Sixty-five percent of the world's coal production is unprofitable at today's prices, a new research report by Wood Mackenzie, a commercial intelligence company often cited by investment analysts and the coal industry itself, concluded.
Articles: Divestment (22)
This week the latest edition of the BP Statistical Review of World Energy noted two important trends.
Divestment is the opposite of investment: you can think of it like “uninvesting.”
This week, the Queen's speech assured us that the new government would “seek effective global collaboration to sustain economic recovery and to combat climate change”.
Students at Harvard University have expanded their blockade of key administration offices while calling on the school to divest from fossil fuels.
'Unless and until institutions like Harvard act to stigmatize the root causes of global warming, we will remain addicted to a system of energy production and economic injustice that guarantees catastrophe.'
These 3 Colleges Stopped Investing in Fossil Fuels—One Year Later, Their Endowments Are Doing Just Fine
Several colleges and universities have completed the process of divestment. None has declared financial ruin. In fact, many, like Sterling, are seeing improved returns on their investments.
Joe tells about the unifying nature of Main Street, bridging the “resource gap,” and more...
Divestment is one of the great campaigns of our times.But the question then arises, “then what?” If an organization decide it’s time to divest from fossil fuels, then what might they do next?
Unity College in Maine was the first in the U.S. to divest all fossil fuel holdings from its endowment. In an interview with Yale Environment 360, Unity president Stephen Mulkey talks about why he sees this groundbreaking move as an ethical decision and an extension of the college’s mission.