Casper Star Tribune: A new study from the Institute of Energy Economics and Financial Analysis, a think tank advocating a transition away from fossil fuels, charts the decline of the Powder River Basin coal industry and warns of more difficulties to come. The basin’s mines are the most vulnerable parties in the rapid transition to greener energy, […]
Times Union: A shock went through energy stock markets recently as Norway moved its $1 trillion sovereign wealth fund to dump oil and gas stocks, seeing the risk increasing. Recall this is a fund built on oil money. Yet state Comptroller Tom DiNapoli, the sole custodian of our $200 billion state pension fund, still can’t […]
Rambu Energy: Indonesia’s policies are getting in the way of wider introduction of solar energy, according to a recent report issued by the Institute for Energy Economics and Financial Analysis (IEEFA). The country has lagged behind others in the region and IEEFA analysts urge introducing new regulations that encourage investment. “In spite of abundant solar […]
The Guardian: Major Japanese investors, including those most indebted to coal, are seeking to back large-scale renewables projects across Asia, marking a “monumental” shift that energy market analysts say is “the start of the end for thermal coal”. At the same time, Japanese banks and trading houses are walking away from coal investments, selling out […]
IEEFA op ed: New York State pension fund should divest from fossil fuels
Investments need to address poor stock performance of fracking industry
A shock went through energy stock markets recently as Norway moved its $1 trillion sovereign wealth fund to dump oil and gas stocks, seeing the risk increasing. Recall this is a fund built on oil money. Yet state Comptroller Tom DiNapoli, the sole custodian of our $200 billion state pension fund, still can’t find good […]