On the 20th of January Donald Trump celebrated his first year as leader of the United States. Environmental, social and foreign policies: here’s an overview of Trump’s first year.
These are the top news stories of 2017 and the people who have most left a mark on a year that has been intense yet also rewarding from the point of view of social and environmental sustainability.
AXA, one of the world’s biggest financial services companies, is dumping investments in tar sands and ending insurance for controversial oil pipelines, taking fossil fuel divestment to new heights.
Indian coal giant Adani’s Carmichael project, worth 16.5 billion Australian dollars, in the Galilee basin in Queensland is projected to be the largest mine in Australia and one of the largest in the world. After an international campaign to block it, Gautam Adani, the Indian billionaire founder of the conglomerate of the same name, announced
L’oleodotto voluto da Donald Trump, il Dakota access pipeline, non è ancora entrato in funzione e già sta perdendo petrolio.
AXA Investment Managers, a France-based investment service provider, has pledged to divest 165 million euros (175 million dollars) of its fixed-income portfolios and 12 million euros (13 million euros) of equities portfolios as a result of its new coal policy. It announced that it won’t invest in companies that derive more than 50 per cent of their
The Bakken or Dakota Access Pipeline (DAPL), an underground oil pipeline project in the United States, is owned by a network of oil and pipeline companies, joint ventures and holding companies. After Trump revived it in January without the consent of the Sioux indigenous tribe affected by it and flouting environmental laws, many investors both from the US
The Rockefeller family fund confirms it will give up fossil fuels. “It makes little sense—financially or ethically—to continue holding investments in these companies”.
If you’re wondering whether your stock market investments are damaging the Earth, maybe the time has come to understand why many organisations are divesting from this sector and why “fossil free” indexes exist. The latest example comes from Australia in the form of the Fossil Free Index created by Thomson Reuters and Future Super –
The EDF group and the French government are called to rescue the company Areva: «The cost for the operation could top 4-5 billion euros».
