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IEA: Global clean energy investment 'significantly' outpacing fossil fuel spending

GreenBiz

Investment in clean energy is gaining momentum but is still off the pace required to meet the 1.5 Celsius goal, according to a new IEA report.

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GB News Owner’s Hedge Fund Has $2.2 Billion Fossil Fuel Investments

DeSmogBlog

Paul Marshall is the chairman and chief investment officer of Marshall Wace, a London-based hedge fund that he co-founded in 1997. Marshall Wace is now one of the world’s largest hedge funds – an investment vehicle that bets on rising and falling share prices – with around $63 billion (£51.9 billion) in fossil fuel firms.

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2020: Fossil fuels are dead, long live the sun

GreenBiz

2020: Fossil fuels are dead, long live the sun. In this strangest of all years, as the death toll mounts from a disease caused by human incursions into once intact ecosystems, we’re observing another death — the demise of fossil fuels. Hunter Lovins. Thu, 08/13/2020 - 00:15. Is that possible? What happened?

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Prospective GB News Board Member is Fossil Fuel Investor

DeSmogBlog

The startup broadcaster has lost £76 million since its launch in 2021 and relies on the resources of Marshall and its other big stakeholder, UAE-based investment firm Legatum, to survive. Agnew also has shares in Carbon Plus Capital, a private investment company which specialises in carbon offsetting “based on the protection of forests”.

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Harvard University pledges to divest from fossil fuels

Inhabitat - Innovation

Harvard University president Lawrence Bacow has announced that the institution will divest from its fossil fuel holdings. The announcement came Tuesday, stating that the institution has already been cutting its investments in fossil fuels.

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Harvard's decision to ditch fossil fuel investments reflects changing realities

GreenBiz

Students had demanded for years that the university divest from fossil fuels. What happens next?

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Companies still investing too much in fossil fuels, global energy watchdog says

The Guardian: Energy

Head of International Energy Agency says the industry faces a ‘moment of truth’ as Cop28 talks approach Fossil fuel companies are investing twice as much in oil and gas as they should if the world hopes to limit rising global temperatures to avert a climate catastrophe, according to the International Energy Agency (IEA).