BlackRock holds $85bn in coal despite pledge to sell fossil fuel shares Loophole means asset manager can hold shares in firms earning less than a quarter of revenues from coal The Intergovernmental Panel on Climate Change calculated that coal-fired power generation would have to be all but eliminated by 2050 to prevent global heating of […]
Inside the campaign to push PR firms to fire fossil fuel clients The “clean creatives” campaign is calling on creative agencies to drop fossil fuel clients. MORE LIKE THIS Hear what Vivaldi’s ‘Four Seasons’ would sound like in a post-climate-change world The fight against climate change should focus on reaching positive climate tipping points Billion-dollar […]
Lloyd's market to quit fossil fuel insurance by 2030 World’s biggest insurance market to end new investments in coal, oil sands and Arctic energy by 2022 Insure Our Future protest outside Lloyd’s of London in October. Photograph: Guy Bell/REX/Shutterstock Julia Kollewe Thu 17 Dec 2020 00.01 GMT 34 Lloyd’s, the world’s biggest insurance market, has bowed […]
Dear Climate-L readers, We are delighted to announce that a new Climate Policy paper is now available free to access. This article is part of our next special issue on fossil fuels and explores the impacts of divestment in the sector and the transition of the energy system on investment performance. The financial impact of fossil fuel divestment […]
