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EcoUnionist News #24

Compiled by x344543 - IWW Environmental Unionism Caucus, January 17, 2015

Disclaimer: The views expressed here are not the official position of the IWW (or even the IWW’s EUC) and do not necessarily represent the views of anyone but the author’s.

The following news items feature issues, discussions, campaigns, or information potentially relevant to green unionists:

Lead Stories:

Carbon Bubble:

Green Jobs and Just Transition:

Other News of Interest:

For more green news, please visit our news feeds section on ecology.iww.org; Twitter #IWWEUC

EcoUnionist News #23

Compiled by x344543 - IWW Environmental Unionism Caucus, January 17, 2015

Disclaimer: The views expressed here are not the official position of the IWW (or even the IWW’s EUC) and do not necessarily represent the views of anyone but the author’s.

The following news items feature issues, discussions, campaigns, or information potentially relevant to green unionists:

Lead Stories:

Carbon Bubble:

Green Jobs and Just Transition:

Other News of Interest:

For more green news, please visit our news feeds section on ecology.iww.org; Twitter #IWWEUC

EcoUnionist News #22

Compiled by x344543 - IWW Environmental Unionism Caucus, January 14, 2015

Disclaimer: The views expressed here are not the official position of the IWW (or even the IWW’s EUC) and do not necessarily represent the views of anyone but the author’s.

The following news items feature issues, discussions, campaigns, or information potentially relevant to green unionists:

Lead Story:

IWW Campaigns:

Carbon Bubble:

Other News of Interest:

For more green news, please visit our news feeds section on ecology.iww.org; Twitter #IWWEUC

EcoUnionist News #21

Compiled by x344543 - IWW Environmental Unionism Caucus, January 13, 2015

Disclaimer: The views expressed here are not the official position of the IWW (or even the IWW’s EUC) and do not necessarily represent the views of anyone but the author’s.

The following news items feature issues, discussions, campaigns, or information potentially relevant to green unionists:

Lead Stories:

IWW Campaigns:

Other News of Interest:

For more green news, please visit our news feeds section on ecology.iww.org; Twitter #IWWEUC

EcoUnionist News #20

Compiled by x344543 - IWW Environmental Unionism Caucus, January 12, 2015

Disclaimer: The views expressed here are not the official position of the IWW (or even the IWW’s EUC) and do not necessarily represent the views of anyone but the author’s.

The following news items feature issues, discussions, campaigns, or information potentially relevant to green unionists:

Lead Story:

IWW Campaigns:

Carbon Bubble:

Other News of Interest:

For more green news, please visit our news feeds section on ecology.iww.org; Twitter #IWWEUC

EcoUnionist News #19

Compiled by x344543 - IWW Environmental Unionism Caucus, January 7, 2015

Disclaimer: The views expressed here are not the official position of the IWW (or even the IWW’s EUC) and do not necessarily represent the views of anyone but the author’s.

The following news items feature issues, discussions, campaigns, or information potentially relevant to green unionists:

Lead Story:

Carbon Bubble:

Other News of Interest:

For more green news, please visit our news feeds section on ecology.iww.org; Twitter #IWWEUC

EcoUnionist News #16

Compiled by x344543 - IWW Environmental Unionism Caucus, December 31, 2014

Disclaimer: The views expressed here are not the official position of the IWW (or even the IWW’s EUC) and do not necessarily represent the views of anyone but the author’s.

The following news items feature issues, discussions, campaigns, or information potentially relevant to green unionists:

Lead Stories:

Railroad Workers, Safety, and the Environment:

Other News of Interest:

For more green news, please visit our news feeds section on ecology.iww.org; Twitter #IWWEUC

EcoUnionist News #14

Compiled by x344543 - IWW Environmental Unionism Caucus, December 29, 2014

Disclaimer: The views expressed here are not the official position of the IWW (or even the IWW’s EUC) and do not necessarily represent the views of anyone but the author’s.

The following news items feature issues, discussions, campaigns, or information potentially relevant to green unionists:

Lead Story:

Other News of Interest:

For more green news, please visit our news feeds section on ecology.iww.org; Twitter #IWWEUC

Norway’s Largest Pension Fund Divests from Coal

By Beverly Bell - Fossil Free, November 19, 2014

Disclaimer: The views expressed here are not the official position of the IWW (or even the IWW’s EUC) and do not necessarily represent the views of anyone but the author’s.

Norway’s largest manager of pension funds, KLP, has decided to sell off all its investments in coal companies. KLP executives will instead invest half-a-billion kroner (around USD 75 million) in renewable energy ventures.

KLP manages the pension funds for the majority of Norway’s public sector employees. With its total assets of nearly NOK 500 billion ($84bn/€67bn) its clout in the investment world ranks second only to the Norway’s huge sovereign wealth fund, known as the oil fund.  Today’s decision sets an important precedent for the Oil Fund which is due to announce a decision on its investments in fossil fuels later this month!

Today KLP’s CEO Sverre Thornes announced that: “We are divesting our interests in coal companies in order to highlight the necessity of switching from fossil fuel to renewable energy.”   KLP has decided to invest NOK 500 million more in increased renewable energy capacity.

After a query from one of its local municipal clients, the township of Eid in the mountainous Norwegian county of Sogn og Fjordane, KLP said it has “assessed whether it is possible to contribute to a better environment by pulling investments out of oil, gas and coal companies” without affecting future returns on its investment portfolio.

The Fossil Fuel Bailout: G20 Subsidies for Oil, Gas and Coal Exploration

By Elizabeth Bast, Shakuntala Makhijani, Sam Pickard, and Shelagh Whitley - Oil Change International, November 2014

Governments across the G20 countries are estimated to be spending $88 billion every year subsidising exploration for fossil fuels. Their exploration subsidies marry bad economics with potentially disastrous consequences for climate change. In effect, governments are propping up the development of oil, gas and coal reserves that cannot be exploited if the world is to avoid dangerous climate change.

This report documents, for the first time, the scale and structure of fossil fuel exploration subsidies in the G20 countries. The evidence points to a publicly financed bailout for carbon-intensive companies, and support for uneconomic investments that could drive the planet far beyond the internationally agreed target of limiting global temperature increases to no more than 2ºC.

It finds that, by providing subsidies for fossil fuel exploration, the G20 countries are creating a ‘triple-lose’ scenario. They are directing large volumes of finance into high-carbon assets that cannot be exploited without catastrophic climate effects. They are diverting investment from economic low-carbon alternatives such as solar, wind and hydro-power. And they are undermining the prospects for an ambitious climate deal in 2015.

Read the report (PDF).

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