One of the world’s largest insurers, Allianz, has announced it will immediately cease insuring single coal-fired power plants and coal mines and further plans to phase out all coal risks by 2040.
Tag: divestment
Norwegian Oil Fund Ready To Divest From Oil & Gas
Norway, which is still a monarchy, has two sovereign wealth funds. The Government Pension Fund Global, also known as the Oil Fund, was established in 1990 to invest the profits from … [Read full article]
Divestment Rap (VIDEO)
Many of us grow up with the assumption that stock traders are just rich people looking to make a quick buck (or 5 billion). However, investing is also a way … [Read full article]
Fossil Fuel Divestment Campaign Gains Steam In New York: Bill McKibben At NYU
The fossil-fuel university divestment campaign, started by the international climate change organization 350.org, is gaining momentum, as over two hundred student groupshave now formed official campaigns on campuses across the … [Read full article]
Keystone Pipeline Blockade Update: 80 Days In Trees, Hunger Strikes, And An Army General Speaking Out
Protests against the Keystone Pipeline — and other new fossil fuel pipelines (i.e., Enbridge) — continue across North America and are increasing in scope. From Canada to the southern … [Read full article]