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UN Backs Fossil Fuel Divestment Campaign
mdsolar sends this report from The Guardian:
The UN organization in charge of global climate change negotiations is backing the fast-growing campaign persuading investors to sell off their fossil fuel assets. It said it was lending its "moral authority" to the divestment campaign because it shared the ambition to get a strong deal to tackle global warming at a crunch UN summit in Paris in December.
The move is likely to be controversial as the economies of many nations at the negotiating table heavily rely on coal, oil and gas. In 2013, coal-reliant Poland hosted the UNFCCC summit and was castigated for arranging a global coal industry summit alongside. Now, the World Coal Association has criticized the UNFCCC's decision to back divestment, saying it threatened investment in cleaner coal technologies.
The move is likely to be controversial as the economies of many nations at the negotiating table heavily rely on coal, oil and gas. In 2013, coal-reliant Poland hosted the UNFCCC summit and was castigated for arranging a global coal industry summit alongside. Now, the World Coal Association has criticized the UNFCCC's decision to back divestment, saying it threatened investment in cleaner coal technologies.
Is this Slashdot, or 'Climatechangedot'? Your bias is becoming sickening.
There is no such thing as 'catastrophic man-made global warming', which is why the scammers behind that LIE renamed it 'climate change', which means nothing of the sort, but is MEANT to be taken as meaning "catastrophic man-made global warming'. If that's what they mean, why don't they SAY so?
www.climatedepot.com
www.wattsupwiththat.com
>. The reality is that the smart money is now with those who divest in fossil fuels first and put their earnings in alternative energy stocks will be the big winners
To be a bit more specific, the journal Nature has called Nanosolar "the poster child for Silicon Valley's interest in solar power". That sounds like an interesting stock. You might want to consider putting some of your money in that company.
Six years after Nature started pumping Nanosolar, in 2012 they announced they planned to actually start making solar panels pretty soon. I understand their stock is _real_ cheap right now.
Also, I heard Obama is backing two other promising companies, Fisker and Solyndra. He says they'll do great, so you might scoop up some of their stock.