Posts

The Financial Case for Fossil Fuel Divestment

 The financial case for fossil fuel divestment has been made for at least the last 10 years, but now even powerful investment organizations such as Blackrock and Meketa have caught on...    https://www.newyorker.com/news/daily-comment/the-powerful-new-financial-argument-for-fossil-fuel-divestment https://ieefa.org/major-investment-advisors-blackrock-and-meketa-provide-a-fiduciary-path-through-the-energy-transition/

McMaster President commits to divesting from fossil fuels

 McMaster's President, David Farrar, has committed to divesting the university from fossil fuels as soon as possible... https://www.cbc.ca/amp/1.5953194

Mark Carney's 2020 BBC Reith Lecture

Former Governor of the Bank of Canada and Bank of England Mark Carney argues for putting the market in the service of action on climate change...    https://www.corporateknights.com/magazines/2021-global-100/from-climate-crisis-to-real-prosperity-16118505/

Fossil fuels - the "invisible killer"

 An international study has found that burning fossil fuels such as coal and oil contributed to the death of almost nine million people worldwide in 2018, about one in five of all deaths that year... https://www.theguardian.com/environment/2021/feb/09/fossil-fuels-pollution-deaths-research

University of Victoria announces fossil fuel divestment

 UVic has divested $80 million of its quarter million dollar capital fund from fossil fuels... https://vancouverisland.ctvnews.ca/mobile/uvic-announces-full-divestment-of-capital-fund-from-fossil-fuels-1.5292402

A Cimate Action Plan: Top 100 world universities

 Eight Canadian universities make it into the Times Higher Education climate action plan rankings of the world's top 100 universities, with UBC an impressive No. 1 and UVic at No.4.  McMaster University doesn't make to list...   https://www.timeshighereducation.com/student/best-universities/top-universities-climate-action

Global investment giant BlackRock calls on businesses to disclose carbon reduction plans

 The CEO of BlackRock, an investment company that controls about $9 trillion in assets, is calling on businesses in which it invests to make public their plans to ensure a "net zero" carbon emission economy...   https://www.nytimes.com/2021/01/26/business/dealbook/larry-fink-letter-blackrock-climate.html