News in English

http://www.bloomberg.com/news/2013-08-11/german-utilities-hammered-in-market-favoring-renewables.html Across Europe and some of the U.S., utilities that a decade ago dominated markets now struggle to cope with lower prices exacerbated by subsidized renewables that don’t pay fuel costs. The pain is most acute in Germany, which led the world installing solar farms and has the largest offshore wind plans.

http://www.bloomberg.com/news/2013-08-06/investors-see-climate-change-as-risk-that-influences-decisions-report.html Climate change remains a material risk for a majority of investors and, in many cases, it is increasingly influencing their investment activities, according to a report released Aug. 5 by a coalition of global investor groups.

http://www.forbes.com/sites/ashoka/2013/07/29/divesting-from-fossil-fuels-means-a-cleaner-safer-and-more-resilient-future/ There are still ample reserves to continue building our economy based on fossil fuels, but if we want to stabilize the climate and avoid the most catastrophic effects of climate change, we have to stop investing in extracting, refining and burning them.

http://uk.reuters.com/article/2013/07/16/us-worldbank-climate-coal-idUKBRE96F19U20130716 (Reuters) - The World Bank's board on Tuesday agreed to a new energy strategy that will limit financing of coal-fired power plants to "rare circumstances," as the Washington-based global development powerhouse seeks to address the impact of climate change.

http://www.storebrand.no/site/stb.nsf/Pages/newsdesk.html#/news/storebrand-reduces-carbon-exposure-in-investments-19-companies-excluded-62954 After the latest sustainability analysis of the Energy sector, Storebrand has excluded 13 coal and 6 oil sands companies from all investments.

http://www.theguardian.com/environment/2013/apr/19/carbon-bubble-financial-crash-crisis Trillions of dollars at risk as stock markets inflate value of fossil fuels that may have to remain buried forever, experts warn.

http://www.rollingstone.com/politics/news/global-warmings-terrifying-new-math-20120719 Three simple numbers that add up to global catastrophe - and that make clear who the real enemy is.