Saturday, June 15, 2024

Tag: fossil fuel divestment

Climate confrontation: Over 50 arrested as activists target Citigroup’s climate policies

Protesters descend on Citigroup's Manhattan HQ, igniting a 'Summer of Heat' against banks fueling fossil fuel projects and escalating the climate crisis.

Climate activists blockade Citigroup HQ in NYC to demand banking giant...

Citibank is the world’s second-largest funder of coal, oil and gas.

How protests that double as trainings are growing this fossil fuel...

The activists represented a broad coalition of grassroots organizations that had come to Malvern to stage an intervention over Vanguard’s $300 billion investments in fossil fuels.

Hospitals are investing billions of dollars in fossil fuels, report reveals

Should hospitals decide not to join the fossil fuel divestment movement, they risk betraying their mission to serving their patients, new report said.

World’s biggest banks poured $673 billion into fossil fuels last year

“This is one of the most insane misallocations of capital in human history.”

As California considers dropping fossil fuels from major pension funds, new...

“California cannot be a climate justice leader if we continue to invest in the companies that are polluting our environment.”

New report: World’s 60 largest banks have poured $3.8 trillion into...

Even amidst the global economic downturn, fossil fuel financing numbers were higher in 2020 than 2016.

Rutgers University makes ‘powerful decision’ to divest from fossil fuel

“This decision aligns with Rutgers’ mission to advance public health and social justice.”

‘A big deal’: Bill McKibben on Rutgers fossil fuel divestment &...

Author, environmentalist and 350.org co-founder Bill McKibben says the Rutgers divestment decision is “a big deal,” especially as it happened at one of the oldest universities in the United States.

Trump administration targets banks divesting from fossil fuels in new anti-climate...

The OCC’s new rule could stunt divestment campaigns by requiring major banks to justify each individual decision to regulators using “quantitative, impartial risk-based standards established by the bank in advance.”

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The Medicare Advantage Paradox: How private insurers cost taxpayers billions

Recent studies and reports from the Medicare Payment Advisory Commission (MedPAC) reveal that MA overpayments have significantly burdened taxpayers.

Clarence Thomas faces fresh scrutiny over undisclosed luxury trips funded by billionaire

This has prompted renewed calls for his resignation and demands for stricter ethics reforms for the highest court in the land.

Trump’s $48 billion corporate tax cut proposal exceeds annual K-12 education budget

The proposed reduction in the corporate tax rate from 21% to 15% would result in massive tax savings for the largest U.S. companies, benefiting wealthy shareholders while neglecting workers and public investments.

Russia’s war on Ukraine generates more emissions than 175 countries: $32 billion climate bill...

The first two years of Russia’s invasion resulted in greenhouse gas emissions equivalent to the annual emissions of 175 individual countries, further intensifying the global climate emergency.

Navigating the energy transition: Renewables abound, but grid challenges loom

Renewable energy doesn’t matter if we can’t distribute it.