Archive

  • Shell bows to investor pressure over carbon disclosure

    29 January 2015

    Royal Dutch Shell has caved in to demands from shareholders that it increases reporting on its carbon management.

  • UCL report adds weight to stranded assets warnings

    08 January 2015

    The stranded assets debate has gained further momentum after academics at the University College London (UCL) found that half of gas reserves and more than 80% of coal reserves are "unburnable" if global warming is to be restricted to 2°C.

  • Californian pension funds are wary of coal divestment legislation

    24 December 2014

    Two major pension funds have reacted warily to reports that Kevin de Leon, Californian senate leader, plans to introduce legislation that would require them to sell their holdings in coal companies.

  • Shell shareholder resolution on carbon gets go-ahead from investors, BP set to follow

    16 December 2014

    A shareholder resolution demanding that Shell report on its climate change strategy has attracted the 100 signatories it needs in order to be filed at the company's AGM, while a similar action against BP is on course to reach the same milestone.

  • Companies' efforts to cut carbon have 'plateaued', finds CDP

    12 December 2014

    Emissions reductions from some of the most carbon-intensive companies have "plateaued" over the past year, according to a report by the CDP.

  • Norwegian wealth fund ponders fossil-fuel divestment, following report

    04 December 2014

    Norway's sovereign wealth fund is considering divesting from the most carbon-intensive petrol and coal firms.

  • Bank of England to step up stranded assets research

    02 December 2014

    Bank of England governor Mark Carney plans to "deepen and widen" its inquiry into the debate around stranded fossil fuel assets.

  • Pension firm divests NOK500m from coal but challenges 'stranded assets' theory

    25 November 2014

    Norwegian pension giant KLP has dismissed the "stranded assets" debate, but still plans to divest from coal companies in favour of renewable energy.

  • Investors welcome tighter GHG targets from US and China

    12 November 2014

    Investors have welcomed new targets on greenhouse gas (GHG) emissions announced by China and the US in which China has, for the first time, committed to reduce its absolute level of emissions.

  • $271bn of capital at risk in Canadian oil sands, says Carbon Tracker

    04 November 2014

    Companies developing oil sands in Canada risk wasting $271 billion of capital on projects that would be uneconomic at an oil price below $95/barrel, the Carbon Tracker Initiative (CTI) has warned.