The University of California is the world’s leading university on dealing with climate risk to its investments - most others have a long way to go.
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Do universities deserve praise for pledging to drop fossil-fuel investments, or for actually doing it? Former Liberal leader John Hewson, who leads the Asset Owners Disclosure Project, says only the latter.
Students on college campuses in a number of college campuses are pressuring universities to divest from fossil fuel companies. Will professors follow?
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Another Australian university has outlined plans to reduce the exposure of its investments to climate change, and is taking a contrasting approach to the Australian National University’s high-profile divestment…
Investing in fossil fuels for the long term? You might find your plans get pricked.
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The controversy ignited by the Australian National University in October, when it decided to sell its shares in seven resources companies, has raised two important questions about divestment from assets…
Company demergers are occurring in record numbers in the United States this year.
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For the global mergers and acquisitions market, 2014 has been a year of strong recovery. According to Mergermarket, global M&A value in the first three quarters reached over US$2.5 trillion – a record…
Protesters gather outside AGL’s annual general meeting.
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A licence to dig is no longer enough for today’s mining and extractive companies. Stakeholder approval is progressively becoming a “must have” for mining companies around the globe — a requirement these…
The ANU’s recent decision to stop investing in companies it judges to have behaved in an unsustainable manner environmentally or even socially has attracted a great deal of attention. The overwhelming…
Big polluters would soon burn off their profits.
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Glasgow recently became the first European university to join the rapidly-expanding fossil free divestment movement. Following hot on the heels of the Australian National University, Glasgow promised to…
Universities in the US have led the divestment charge - the ANU is leading the Australian movement.
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Tony Abbott’s criticisms of the ANU’s divestment decision will come back to bite him. The tide of change is such that Vice-Chancellor Ian Young and the ANU Council will be seen as leaders. Others will…
Opening a mine in Queensland this week, Prime Minister Tony Abbott said coal was “good for humanity”.
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News emerging from Washington last week suggests climate change may amount to more than an FAQ in the appendices of this November’s G20 leaders’ summit agenda. President Obama’s deputy national security…
The Australian National University has drawn fire for dumping mining stocks - but is it alone?
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The Australian National University’s decision to withdraw A$16 million in investment from seven resources companies, including gas producer Santos, has been praised by divestment campaigners and condemned…
ANU’s divestment decision is only worth A$16 million - but the outcry suggests it will be more influential than the numbers suggest.
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Is the Australian National University’s decision to sell its shares in some resource companies merely tokenistic? Far from it. The outrage from the affected companies shows how much influence universities…
Universities have led the charge on fossil fuel divestment - but is divestment the best way to manage climate risks?
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Divestment from fossil fuels, advocated by climate action campaigners such as Bill McKibben, is a blunt instrument for reducing carbon emissions, according to climate risk analyst Robert Litterman in an…
World Bank President Jim Yong Kim warns investors not to ignore climate risks.
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If you haven’t heard about the growing campaign for fossil fuel divestment, and what it means for both your retirement funds and for the global economy, it’s time to pay attention - because now even the…