Not-to-be-missed tweeted news on the global #fossilfuel #divestment movement and campaign.
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August 26
What is #divestment, anyway? On our first episode of our DITCHED miniseries, we're talking with @ellend35 of @wallaceglobal about the origins of the movement, and why #sustainableinvestment needs to be part of the conversation too. Click here to listen: https://t.co/yYSXzbSzOY pic.twitter.com/sDRiOFSBfX
— Political Climate (@Poli_Climate) August 25, 2020
We need to stop wasting money on fossil fuel subsidies and the funding of coal.
Coal should have no place in any rational #COVID19 recovery plan.
— António Guterres (@antonioguterres) August 26, 2020
August 25
#Divestment from fossil fuels works. Exxon to be removed from DJIA in a few days: #climatefinance https://t.co/LfmMqyEARp
— Marilyn Waite (@WaiteMarilyn) August 25, 2020
August 24
Storebrand dumps $47m of fossil fuel holdingshttps://t.co/yOBxFrSaN7
— IPE.com News (@IPEnews) August 24, 2020
August 23
Huge victory for climate justice and #divestment advocates. Congratulations to @HarvardForward !@DivestHarvard https://t.co/PNU25OFHB1
— Richard Brooks ☀️ (@RichBrooks350) August 23, 2020
August 21
Major Australian insurer Suncorp will end financing or insuring of O&G industry by 2025, adding to the group’s existing ban on support for new thermal coal projects,“to manage the risk of stranded assets as we transition to a net-zero emissions economy.” https://t.co/kg3IiviBSt
— Mark Campanale (@CampanaleMark) August 21, 2020
#Climate activists, including a member of @USWNT, claim three seats on Harvard alumni board to press for fossil fuel #divestment https://t.co/WtdtBiknbP
— Nichola Groom (@nicholagroom) August 21, 2020
August 20
We're driving in a bus that is going to crash soon if we don't turn around, and we just keep on throwing more and more money at the bus driver to keep on going? Are we mad? 🏔💥🚌#divestment https://t.co/lIDwcE6HYh pic.twitter.com/bunA9E0u4E
— CO2ken (@CO2ken_io) August 20, 2020
Following increasing investor pressure, mining giant BHP announced it plans to exit thermal coal and look into divesting from mature oil and gas fields (1/3 of its oil and gas earnings in 2019), citing lack of competitiveness.
Full story by @guardian https://t.co/aHfxbtwLwZ
— Seahorse Environmental (@SeahorseEnv) August 20, 2020
August 18
Even current Arctic policies don't entirely rule out finance for Arctic drilling. While at least 25 banks commit to stop providing project finance for Arctic oil&gas, only a few also exclude general finance to companies drilling in the Arctic. For details: https://t.co/1AmNM9qSXo
— Fossil Banks No Thanks (@NoFossilBanks) August 18, 2020
August 6
+++ BREAKING +++#UniCredit abbandonerà DEFINITIVAMENTE il #carbone entro il 2028, in tutto il mondo!!!
Un risultato straordinario, dopo anni di campagna di pressione portata avanti da @Recommon insieme con @Greenpeace_ITA e società civile europea.
— Alessandro Runci (@Ale_Runci) August 6, 2020