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Tag Archives: divest
Unisuper dumps coal assets as sector turns its back on fossil fuels
“Unisuper’s Global Environmental Opportunities fund that excludes oil, gas and coal companies and returned 13.9 per cent for the year, compared to its balanced fund which returned 1 per cent.” Unisuper has dropped its holdings in three ASX-listed energy companies … Continue reading
Divest from fossil fuel campaign update by 350.org
So much recent action on Uni campuses in Australia has earned media attention, even internationally, with some success but setting the stage for more action with more members: https://www.facebook.com/plugins/video.php?href=https%3A%2F%2Fwww.facebook.com%2FFossilFreeUnis%2Fvideos%2Fvb.263740000427652%2F791212041013776%2F%3Ftype%3D3&show_text=0&width=560
Is the Pope a Catholic – Pope Francis v fossil fuel.
Six years ago, Pope Benedict XVI installed more than 1,000 solar panels on the Vatican’s audience hall, helping him earn him the sobriquet of the “Green Pope”. Some time in the next few months, his successor Pope Francis may just go one … Continue reading
Declining Value Of Coal Just Killed Another Export Terminal
Why can this not happen in Australia? – Monday, the Port of Corpus Christi announced it was scrapping plans to build a coal export terminal….LA Times reported in May, “three of the original six proposed coal export terminals that have locked Oregon … Continue reading
Big guys disregard carbon bubble
Even UK Telegraph, part of the gospel according to Murdoch, includes serious commentary about the latest report by Carbon Tracker and Lord Nick Stern. Essentially, the whole of coal, oil and gas industries represent a sub prime finance liability much … Continue reading
Coal, oil & gas gone “rogue”, need to lobby super, banks etc to divest
Hewson says the average pension fund invests about 55 per cent of its portfolio in ”high-carbon intensive industries” and only 2 per cent in their low carbon counterparts….The best way is to put a higher percentage of their funds in … Continue reading
Bursting the carbon bubble
From The Age – this story is about avoiding risk, from shares in coal, oil and gas, because their reserves are over valued by 80%. This makes all the shonky securities in GFC look like small change. Liberal stalwart John … Continue reading
