Norway's Coal Divestment from $900B Fund Could Hit U.S. Companies
"Directors of the Norwegian sovereign wealth fund, an investment pool worth more than $900 billion, will sell many of its coal industry holdings, officials said last week."
"Directors of the Norwegian sovereign wealth fund, an investment pool worth more than $900 billion, will sell many of its coal industry holdings, officials said last week."
"Top world leaders agreed Monday to dramatically reduce or altogether eliminate greenhouse gas emissions by 2100, in an announcement meant to build momentum for a global climate deal in Paris this December."
"A Texas company whose ruptured pipeline created the largest coastal oil spill in California in 25 years had assured the government that a break in the line while possible was "extremely unlikely" and state-of-the-art monitoring could quickly detect possible leaks and alert operators, documents show."
"A U.S. federal jury acquitted a former BP Plc executive on Friday of lying about how much oil spilled into the Gulf of Mexico following the explosion of the Deepwater Horizon rig in April 2010, according to lawyers on both sides of the case."
Despite early headlines, an EPA study on the impact of fracking on drinking water offered both sides ammunition.
"The Organization of the Petroleum Exporting Countries is highly unlikely to agree to curbs on its members’ oil output at its meeting here on Friday, even though oil prices are about 40 percent lower than a year ago, OPEC officials and analysts say."
"Ikea, the world’s biggest furniture retailer, plans to spend €1bn ($1.13bn) on renewable energy and steps to help poor nations cope with climate change, the latest example of firms upstaging governments in efforts to slow warming."
"The very seats designed to provide safety for small children have been found to be at risk for containing toxic chemicals, according to an updated study released today by Healthystuff.org. Still, despite the concerns raised by this study, using a properly installed child safety seat is the best way to transport a child by car."
"Two Florida members of the House of Representatives are joining one of the state’s senators to keep oil drilling far off shore, seeking to stave off efforts to bring the rigs closer to land."
"A landmark Environmental Protection Agency report on the impact of hydraulic fracturing has found no evidence that the contentious technique of oil and gas extraction has had a widespread effect on the nation’s water supply, the agency said Thursday."