Browsing the "divest" Tag

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Divest! Banks and institutions dumping dirty fossil fuel money

Institutions are reacting to public outrage over fossil fuel investments. Through divestment from fossil fuels, profits that wreak havoc on our planet are being diverted to alternative energy and other investments that can provide a sustainable tomorrow for the world’s citizens. by Carolyn Fortuna  Divestment decisions last month at Harvard University heartened student activists and reinforced a […]

May 26th

Divest! US Bank agrees to dump pipeline financing!

One of America’s leading banks, U.S. Bank, announced in April that it would formally exclude all gas and oil pipelines from its project financing. In a revision to the company’s Environmental Responsibility Policy, U.S. Bank stated that it no longer “provide project financing for the construction of oil or natural gas pipelines.” Further, U.S. Bank explained that […]

May 16th