The Fossil Fuel Thunderdome

Posted by on Mar 7, 2016 in Uncategorized | No Comments
The Fossil Fuel Thunderdome

Orignially posted on gofossilfree.org 2/22/16 There is some pretty dramatic stuff happening within the fossil fuel industries these days; low oil prices, profit loss, canceled projects and downsizing — to name a few. In this blog, I’ll unpack just a small bit of what’s going on, but the longer story is all germane to the […]

Responding to Oil Funded Anti-divestment Reports

Posted by on Feb 10, 2016 in Divestment | No Comments
Responding to Oil Funded Anti-divestment Reports

Originally posted September 25, 2015 on gofossilfree.org Once again, the oil industry is doing its best to spin the data and hide the whole picture to further its agenda. This time, they are working to build the case that investors will lose money if they divest from fossil fuels. Spoiler alert: we think this is […]

Why fossil fuel stock prices are doomed

Posted by on Feb 9, 2016 in Divestment, Energy | No Comments
Why fossil fuel stock prices are doomed

Originally Posted Nov. 16th 2015 on gofossilfree.org Numerous fossil fuel divestment campaigners have pointed to the stock markets lately to tell trustees that they are losing significant funds by not divesting. It’s true; fossil fuel stocks have lost 30 cents on the dollar in the last 21 months alone.* That translates to big money when […]

CalPERS and Shareholder Engagement

Posted by on Jan 26, 2015 in Divestment | No Comments

Check out the original post at Fossil Free CA Big investors like the California Public Employees’ Retirement Fund (CalPERS) are faced with a difficult choice. They can divest completely from fossil fuel companies to make a public statement about climate change. Or they can hold on to them and attempt, as shareholders, to influence the […]

The Great Deflation

Posted by on Jan 26, 2015 in Divestment | No Comments
The Great Deflation

Not all bubbles pop in the same way – that is, not all bubbles are created equal. We may not see a steep and dramatic drop in the stock market, precipitated by a large chunk of fossil fuel reserves being stranded. The carbon bubble could pop gradually, cutting into the portfolios of pensions and endowments […]

California is the 8th Largest Economy in the World, And California’s Pension is the 55th Largest Fossil Fuel Company in the World.

Posted by on Sep 4, 2014 in Divestment | No Comments
California is the 8th Largest Economy in the World, And California’s Pension is the 55th Largest Fossil Fuel Company in the World.

California’s pension fund isn’t really a fossil fuel company, or a company at all; but they currently finance enough coal, oil, and gas reserves to put them well within the top 100 oil and gas reserve holders and also the top 100 coal reserve holders. The California Public Employees’ Retirement System (CalPERS) is the nation’s […]

The Peoples Climate March

Posted by on Aug 4, 2014 in Divestment, Economic Theory | No Comments
The Peoples Climate March

On September 21st I’ll be landing in the city of New York to join the largest political gathering of my generation. My baby will be around 25 days old at that point (very excited to be a dad), and, although it will be painful to leave the little guy and travel to the other side […]

Too-Big-to-Fuel

Posted by on May 2, 2014 in Divestment | No Comments
Too-Big-to-Fuel

Here at 350.org we pay attention to stuff like the top 200 coal, oil and gas companies by size of reserves. That list is a way to track potential carbon emissions in a world where increments of carbon bring on more climate related disaster. This week, the new 2013 list of the top 200 coal, […]

The Joke of Internal Carbon Pricing by Fossil Fuel Companies

Posted by on May 2, 2014 in Divestment, Economic Theory | No Comments
The Joke of Internal Carbon Pricing by Fossil Fuel Companies

One of the questions the fossil fuel divestment campaigners get asked all the time, is how has the fossil fuel industry reacted to the divestment movement? The answer to that question can be summed up in a response to fossil fuel companies using internal carbon pricing. For 18 months now a growing number of us […]

Does the climate movement need to be Anti-Capitalist?

Posted by on Mar 31, 2014 in Economic Theory | No Comments
Does the climate movement need to be Anti-Capitalist?

 Inspired by David Harvey’s new book, Seventeen Contradictions and the End of Capitalism. Starting with the maxim that ‘The accumulation of capital will never cease. It will have to be stopped. And the capitalist class will never willingly surrender its power. It will have to be dispossessed” we can further assess our impact as climate […]