Tag Archives: fossil fuel overvalued

Mc Kibben – 80% to stay in ground – The Case For Fossil-Fuel Divestment

Posted on February 27, 2013 by groundswellbasscoast

Another great one via ThinkProgress – For any chance of warming less than 4degC, 80% of coal, oil and gas reserves must stay in the ground, which means Exxon-Mobil, BHP etc, share prices need to be devalued by 80%. Logic … Continue reading →

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Coal, oil & gas gone “rogue”, need to lobby super, banks etc to divest

Posted on February 25, 2013 by groundswellbasscoast

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 →

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