New York state divests from fossil fuels in historic move
The massive pension fund’s financial portfolio is worth $226 billion. The new plan is to sell off the riskiest gas and oil stocks and be completely divested from fossil fuels by 2025.
The climate crisis demands action — and action is happening. This archive tracks real progress: policy wins, clean-energy milestones, community resilience, and scientific advances that show meaningful change is possible. Stories here come from every corner of the world.
The massive pension fund’s financial portfolio is worth $226 billion. The new plan is to sell off the riskiest gas and oil stocks and be completely divested from fossil fuels by 2025.
For perspective, that is almost as much solar as is currently installed in the entire United States.
According to a new report, the U.S. secondhand clothing market will more than triple in the next 10 years – from $28b in 2019 to $80b in 2029. In 2019, secondhand clothing expanded 21 times faster than conventional apparel retail did.
According to the Washington Post, the Danish Parliament voted on December 3 to end offshore gas and oil extraction, which had started in 1972 and made the country the largest producer in the European Union. The Danish government says it is “now putting an end to the fossil fuel era.”
In November, San Francisco’s Board of Supervisors voted to ban natural gas in new buildings. On December 2, Oakland’s city council did the same. Now Seattle Mayor Durkan announced a proposal to ban natural gas in new commercial and large multi-family construction for space and most water heating.
The Singapore Food Agency (SFA) has declared that the U.S.-based company Eat Just can sell its cultured “chicken bites” in the country, The Guardian reported Wednesday.
The government of New Zealand declared a climate emergency, a symbolic step recognizing IPCC predictions of substantial global warming if emissions do not fall. Alongside the declaration, New Zealand announced it would require its public sector to become carbon neutral by 2025.
Scotland’s gas SGN company will outfit some 300 homes in Fife with free hydrogen boilers, heaters, and cooking appliances. The effort is the largest attempt so far to test whether carbon-free hydrogen can help the U.K. meet its carbon goals.
Dozens of Native nations and tribal institutions in the United States have designed climate change plans that include formal strategies and initiatives to increase the resiliency of their communities.
The U.K. government initially announced the ban in 2017 with a deadline of 2040. The deadline was met with criticism. Experts warned that the 2040 deadline was too late, and the UK would not achieve its goal of net zero emissions by 2050.