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Students find obscure law that could make university fossil fuel investments illegal

Grist

College students fighting to get their schools to stop investing in fossil fuels have stumbled on a new idea that could bring fresh attention to their cause: Those investments might be illegal. They also write that Harvard’s fossil fuel investments threaten its own physical property by exacerbating flooding and sea-level rise.

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Nigel Farage’s Reform Party Took £135,000 from Climate Science Deniers and Fossil Fuel Interests

DeSmogBlog

Nigel Farage ’s Reform party received £135,000 this year from donors linked to climate science denial and fossil fuels, DeSmog can reveal. Latest official records show that all donations made to Reform UK so far this year are from individuals with ties to climate science denial or fossil fuel interests.

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Study documents impacts of large-scale entry of rooftop solar panels on competition

TechXplore

Fossil-fuel plants are increasingly being forced to stop and start production in response to changes in output from renewables. They apply their framework to Western Australia, a setting where rooftop solar capacity more than doubled between 2014 to 2018 to world-leading rooftop solar penetration rates.

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‘We are at a crossroads’: New IPCC report says it’s fossil fuels or our future

Grist

Greenhouse gas emissions must peak within the next three years, and in the next eight, the world must push fossil fuels aside, rapidly scaling up the use of clean energy like wind and solar. The authors’ top recommendation: Immediately move away from fossil fuels and replace them with renewable technologies.

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Is 'net zero' much ado about nothing?

GreenBiz

The "way back when" in this case seems to be around 2014. It feels almost quaint to remember way back when "80 by 50" — an 80 percent reduction in greenhouse gas emissions by 2050 — was a bold goal for a company or government entity to make. It was seen by many as audacious, possibly unachievable, but still a necessary target.

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'Oil has no place in our future': Rockefeller fund returns shine after ditching fossil fuels

Business Green

Rockefeller Brothers Fund announces that its investment portfolio has exceeded expectations and industry averages in the five years since it divested from fossil fuels. According to the study, the RBF posted an average annual net return of 7.76 per cent over the five-year period that ended in December last year.

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Fossil Fuel Companies in UK Awarded £150 Million of Public Money ‘to Find New Ways to Extract Oil, Coal and Gas’

DeSmogBlog

The UK government gave over £150 million in tax breaks to fossil fuel companies in the space of three years, new research has found. A new paper out today reveals that tax credits for fossil fuel extractive companies to conduct research and development (R&D) increased by around £20 million year on year between 2014 and 2016.