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Climate change, Companies, Oil and Gas / 03.11.2020

Climate change action is escalating the risk of stranded assets for oil and gas companies

Coal mines, oilfields and gas reserves are increasingly losing their value as tighter regulations aimed at tackling climate change already are and will continue to be put in place. Due to this, oil and gas companies are expected to write-off at least half of the...

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Climate change, Disinvestment, Oil and Gas / 10.01.2018

New York City plans to divest $5bn from fossil fuels and sue oil companies

NY City has set a goal of divesting New York’s $189bn pension funds from fossil fuel companies within five years in what NYC officials say would be “among the most significant divestment efforts in the world to date”. Currently, New York City’s five pension funds...

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