The best of EcoWatch, right in your inbox. Sign up for our email newsletter!
A month and a half ago, BlackRock, the world's largest investment firm, made waves for choosing to divest from some coal investments, setting up funds that avoided fossil fuels, and saying it would only support corporate board members who factored the climate crisis into its decisions. While the initial announcement was met with some criticism by environmental activists, BlackRock's recent decisions have cast doubt on the seriousness of its commitments to help fight the global climate crisis.
Greenpeace Activists Urge Barclays to 'Stop Funding the Climate Emergency,' Shut Down Branches Across UK
By Jessica Corbett
In a coordinated action to pressure Barclays to stop financing climate destruction, Greenpeace activists on Monday morning shut down 97 of the British investment bank's branches across the United Kingdom.
EcoWatch Daily Newsletter
British-based oil and gas giant BP set the most ambitious climate goal of any company in its industry yesterday when it announced that it will eliminate or offset all of its greenhouse gas emissions by 2050, according to The New York Times. Its ambitious plans included offsetting the burning of oil and gas it takes out of the ground.
By Julia Conley
Student-led anti-fossil fuel campaigns at universities across the country pointed to Georgetown University Friday as the school's board of directors announced it would divest from fossil fuels and redouble its efforts to invest in renewable energy instead.
- Despite efforts to achieve net-zero by 2050, global emissions are still rising.
- A new study suggests ways to fast-track efforts to decarbonize the planet.
- Building a business case for sustainable energy could drive the transition.
It's not too late to stop climate change. According to new research, decarbonizing fast enough to stabilize the climate and fast-track the planet to net-zero rests on all of us changing how we think and act — and doing it fast.
Youth Activists Call on California State Teachers Retirement System to End 'Toxic Relationship' With Fossil Fuel Companies
By Eoin Higgins
Youth climate activists in California descended on the state's capitol Sacramento on Thursday to demand divestment from the fossil fuel industry from public school teachers' pension system.
World’s Largest Fund Manager to 'Reshape' Investment Portfolio to Consider Climate Crisis, Sustainability
Shareholders of one of Europe's biggest banks are pushing for it to stop investing in fossil fuels, in the first shareholder action of its kind targeting a European bank.