Mike Gaworecki's blog

Divestment Movement Hits Major Milestone As World Leaders Debate Climate Action In Paris

More than 500 institutions that manage $3.4 trillion in assets have now committed to divesting holdings in fossil fuels, divestment campaign groups announced today in Paris.

As recently as September 2014, just 181 institutions managing $50 billion in assets had made some sort of divestment commitment.

350.org and Divest-Invest, two of the key groups organizing the divestment movement, announced the new additions to the growing list of divestors this morning in Paris at the UN COP21 climate negotiations.

New Study Exposes True Extent, Influence Of Climate Denial Echo Chamber For First Time

Thanks to a recent poll from ABC News and the Washington Post, we know that nearly two-thirds of American adults think global warming is “a serious problem facing the country.”

And now, thanks to a study published in the journal Nature Climate Change (full study available at this link), we know exactly how many people are out there taking money from dirty energy interests to try and confuse Americans about climate changeto derail overdue action and protect the fossil fuel industries' profits.

Justin Farrell, a professor of sociology at Yale’s School of Forestry & Environmental Studies and the author of the report, studied both the institutional and social network structure of the climate denier movement and found that there are some 4,556 individuals with ties to 164 organizations that are involved in pushing anti-climate science views on the public.

Protest Aired Live On Monday Night Football Calls Out Financing For Dominion Resources’ LNG Export Facility

It was the third quarter of this week’s Monday Night Football matchup between the struggling Indianapolis Colts and the undefeated Carolina Panthers, who were playing before a hometown crowd of 70,000. Colts quarterback Andrew Luck was about to engineer a startling comeback to force the game into overtime, but most eyes were probably turned away from the action on the field.

Two activists had managed to smuggle climbing gear through security and were now rappelling from the upper deck of Bank of America Stadium in Charlotte, North Carolina, BofA's home town.

In front of tens of thousands of football fans in attendance and a live national TV audience, the protesters unfurled a banner reading “BoA: Dump Dominion, WeAreCovePoint.org.” According to sports blog Deadspin, the banner drop was aired live on ESPN.

River Supplying Water To Alberta Oil Sands Operations At Risk From Drought

A new study casts doubt on the long-term ability of the Athabasca River to supply the water Alberta’s oil sands industry relies on.

Water is allocated to oil sands operations based on river flow data collected since the 1950s, but that doesn’t necessarily represent an accurate assessment of the Athabasca River’s flow variability over the longer term, according to a report published this week in the Proceedings of the National Academy of Sciences.

Morgan Stanley Targeted Over Coal Financing

Earlier this year, Bank of America and Credit Agricole both announced they were moving away from financing coal, citing a number of factors, among them the threat of future regulation due to coal’s impact on the planet and human health and pressure from environmental activists.

Now the Rainforest Action Network is targeting Morgan Stanley with calls to meet or beat its Wall Street colleagues’ commitments by adopting policies to end its financing for companies involved in coal mining and coal-fired power.

California Finding New Ways To Extend Benefits Of Solar To Low-Income, Minority Communities

The California legislature has sent a bill to Governor Jerry Brown’s desk that aims to extend the benefits of solar energy to communities that often have no access to clean energy technologies.

Assembly Bill 693 would create the Multi-Family Affordable Housing Solar Roofs program, which would be authorized to spend $100 million a year for at least 10 years to install solar panels on 210,000 affordable housing units in the Golden State.

It’s estimated that beneficiaries of the program would save more than $38 million per year on their electricity bills and receive another $19 million a year in solar tax credits and other benefits, a total of $1.8 billion over the life of the program, according to Al Jazeera America.

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