Tag Archives: Fossil Fuels

Water Protector & Pipeline News – Federal Court Halts Atlantic Coast Pipeline Work, Raw Crude Oil Spews in Oklahoma City & More

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Federal appeals court orders halt to work on Atlantic Coast Pipeline A federal appeals court has ordered a halt to construction of Dominion Energy’s Atlantic Coast Pipeline, finding that restrictions against harming wildlife are inadequate for the controversial 600-mile natural gas project. Three judges of the U.S. Court of Appeals for the Fourth Circuit said in a ruling issued late Tuesday that the U.S. Fish and Wildlife Service had failed to set clear limits for impact on threatened or endangered species. The judges said that “the limits set by the agency are so indeterminate that they undermine . . . the enforcement … Continue reading →

1/11 News Roundup – NYC To Divest $5bn From Fossil Fuels, 2018 Candidates Platforms Push For Climate Action & More

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New York City plans to divest $5bn from fossil fuels and sue oil companies

New York City is seeking to lead the assault on both climate change and the Trump administration with a plan to divest $5bn from fossil fuels and sue the world’s most powerful oil companies over their contribution to dangerous global warming.

City officials have set a goal of divesting New York’s $189bn pension funds from fossil fuel companies within five years in what they say would be “among the most significant divestment efforts in the world to date”. Currently, New York City’s five pension funds have about $5bn in fossil fuel investments. New York state has already announced it is exploring how to divest from fossil fuels.

“New York City is standing up for future generations by becoming the first major US city to divest our pension funds from fossil fuels,” said Bill de Blasio, New York’s mayor.

“At the same time, we’re bringing the fight against climate change straight to the fossil fuel companies that knew about its effects and intentionally misled the public to protect their profits. As climate change continues to worsen, it’s up to the fossil fuel companies whose greed put us in this position to shoulder the cost of making New York safer and more resilient.”

De Blasio said that the city is taking the five fossil fuel firms – BP, Exxon Mobil, Chevron, ConocoPhillips and Shell – to federal court due to their contribution to climate change.

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