LA City Council votes unanimously to end urban oil drilling
This big win follows on the heels of similar recent phase-out votes by the Los Angeles County Board of Supervisors and Culver City Council.
This archive tracks meaningful progress on oil, natural gas, and divestment — from institutions pulling funds out of fossil fuels to policy shifts that reshape energy finance. Stories here document what’s actually changing, and who’s driving it.
This big win follows on the heels of similar recent phase-out votes by the Los Angeles County Board of Supervisors and Culver City Council.
The $8 billion, three-foot-wide, 229-mile-long pipeline would have carried methane-based gas from Canada to the Oregon facility where it would have been shipped to international markets.
The ABP fund is a wealthy and influential investor that manages the pension savings of more than 3 million Dutch workers and has some 15 billion euros invested in fossil fuel production.
A federal judge agreed with conservation groups that fracking and drilling will worsen air quality in a region where smog levels have exceeded federal pollution standards and threaten public health.
There are currently 1,046 active wells, 637 idle wells, and 2,731 abandoned wells in unincorporated areas of the nation’s most populous county.
President Bacow said the school’s endowment had no direct investments in fossil fuel exploration or development companies as of June and will not make such investments in the future.
Intesa’s exclusion covers all financial products and services, as well as advisory services, and applies to projects and companies involved in exploration, production, and pipeline transport of Amazon oil.
The world is officially rid of one particularly insidious fossil fuel that for decades was a major cause of public health problems in developing countries, especially in Africa.
Despite the country having a substantial amount of potential oil deposits, the government has stated that the country has ceased further exploration in an effort to combat climate change and focus on sustainable development.
Whatcom County’s council unanimously passed a measure that bans the construction of new refineries, coal-fired power plants and other fossil fuel-related infrastructure.