Regulation
Republican Senators Escalate Warnings to ESG Actors
New warnings of investigations and hearings for ESG actors arrive from Republican Senators.
Tag: Fossil Fuels
Asset Allocation
Chicago Teachers’ Pension Fund to Reorientate Portfolio to Fully Offset Fossil Fuel Investments
The fund plans to divest its $350 million holdings in fossil fuel related equity and debt and reinvest towards renewable energy sources by the end of 2027.
Asset Allocation
Louisiana Divests Nearly $800 Million from BlackRock to Protect Fossil Fuel Industry
Treasurer John Schroder calls ESG investing a threat to democracy and individual liberty.
Asset Allocation
Princeton to ‘Dissociate’ Fossil Fuel Investments
The university targeted 90 companies active in thermal coal or tar sands segments of the fossil fuel industry.
Newsmakers
ESG Head Leaves Texas Teachers’ Pension
The Teacher Retirement System of Texas is required by law to boycott companies that divest fossil fuels.
Risk
Australia’s HESTA Accused of Greenwashing
The Environmental Defenders Office says HESTA’s investments in oil and gas companies could be in breach of the law.
News
NY Common to Review Net-Zero Readiness of Oil and Gas Firms
Previous energy sector reviews have so far led the $272 billion pension fund to divest from 55 companies.
Asset Allocation
Northwestern Sets New Fossil Fuel Investment Guidelines
The university says it will also boost investments in cleaner energy companies.
Asset Allocation
The Old Tech FAANG Is Dulled, But a New Version Has Promise
Centered on surviving a bleaker world, Bank of America’s updated version has better market performance.
3 Fund Chieftains Explain Why Oil Prices Will Keep Rising
To Britt Harris, Marcus Frampton, and Sean Bill, big forces are aligned to buoy energy costs for a while.
Asset Allocation
Proposed Bill Would Require CalPERS, CalSTRS to Divest Fossil Fuels
The pension giants would have to sell off more than $9 billion combined in assets by 2027.
Risk
Russia Bombed the Largest Nuclear Power Plant in Ukraine. Here’s How That’s Affecting Energy Stocks
Nuclear-related stocks are already seeing a dip.
Asset Allocation
Green Fossil Fuel Companies: Are They Possible?
The data so far seems grim, with one notable exception.
Asset Allocation
Special Report: Green Jobs Have a Nice Future … But Fossil Fuel Work Will Persist
While oil and gas workforces are projected to shrink, they aren’t expected to vanish for some time.
Newsmakers
Boston to Divest From Fossil Fuels, Tobacco, Private Prisons
The city’s mayor signed a bill to eliminate the controversial investments by 2025.