If declining alternative energy prices are the hammer on fossil fuels, then the onset of climate change is the anvil. This week, two stories came up showing the world’s climate changing for the much worse. First, Lake Mead dropped to it lowest levels ever. It is currently at 37% of it’s normal depth and fed by the already …
The Village of Minster in Western Ohio just unlocked a major green power achievement through an agreement to buy power from Half Moon Venture’s newly commissioned 4.3-MW solar power system coupled with a 7 MW/3 MWh battery. Yes, battery! (Minster is not only on the cutting edge of green power but is also the home of Dannon Yogurt) The system, …
When you really look at the utility of the fossil fuel industry as an investment, a warning that comes to mind is “volatility.” Today we find two separate headlines that show the many spikes and valleys of the industry. In one corner, we have a piece on oil reaching a six month high just below …
The Gates Foundation continues their disposal of fossil fuel equities. Between September and December, 2015, the Foundation “sold its $187m stake in BP.” This move follows a prior stock sale by the foundation to liquidate their entire $824 M holding in ExxonMobil. This matters because as recently as October, Bill Gates is on the record against divestment …
The Bill and Melinda Gates Foundation Continues its Divestment from Oil Read More »