tops $3.4 trillion mark
The number has swelled from the $2.6 trillion announced in September and the $50 billion committed just last year.
View ArticleNY fund to shift stocks into $2 billion index of lesser polluters
The index, designed with Goldman Sachs Asset Management, is intended to shift investments without losing returns.
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