fossil fuel divestment – Thinking Port

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

February 12, 2023 admin California, climate change, divestment, fossil free, fossil fuel divestment, Fossil Fuels, green economy, investment, policy & politics

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 […]

CleanTech Energy News Science

Future-Facing Commodities

September 12, 2022 admin Australia, australia coal, Coal, divestment, fossil fuel divestment, Fossil Fuels, green economy, investment

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 […]