divestment Archives - Renew Economy

Policy & Planning

Westpac to shed thermal coal investments by 2030, switch to renewables and EVs
Westpac to phase out investment in thermal coal by 2030, to turn focus to wind, solar and storage, and electric vehicles.
Michael Mazengarb

May 4, 2020

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Coal

UNSW pledges to divest from fossil fuels by 2025
University of New South Wales to divest from fossil fuels by 2025, in line with Paris climate agreement and to carry on “fine legacy” of its world-leading solar pioneers.
Sophie Vorrath

Mar 6, 2020

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Policy & Planning

Global divestment movement hits $11 trillion, pushes for more – and faster
Global fossil fuel divestment movement tops US$11 trillion as campaigners place further pressure on investors to respond to climate emergency.
Michael Mazengarb

Sep 17, 2019

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CleanTech Bites

Coalition energy plan “unworkable”, as Taylor charges into coal
Two more international energy companies join near unanimous condemnation of the Coalition’s “divestment” proposal as Taylor plunges headlong into 24/7 power tender.
Giles Parkinson

Feb 5, 2019

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Policy & Planning

Ireland votes to divest from fossil fuels within 5 years
Ireland becomes world’s first nation to legislate to divest completely from fossil fuels, after passage of bill compelling €8.9bn Ireland Strategic Investment Fund (ISIF) to withdraw all money invested in oil, gas and coal.
Sophie Vorrath

Jul 13, 2018

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Policy & Planning

Fossil fuel divestments now add up to $5.2 trillion
Report shows network of governments, funds, organisations, philanthropies and individuals representing $5.2trn in assets divesting from fossil fuel companies.
Brian Kahn

Dec 13, 2016

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Fossil fuel divestment campaign gathers pace in Australia and worldwide
Latest stocktake of global divestment movement reveals 500 institutions representing $US3.4 trillion in assets now involved, including Australia’s City of Melbourne and 14 local councils.
Jon Walter

Dec 3, 2015

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Carbon budgets: Knowing when to hold and when to fold
As global leaders sit around the negotiating table at the Paris climate talks, discussion will quickly turn to the carbon budget and how to spend it.
Will van de Pol and Daniel Gocher

Nov 24, 2015

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Fossil fuel divestment booming, with $2.6trn in assets set to be dumped
New analysis shows 50-fold growth in fossil fuel divestment, with an estimated $2.6trn in assets earmarked by 430 institutions and 2,040 individuals.
Sophie Vorrath

Sep 23, 2015

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Australia’s first fossil fuel free stock exchange index launched
Low-carbon investment made easy with launch of Australia’s first Fossil Free Index, alongside Australia Sustainable Leaders Index.
Sophie Vorrath

Sep 1, 2015

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Actions, not words, should earn divestment advocates’ praise
The issue of universities divesting assets that pose climate risks can be a contentious one – even, it seems, among those of us who agree that it is an important goal.
John Hewson

Mar 18, 2015

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Musicians sign on to amplify fossil fuel divestment!
The evidence stacks up that investing in coal is not just an environmental disaster but also a fundamentally myopic investment decision.
Tim Hollo

Feb 12, 2015

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