Since Bill McKibben first issued his call to divest from fossil fuel stocks in “Global Warming’s Terrifying New Math” last August, there has been quite a reaction in the press and among investors. It is impossible for me to know what has actually happened in terms of divestment, but enough…
This week Portfolio 21 Investments released a new paper entitled Managing Investment Portfolios without Fossil Fuel Stocks…. The paper details the unique investment risks of the coal, oil, and gas sector, as well as how our firm manages portfolio diversification without fossil fuel exploration and production stocks. Our investment
Last week, delegates from 190 countries attended the United Nations Framework Convention on Climate Change (UNFCCC) in Doha, Qatar. In 1992, the first UNFCCC conference was held in Rio de Janeiro and was known as the Earth Summit. Each year the conference seeks to identify agreements among world governments to…
A movement is building to push for change in the global energy conversation through divestment from fossil fuel companies. This may seem to be a bold and radical mission, but author-activist Bill McKibben, whose 350.org is at the heart of the message, believes this is a campaign whose time has…
At 5 AM on Thursday November 1st…, just days after Superstorm Sandy battered the east coast I boarded a plane from Portland, OR to Newark, NJ. Originally, I was simply going east to visit my 93 year old grandmother; yet as I spoke to my family that morning
The digital age allows many of us to send emails instantly, shop online, and store documents in “the cloud.” But the demands of our digital consumption are powered by large data centers that process information requests and store large amounts of data, all with an environmental impact. A recent series…
Following the earthquake and tsunami that forced the Japanese government to shut down all of Japan’s nuclear power plants last March, the country has significantly shifted its energy sources. Today, just two of the country’s 50 nuclear reactors have recommenced operations. Prior to the natural disaster, Japan depended on its…
Last week, at the Carbon Disclosure Project’s Global Climate Change Forum, the organization issued a challenge to the United States to match the leadership of many corporations by moving forward on climate regulation. The Carbon Disclosure Project (CDP) is a London-based research organization that represents 650 institutional investors, including Portfolio…
I was riding my bicycle to work the other day and a city bus went blasting past me. As it did so, I couldn’t help but see the words “Powered by CLEAN BURNING natural gas!” emblazoned on its rear end. Natural gas is a fossil fuel, it isn’t clean burning,…
Across the United States, the development of natural gas via hydraulic fracturing and horizontal drilling currently occurs in 32 states. As the development of shale gas has increased, so has the number of community groups united in an effort to end hydraulic fracturing (fracking) in their communities. Last week, more…