Bristol Uni pledges full fossil fuel divestment by 2020

The university currently has £2 million invested in companies that support the fossil fuel industry

Durham University to divest from fossil fuel firms

It has committed to become an international partner in the development of green energy

University of Bristol divests from ‘most carbon intensive’ firms

  The University of Bristol has divested its investments in companies that derive more than 5% of their income from the “most carbon intensive” sectors of the fossil fuel industry. It has been working with Rathbone Greenbank Investments, which provides specialised ethical and sustainable investment services. The announcement follows a pledge made last year to […]

Paris climate deal to trigger more coal divestment

The world will see more divestments from coal and other fossil fuel assets as nations implement the Paris climate deal. A new study published in Nature suggests divestment will beat the “green paradox”, i.e. the phenomenon of a temporary increase in carbon emissions in response to climate policies aimed at cutting emissions, if “substantial” carbon […]

New York City sues ‘polluting’ Shell, BP and others

  The city of New York has announced it will divest from fossil fuels and has filed a climate lawsuit against five energy giants it is accusing of causing pollution. New York City Mayor Bill de Blasio announced the city’s pension funds will withdraw around $5 billion (£3.7bn) of investments from fossil fuel companies. It […]

Actors say it’s curtains for fossil-fuelled pensions

A group of famous actors and performers have said the curtain is coming down on pensions investing in fossil fuels. The celebrities have voiced support for the #PensionPower campaign, which was set up by members of the British actors’ union Equity and supported by responsible investment charity ShareAction. Award-winning actor Mark Rylance and actresses Zoë Wanamaker […]

‘Fossil fuels? I’ll have nun of that’ say Catholic groups

Forty Catholic institutions from across the world have divested from fossil fuels this week. The move marks the biggest single divestment made by religious institutions, including banks, universities and even the Italian town where Saint Francis of Assisi was born. The sum of money involved has not been disclosed but the organisations involved suggest the move is […]

Wood-fired biomass investment raises green questions

A group of non-governmental organisations (NGOs) have questioned a Danish pension fund’s green credentials after it invested in a biomass power station in the UK. The various groups, which include Biofuelwatch, Dogwood Alliance and NOAH Friends of the Earth Denmark, suggest Pensionskassernes Administration’s (PKA) acquisition of 50% of the shares in the new MGT Teesside power […]

Centrica sells £240m stake in Canadian oil and gas firm

A Canadian oil & gas exploration and production (E&P) firm is to be sold for CAD$722 million (£413m). The CQ Energy Canada Partnership, in which Centrica owns a 60% interest, is to be sold to a consortium made up of MIE Holdings Corporation, the Can-China Global Resource Fund and Mercuria. Qatar Petroleum International owns the […]

Activists call for church to divest from ExxonMobil

Activists are today campaigning for the Church of England (CoE) to divest from ExxonMobil. A coalition of faith and non-faith groups are staging a demonstration outside the oil and gas giant’s Fawley Refinery in Hampshire, on the day of the company’s AGM in Houston. Demonstrators handed leaflets to staff as they entered and this afternoon plan […]