Tag: Fossil Fuel Divestment

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Green Energy Surges as Demand for Fossil Fuel Collapses — and It Could Be Here to Stay

Written by on May 3, 2020 in Eco-Friendly, Environment with 0 Comments
Green Energy Surges as Demand for Fossil Fuel Collapses — and It Could Be Here to Stay

As a result of the COVID-19 pandemic, economies across the world have seemingly slammed on the brakes. As a result, the world has witnessed a vast reduction in driving, flying, maritime shipping, industrial activity, and international commerce in general. #ecofriendly #fossilfuel

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‘Something Big Is Shifting’: As Georgetown Announces Fossil Fuel Divestment, Students Across US Demand Their Schools Follow Suit

Written by on February 10, 2020 in Activism, Conscious Living with 0 Comments
‘Something Big Is Shifting’: As Georgetown Announces Fossil Fuel Divestment, Students Across US Demand Their Schools Follow Suit

Student-led anti-fossil fuel campaigns at universities across the country pointed to Georgetown University Friday as the school’s board of directors announced it would divest from fossil fuels and redouble its efforts to invest in renewable energy instead. #fossilfueldivestment

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Citing ‘Permanent Oil Price Decline,’ Norwegian Fund’s Fossil Fuel Divestment Could Spark Global ‘Shockwave’

Written by on March 8, 2019 in Climate Change, Eco-Friendly, Environment with 0 Comments
Citing ‘Permanent Oil Price Decline,’ Norwegian Fund’s Fossil Fuel Divestment Could Spark Global ‘Shockwave’

In a move that climate campaigners say should send a “shockwave” through the global oil and gas industry, the Norwegian Sovereign Wealth Fund—the largest of its kind in the world—has recommended the Norway government divest the entirety of the fund’s $40 billion holdings from the fossil fuel industry. In a statement on Friday, Minister of Finance Siv Jensen explained the decision is meant to “reduce the vulnerability” of the Norwegian fund “to permanent oil price decline.” #fossilfueldivestment

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Major Foundations and Investors, Including Heirs to Oil Fortune, Pledge Fossil Fuel Divestment

Written by on September 23, 2014 in Climate Change, Eco-Friendly with 0 Comments
Major Foundations and Investors, Including Heirs to Oil Fortune, Pledge Fossil Fuel Divestment

Prominent private philanthropies and charitable foundations, including one built from the oil fortune of John D. Rockefeller and Standard Oil, announced their intention to divest from fossil fuel holdings as they make clear statements that the threat of climate change and the irresponsible behavior of the oil, coal, and natural gas companies has fueled their decision.

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