fossil fuel divestment

Fossil fuel divestment funds double to $5tn in a year

Fossil fuel divestment funds double to $5tn in a year

UN secretary general Ban Ki-moon welcomes new total revealing concern over coal, oil and gas investments has entered financial mainstream The value of investment funds committed to selling off fossil
Britain spent 'twice as much on overseas fossil fuels as renewables'

Britain spent 'twice as much on overseas fossil fuels as renewables'

Nearly half of £6.1bn energy spending in developing countries from 2010-14 went on oil, coal and gas-fired schemes, data showsThe UK has spent more than twice as much overseas support on fossil fuels
World’s biggest sovereign wealth fund proposes ditching oil and gas holdings

World’s biggest sovereign wealth fund proposes ditching oil and gas holdings

Energy industry jolted by advice to Norwegian government from its central bank, which runs $1tn fundThe Norwegian central bank, which runs the country’s sovereign wealth fund – the world’s biggest –
Boost for fossil fuel divestment as UK eases pension rules

Boost for fossil fuel divestment as UK eases pension rules

Exclusive: pension schemes will be free to dump fossil fuel investments after government drops ‘best returns’ legal rules The government is to allow Britain’s £2tn workplace pension schemes to dump
New York City plans to divest $5bn from fossil fuels and sue oil companies

New York City plans to divest $5bn from fossil fuels and sue oil companies

Mayor Bill de Blasio: ‘It’s up to the fossil fuel companies whose greed put us in this position to shoulder the cost of making New York safer and more resilient’New York City is seeking to lead the
UK’s wasted chances to recycle and renew | Letters

UK’s wasted chances to recycle and renew | Letters

Britain should follow China’s example on renewables, writes Feargal Dalton, and Ian Paul urges the UK to step up to the recycling challenge. Neil Sinclair wants a fossil fuel-free February, while
'Extreme' fossil fuel investments have surged under Donald Trump, report reveals

'Extreme' fossil fuel investments have surged under Donald Trump, report reveals

Sharp rise globally in the dirtiest fossil fuel investments reverses progress made after the Paris agreement, with tar sands holdings more than doubling in Trump’s first year in officeBank holdings in
How world's first electrified road charges moving vehicles – video

How world's first electrified road charges moving vehicles – video

Sweden has opened the world's first electrified road. The 1.2-mile route, between Stockholm Arlanda airport and a logistics site, will now actively charge cars and lorries as they travel along it
Ireland becomes world's first country to divest from fossil fuels

Ireland becomes world's first country to divest from fossil fuels

Bill passed by parliament means more than €300m shares in coal, oil, peat and gas will be sold ‘as soon as practicable’The Republic of Ireland will become the world’s first country to sell off its
Jerry Brown: Trump's 'gross ignorance' main obstacle in climate change fight

Jerry Brown: Trump's 'gross ignorance' main obstacle in climate change fight

California governor is taking the lead in confronting planet’s ‘existential challenge’ and signs bill for carbon-free power by 2045Jerry Brown, California’s governor, has accused Donald Trump of
National Trust has £30m fossil fuel fund

National Trust has £30m fossil fuel fund

Exclusive: investments in oil, gas and mining companies held indirectly via portfolio fundThe National Trust has invested tens of millions of pounds in oil, gas and mining firms – despite the
Global 'collapse' in number of new coal-fired power plants

Global 'collapse' in number of new coal-fired power plants

Not long before coal use is over, say analysts, while warning of possible resurgence in ChinaThe number of coal-fired power plants being developed around the world has collapsed in the last three
How women can invest more ethically | Letters

How women can invest more ethically | Letters

We need to think hard about the kind of future our money is going to support through our investments, writes Mary Stevens of Friends of the Earth. Plus a letter from Margaret SquiresYour article on
How women can invest more ethically | Letters

How women can invest more ethically | Letters

We need to think hard about the kind of future our money is going to support through our investments, writes Mary Stevens of Friends of the Earth. Plus a letter from Margaret SquiresYour article on
Climate crisis: global economy needs major upgrade … fast

Climate crisis: global economy needs major upgrade … fast

Ex-US vice-president says only big solutions can offset impact of systemic shifts and avert disasterAl Gore has said the global economy requires a fundamental upgrade to become more sustainable in
Ban government investment in fossil fuels, urges cross-party group of MPs

Ban government investment in fossil fuels, urges cross-party group of MPs

UK aid projects ‘actively undermine’ efforts to tackle climate crisis, MPs and campaign groups warnA cross-party group of MPs, backed by campaign groups, has called for an immediate ban on all
EIB plans to cut all funding for fossil fuel projects by 2020

EIB plans to cut all funding for fossil fuel projects by 2020

EU’s lending arm financed oil, gas and coal projects in 2018 with more than €2.4bnThe European Investment Bank has vowed to end its multibillion euro financing for fossil fuel projects by the end of
‘Inspirational': Alexandria Ocasio-Cortez applauds mayors’ Global Green New Deal

‘Inspirational': Alexandria Ocasio-Cortez applauds mayors’ Global Green New Deal

Mayors of more than 90 of the world’s biggest cities voice support for bold proposal to fight climate change as they lambast ‘failed’ UN climate summitAlexandria Ocasio-Cortez said she was ‘inspired’
Saudi Aramco IPO: the ultimate marriage between carbon and capitalism

Saudi Aramco IPO: the ultimate marriage between carbon and capitalism

A firm with the biggest carbon footprint seeks cash to grow just as the fight against climate change needs it to shrinkSaudi Aramco gets go ahead for $1.5tn listingRoll up! Roll up! The world’s
Cambridge accepts £6m Shell donation for oil extraction research

Cambridge accepts £6m Shell donation for oil extraction research

Cambridge Zero Carbon says university has been ‘hijacked’ by fossil fuel industryCambridge University has accepted a multimillion-pound donation from Shell to fund a team researching oil extraction