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Tag : Carbon Bubble

29 Jan 2016

Copenhagen set to join unstoppable divestment movement

The city of Copenhagen is set to become the latest recruit to the unstoppable divestment movement, with its plan to sell off the coal, oil and gas assets of its 6.9 billion Krone (€1.29 bn) investment fund.

30 Sep 2015

Climate change a threat to financial stability – Bank of England governor

Mark Carney, the governor of the Bank of England, has become the latest person to deliver a blunt warning about the risks of climate change to global financial stability.

09 Jul 2015

Fossil fuel firms fail to report climate risks

Accusation that many oil, gas and coal companies in the UK are ducking their legal duty to inform investors of risks caused by climate change.

07 Jul 2015

Report: Gas investments, like coal, could become stranded assets

A new report from the Carbon Tracker Initiative (CTI) finds US $283 billion in Liquefied Natural Gas (LNG) projects are likely to be surplus to requirements in a carbon-constrained world.

06 Jul 2015

Coal investment is the most urgent climate threat

Head of the OECD says wealthy countries should help poorer nations that cannot afford to replace coal with low-carbon alternatives

01 Jul 2015

Australian coal as unbankable as it is unburnable

The Queensland Government and Indian coal conglomerate Adani are mired in controversy again this week, with a freedom of information request uncovering documents that show the Queensland Treasury not only assessed the $16 billion Carmichael mine as unbankable, but it was frozen out of key decisions on the project.

10 Jun 2015

European power is slipping away from King Coal

Analysis of falling demand for electricity within the EU sends a stark warning to investors in new coal plants that their assets could be left stranded.

05 May 2015

Campaigners urge Norway’s oil fund to divest from coal

Campaigners from around the world joined forces this week to call on the giant Norwegian oil fund to divest from fossil fuels.

16 Oct 2014

Report: Fossil fuel companies found paying lip service to climate risks

Coal, oil and gas companies almost universally recognise the risks climate change poses to their businesses, yet just 7% are integrating these threats into their spending choices.

08 Oct 2014

Glasgow University becomes first in Europe to divest from fossil fuels

The University of Glasgow has become the first university in Europe to join the ranks of institutions choosing to go fossil free.