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.
The evidence stacks up that investing in coal is not just an environmental disaster but also a fundamentally myopic investment decision.
Australian universities lead on research on climate change, but their boards get a fail on acting on their own climate and carbon risks.
From India’s ‘saffron revolution’ to SA’s day of 100% renewables, to energy storage and Tony Abbott’s cuddle with coal. It’s our most read stories of 2014.
Europe’s largest utility to exit conventional energy business and focus on renewables, solar and storage, and customer services.
Investment in fossil fuel companies is a bet their primary asset will be sold for more than cost of production. It’s a bad bet.
The heirs to the fortune of US oil tycoons John and William Rockefeller have divested their funds fossil fuel investments and reinvested them in renewables.