As the Wall Street Journal reported Norway’s sovereign-wealth fund – which was built on the country’s oil and gas revenues – is divesting from fossil fuels companies producing coal and tar-sands.
Pope Francis, the head of the Catholic Church, is due to call over a billion Catholics to act on climate. Ahead of the Paris Climate talks later this year, this is a big move that may even more tilt the balance on action.
If climate change is getting each month more scary, our answers to it are getting bigger. The carbon tax is gaining support as The World Bank reports that no less than 74 countries and over a thousand companies are supporting it.
As the NRDC noted : ” The Natural Resources Defense Council, BlackRock and FTSE Group, the global index provider, partnered today in launching the first equity global index series that will exclude companies linked to carbon-based fossil fuel. “ ” The new investment tool will allow climate-conscious investors, including foundations, universities and certain pension groups, to match… Continue reading Footsie launches interesting tool for divestment