Tag : Carbon Tracker

21 Aug 2015

Wellcome Trust loses millions due to plummeting value in fossil fuel investment

The medical charity Wellcome Trust lost an estimated £175 million in value in 2014, due to a sharp loss in value of its fossil fuel investments.

16 Jul 2015

US says goodbye to 200th coal plant as gas edges ahead in energy mix

As environmentalists celebrate the 200th coal plant phase out in the United States, for the first time in history natural gas is overtaking coal as the country’s largest power sources.

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.

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 Jun 2014

Report: Billions in coal investments at risk as China’s appetite for coal wanes

International coal exporters have again been warned that betting on China’s “insatiable demand” could leave them with stranded assets and wasted capital

08 May 2014

$1 trillion of oil investment at risk from ‘carbon bubble’

Oil companies are poised to waste $1.1 trillion of investors’ money through to 2025 on expensive, uneconomic projects that will never see a return in a carbon constrained world.

29 Apr 2014

Fossil fuel free investment goes mainstream with FTSE index

Today the global campaign against fossil fuels entered the financial mainstream as the world’s largest fund manager BlackRock teamed up with London’s FTSE Group to help investors avoid risky coal, oil and gas companies.