Posts Tagged ‘reinvestment’

Sustainable Investing Panel – April 21

Center for Climate Protection Presents Panel on Sustainable Investing When: Thursday, April 21st 5:30-7:00 Where: 822 5th Street, Santa Rosa  95404 From 2012 to 2014, sustainable and impact investing assets enjoyed a growth rate of more than 76%, increasing from $3.74 trillion in 2012 to over $6 trillion in 2014. Many of us have made…

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Notes from CERES' Investor Summit on Climate Risk

On January 27, several hundred distinguished investors and government officials gathered at UN headquarters in New York for CERES’ 16th “Investor Summit on Climate Risk.” Building on the momentous agreements reached at the COP21 Climate Summit in Paris, the focus was on “Advancing the Clean Trillion” — finding ways to increase investment in clean energy…

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Jeremy Leggett: Fossil Fuels are Risky Business

Jeremy Leggett, “Non-executive Chairman” of the highly influential Carbon Tracker Initiative, recently met with analysts, legislators, and climate activists (including several from 350.org and Fossil Free California) in the Bay Area. Jeremy is a tireless crusader in the quest to alert investors to the increasing risks of fossil fuel investments and the need for more…

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Al Gore's convenient truths about investing (updated)

Atlantic editor James Fallows recently interviewed Al Gore about his decade-long project to test his ideas about green investing. Fallows calls it “an audacious attempt to show that a ‘sustainably’ minded investment strategy could make more money than one simply focused on profit-maximization.” Gore might have been tempted to call the project yet more inconvenient truths, as a…

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Shell games in Alaska

In Alaska, there’s good news and there’s bad news. The good news first: last week Royal Dutch Shell shut down its drilling rig in the Chukchi Sea and gave up its immediate dream of a great Arctic oil bonanza. After seven billion dollars of failed investment in a single dry well, Shell has now followed the lead…

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Should we campaign for reinvestment?

Wind Farm

Divestment from fossil fuels sends a clear message: if we support coal, oil, and gas companies in any way, we are contributing to the destruction of the habitable environment. When our money — or the money of our institutions, like CalPERS or the University of California — is invested in those companies, our contribution to climate chaos…

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