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World’s Biggest Sovereign Wealth Fund Dumps Dozens of Coal Companies

Norway’s giant fund removes investments made risky by climate change and other environmental concerns, including coal, oil sands, cement and gold mining

The world’s richest sovereign wealth fund removed 32 coal mining companies from its portfolio in 2014, citing the risk they face from regulatory action on climate change. Photo by Curt Carnemark/World BankThe country’s $850 billion sovereign wealth fund, GPFG, has published its…
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by: The Guardian – February 6, 2015

Keystone Pipeline: Oil Price Drop Will Worsen Climate Impact, EPA Warns

Falling oil prices could mean higher carbon pollution for the controversial pipeline, a finding that gives Obama new cause to reject the project

Falling oil prices have changed the economic viability of the Keystone XL pipeline — and that means the project would result in much higher carbon pollution, the Environmental Protection Agency (EPA) said on Tuesday. The finding hands President Barak Obama new grounds…
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by: The Guardian – February 3, 2015

White House Unveils Plan to Open Atlantic Waters to Offshore Oil Drilling

Move to lease large swaths of ocean along east coast and double down in Gulf of Mexico oddly comes in wake of attacks against right for climate change denial

President Barack Obama pivoted from his goal of fighting climate change on Tuesday, setting out a plan to allow the first oil drilling in Atlantic waters off the US east coast but bar companies from some of the pristine waters off the…
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by: The Guardian – January 30, 2015

Obama Attacks Republicans’ Climate Denial but Offers No New Green Initiatives

However, the President's State of the Union speech didn't didn't tout his “all of the above” energy strategy either

President Barak Obama insisted forcefully before his newly empowered opposition on Tuesday that he would hold the line against attacks on his domestic and international climate agenda. But even though he called out climate deniers once again, the president offered no concrete…
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by: The Guardian – January 21, 2015

Obama Moves to Cut Methane Emissions by Almost Half

EPA to cut oil and gas industry methane emissions by 45% by 2025

President Barak Obama will unveil a plan to cut methane emissions from America’s booming oil and gas industry by as much as 45 percent over the next decade in an attempt to cement his climate legacy during his remaining two years in…
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by: The Guardian – January 14, 2015

President Obama Will Veto Keystone XL Pipeline Bill, White House says

Keystone supporters do not have the 67 votes needed to overcome a presidential veto

President Barack Obama would veto a bill aimed at forcing construction of the contentious Keystone XL pipeline, the White House has said, setting up an immediate confrontation with the new Republican-controlled Congress. The White House, ending weeks of speculation about its response…
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by: The Guardian – January 6, 2015

New York State to Ban Fracking Over ‘Red Flags’ to Public Health

Decision comes after two-year study into the effects of fracking on the state’s air and water raises ‘serious questions’

The state of New York said it would ban the controversial practice of hydraulic fracturing on Wednesday because of “red flags” about its risks to public health. The ban puts one of the last great areas of untapped potential in the Marcellus…
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by: The Guardian – December 17, 2014

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