Wasted Money & Sunken Assets: Subsidies and Financing for Fossil Fuels

Credit to Author: Michael Barnard| Date: Fri, 09 Aug 2024 18:23:47 +0000

Under the auspices of the India Smart Grid Forum, the think tank founded as an umbrella organization over India’s 28 state utilities to provide thought leadership, share leading practices, and bring international insights to India, I’m delivering bi-weekly webinars framed by the Short List of Climate Actions That Will Work. With the … [continued]

The post Wasted Money & Sunken Assets: Subsidies and Financing for Fossil Fuels appeared first on CleanTechnica.

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California Aims To Boot Dirty Investment With California Fossil Fuel Divestment Act (SB 252)

Credit to Author: Zachary Shahan| Date: Thu, 09 Feb 2023 15:51:59 +0000

California continues to be a climate and cleantech leader. One of its big recent announcements in this regard is that state policymakers have introduced the California Fossil Fuel Divestment Act (SB 252). Naturally, this divestment move was stimulated by young adults, students. It was then introduced by Senator Scott Wiener (D-San Francisco), Senator Lena Gonzalez […]

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Future-Facing Commodities

Credit to Author: David Waterworth| Date: Mon, 12 Sep 2022 15:34:34 +0000

The new buzz expression for Australian mining companies that are leaving fossil fuel assets behind to chase greater profits is: “future facing commodities.” No virtue signaling here — it’s all about long-term shareholder value. CEO Mike Henry told a Sept. 8 shareholder call: “The divestment of our petroleum business and some of our smaller coal […]

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Keep It In The Ground Grassroots Campaign Is A Success Story

Credit to Author: The Beam| Date: Wed, 31 Aug 2022 19:00:17 +0000

Taking a look back: 350.org’s grassroots campaign “keep it in the ground” is a success story – and not yet finished. By taking a step back, sometimes solutions for complex problems seem to be surprisingly easy. If you don’t want carbon in the air, leave the raw materials that produce it in the ground. That‘s […]

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Tesla [TSLA] Stock Soars Over $900?! Why?

Credit to Author: Frugal Moogal| Date: Wed, 05 Feb 2020 03:12:49 +0000

As I write this, Tesla stock has soared for the second day straight to over $900. Even as someone who has become more bullish on the stock thanks to my research, I’ll be the first to tell you that I can’t honestly say that I understand why this movement is happening all at once and so suddenly, nor does it seem that anyone else does

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Investing In Fossil Fuels = Burying Your Money — 20th Century Fuel Is Staying In The Ground

Credit to Author: Guest Contributor| Date: Tue, 31 Dec 2019 07:33:59 +0000

Pump-jack mining crude oil with the sunsetGiven the accelerating effects of climate breakdown — established by scientific consensus and visible with our own eyes — it is rational for investors to expect much tighter carbon regulation in the near future

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