Ireland took a major step Thursday towards becoming the first country in the world to divest from fossil fuels, NPR reported.
Groups of citizens have been organizing worldwide to fight against fossil fuel industry's negative impacts on their lives. These impacts are either direct—through expropriations of land and development of infrastructure against the will of the population—or indirect—through their role in the sharp increase of climate-altering emissions threatening health and livelihoods worldwide.
Kathryn "Kat" Taylor, a member of the Harvard Board of Overseers and wife of billionaire climate activist Tom Steyer, made an unprecedented public call on Harvard University to divest from fossil fuel stocks.
The action comes after the university's $37.1 billion endowment—the world's largest academic fund—reported a lackluster 8.1 percent return that reflected "deep structural problems" that will take years to turn around, its endowment manager said.
By Katherine Wei
Private banks around the world are back to funneling more money into the global fossil fuel sectors in 2017, according to a report released today by Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Sierra Club and Honor The Earth.
By Andy Rowell
Goldman Sachs, the investment bank at the heart of the global economy still doesn't get it.
By Rachel Hubbard
Tuesday, the city of Paris has said it will explore the possibilities of suing the fossil fuel industry. In response to the city's recent climate damage including massive recent floods, Paris is considering taking this action following in the footsteps of New York and other U.S. cities.
The following is a speech given by Naomi Klein in New York City on Jan. 10.
I want to thank Mayor de Blasio for this historic announcement that New York is divesting from fossil fuels and suing five oil majors.
New York City's iconic Empire State Building glowed green Wednesday night following two "watershed" announcements—that the city would seek to divest its pension funds from fossil fuel investments, and that it filed suit against five oil giants for contributing to climate change.
"The Empire State Building is shining green tonight because it's time to put our planet first. #DivestNY," Democratic Mayor Bill de Blasio tweeted Wednesday.
By Andrea Germanos
Climate advocates hailed what they say is a "watershed" moment on Wednesday following two announcements by New York City: that the city would seek to divest its pension funds from fossil fuels within five years, and that it filed suit against give five fossil fuel giants for their role in driving the climate crisis.
