Half of U.K. universities have committed to divest from fossil fuel
Seventy-eight of the U.K.’s 154 public universities have joined the divestment campaign, either divesting or pledging to divest hundreds of millions from the fossil fuel industry.
Oil, natural gas & divestment
Indian cities to buy thousands of electric buses
The sudden jump in electric buses purchases is the result of a financial subsidy worth US$360 million, offered by the central government.
Zero carbon electricity overtakes fossil fuels for first time in the U.K.
Britain is set to achieve a historic milestone this year, with more electricity generated from zero carbon sources than fossil fuels.
Ecuador Amazon tribe win first victory against oil companies
Ecuador’s Waorani indigenous tribe won their first victory against big oil companies in a ruling that blocks entry onto ancestral lands for oil exploration.
Canada bans deep-sea mining, oil and gas drilling in marine protected areas
The decision, which also prevents waste dumping and bottom trawling, helps inch Canada closer to its international commitment to protect 10 per cent of coastal and marine areas by 2020.
China’s electric vehicle sales grow 118% year on year and fossil sales fall 13% in Q1 2019
The China passenger car association’s first quarter figures are in, and electric vehicle sales continue their rapid rise, up 118% year on year, to over 254,000.
Norway is starting the world’s biggest divestment in oil and gas
The Government Pension Fund Global, which was built off Norway’s oil revenues, will begin phasing out $8 billion held in 134 firms to reduce the fund’s risk from volatile oil prices.
Shell becomes first energy company to link executive pay to carbon emissions
Royal Dutch Shell caved in to growing investor pressure over climate change, setting out plans to introduce industry-leading carbon emissions targets linked to executive pay.
Denmark to ban sale of new fossil fuel cars in 11 years
The prime minister of Denmark announced that the country will be banning the sale of new gasoline and diesel-fueled cars in 2030 as a means of reducing their carbon footprint.
Royal Bank of Scotland to stop financing new coal plants, oil sands or arctic oil projects
RBS said it would no longer directly finance new coal-fired power stations or thermal coal mines, oil sands or Arctic oil projects and unsustainable vegetation or peatland clearance projects.