This Thursday, April 30, 2015, the University Senate of New York University (NYU) will discuss, and likely vote on, whether NYU’s endowment should be divested from fossil fuel investments. This is the result of a pressuring campaign from a national organization that aims to “stigmatize” oil, gas and coal companies. Many leading institutions of higher… Keep reading →
Divestment
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We will never sell or share your information without your consent. See our privacy policy.Energy News Roundup: Only the Saudis Know, Texas: What Me Worry? And Divestment Discussion Amid Lower Oil Prices
By Jared AndersonIn one of the more honest assessments of current Saudi Arabian oil policy, Rice University’s Jim Krane said there are several plausible reasons behind the Saudis’ apparently sanguine approach to falling global oil prices, but only a few within the Kingdom really know. “If you’re somebody who looks at geopolitics and energy, you could come… Keep reading →
Energy News Roundup: Total CEO Dies in Plane Crash, Amsterdam Airport Tesla Taxis & MPs Pension Fund Fossil Fuel Divestment
By Jared AndersonChristophe de Margerie, CEO of major French oil company Total, was killed Monday night when his corporate jet crashed into a snow removal vehicle on the runway of an airport near Moscow. The company reportedly has no succession plant in place, but has strong corporate governance led by a long-standing board of directors. “Barclays France… Keep reading →
Infographic: Importance of Energy Sector Divestments in a Climate-Change-Driven Environment
By Roman KilisekIn light of a marked increase in the number of gas divestments taking place in the Canadian oil and gas sector, Ernst & Young recently looked at a number of forces that are driving companies to shed assets thereby identifying four dimensions – deal strategy, cost management, speed and risk mitigation – as crucial for any… Keep reading →
As pressure to get institutional investors to divest holdings in fossil fuel-related companies increases, pension funds appear to be reacting slower than several college endowments. The logic advanced by climate activists is that as carbon pricing policies proliferate globally, companies that generate significant portions of their revenue from oil production or coal mining, for example,… Keep reading →
Energy News Roundup: Cyber Attacks Hit Energy Firms, Devon Sells $2.3 Billion in Non-core Assets & Opec Output Boost
By Jared AndersonIt’s called “Energetic Bear” and some experts believe elements of the Russian government are behind a string of malware infections that reportedly compromised hundreds of industrial control systems. Originally thought to be used as a form of espionage, experts believe the technology can gain control of energy infrastructure and “cripple physical systems such as wind… Keep reading →
Climate Activist Bill McKibben says that a campaign to encourage divestment from fossil fuels is gaining momentum. If effective, it could have a huge impact on the oil, gas and coal industries, but it remains unclear how far-reaching it will prove to be. Brown University refused to divest from the 15 largest US coal companies,… Keep reading →