Posts

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  

Oil & gas giant Shell revises its assets downwards

Shell, one of the top global oil and gas corporations, has warned that its assets may be worth up to $22bn less after the recent write-down of $4.5bn as a result of a sharp drop in demand... https://www.theguardian.com/business/2020/dec/21/shell-assets-covid-oil-demand-writedown-coronavirus

Students pushing universities to divest from fossil fuels

 Universities in the UK and USA are increasingly making the commitment to divest from fossil fuels as a result of student campaigning... https://on.ft.com/2JG1ccM

Denmark to end oil & gas exploration and cut emissions 70% by 2030

 Denmark has announced plans to end further oil and gas exploration in the North Sea... https://www.theguardian.com/business/2020/dec/04/denmark-to-end-new-oil-and-gas-exploration-in-north-sea and cut emission 70% by 2030... https://www.theguardian.com/world/2020/dec/05/the-danish-climate-minister-closing-down-the-oil-industry-for-good

Faith communitites commit to fossil fuel divestment

 On November 16, to coincide with the anniversary of the Paris agreement on climate change, 47 faith institutions announced their decision to divest from fossil fuels... https://www.commondreams.org/newswire/2020/11/16/faith-institutions-announce-largest-ever-joint-divestment-fossil-fuels?cd-origin=rss

Top global oil traders rushing to invest in renewables

 The world's largest oil trading companies are moving quickly to invest billions of dollars in renewable energy as the shift away from fossil fuels accelerates...   https://www.ft.com/content/394bf3d1-95c9-45e9-ae81-6434d441e237?utm_campaign=2020_NL_Con_Energy%20and%20Commodities%20September&utm_source=emailCampaign&utm_content=&utm_medium=email  

Green energy - where the jobs are growing

 Wind, solar and other forms of renewable energy are growth areas for employment... https://www.theguardian.com/environment/2020/oct/06/growth-renewable-energy-wind-solar-generates-jobs-uk?CMP=share_btn_link