Tag Archives: 350.org

The U.S. Senate on Wednesday, January 1 2017 voted to confirm Rex Tillerson as the next Secretary of State. The former chairman and chief executive of ExxonMobil faced a tough series of confirmation hearings and votes before being approved for the position. The 56-43 vote across party lines makes it arguably the most contentious secretary of state confirmation in recent ...

The formal signing of the Paris Agreement could be the next nail in the coffin of the fossil fuel industry if governments actually follow through on their commitments, 350.org Executive Director, May Boeve, has said. She disclosed in a statement ahead of the formal signing ceremony of the Paris Agreement taking place at the UN on Friday that the growing ...

Peabody Energy Corporation, the world’s largest private-sector coal company, filed for Chapter 11 bankruptcy on Wednesday (13 April 2016), spelling the end of coal and a bleak outlook for the entire fossil fuel industry. Coal has been in a structural decline since 2013 and observers believe that the development highlights the need to create a comprehensive plan for a just transition away ...

A massive clean-up operation has begun on the Pacific Island of Fiji after a powerful cyclone. Cyclone Winston hit the island recently, with winds of over 200 miles per hour, torrential rain, and waves of up to 12 metres. Many homes were destroyed, several people died and electricity lines were cut. It’s the first time that Fiji has been hit ...

As over 500 institutions join movement, campaigners want governments to follow suit The fossil fuel divestment campaign appears to have broken a new record at COP21 in Paris, as over 500 institutions representing over $3.4 trillion in assets have made some form of divestment commitment, according to 350.org and Divest-Invest, two organisations coordinating the growing movement. The new numbers are ...

Munich, Germany-based European insurance and asset management firm, Allianz, has announced that it will pull the plug on investments in coal companies and increase investments in wind energy. Allianz is one of the largest financial institutions in the world, managing €2 trillion. They estimate the decision will result in a shift of €4 billion. 350.org Europe campaigner Nicolò Wojewoda comments: ...

Reactions have trailed the recent decision by President Barack Obama of the US to deny TransCanada’s application to build the Keystone XL pipeline. Observers say that, through this singular act, Obama has made history by being the first world leader to turn down a major infrastructure project because of its impact on the climate. Co-founder of 350.org, Bill McKibben, says: ...

The Fossil Free campaign, which has spearheaded the movement to divest from fossil fuels since it began in 2012, will hold a Global Divestment Day spanning six continents on February 13-14. Global Divestment Day will celebrate the incredible growth and increasingly international reach of the fossil fuel divestment movement. By 2014, 180 institutions had divested citing climate or carbon risk ...