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Rockefeller Brothers Fund to divest in fossil fuels

Getty Images via Newscred

Marissa Hall | Shale Plays Media In a startling move that demonstrates the evolving nature of energy markets, the Rockefeller Brothers Fund has announced that it is part of a group of philanthropic foundations and wealthy individuals that will pull $50 billion in investments from fossil fuel industries. Instead, the fund will transition to investing in clean energy sources over ...

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Energy quote of the day: A disturbing climate march observation

New York

Jared Anderson | Breaking Energy Yesterday’s People’s Climate March in New York City drew an estimated 310,000 – 400,000 people, putting it up there with some of the country’s largest historical mass protests. It’s great that so many people are passionate about doing something to address climate change, but it sometimes seems like people are quick to jump behind a ...

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Businesses and investors pressing for green policy

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Jonathan Fahey  | Associated Press NEW YORK — Hundreds of corporations, insurance companies and pension funds are calling on world leaders gathering for a U.N. summit on climate change this week to attack the problem by making it more costly for businesses and ordinary people to pollute. The idea, long advocated by policymakers, economists and environmental activists, is that the ...

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Rate of greenhouse gas increase unseen in 30 years

red earth

Zachary Toliver | Shale Plays Media In a recent announcement, the World Meteorological Organization (WMO) stated that Concentrations of carbon dioxide in the atmosphere between 2012 and 2013 grew at their fastest rate since 1984. The WMO figures show that the globally averaged amount of carbon dioxide in the atmosphere reached 396 parts per million (ppm) in 2013, an increase ...

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As wind power surges, opposition grows

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Hal Bernton and Erin Heffernan | The Seattle Times FOREST, Wis. — When wind developers prospected the rolling hills around this small dairy town, they found plenty of gusty sites for turbines. In 2011, they proposed a $250 million project with up to 44 turbines that could produce enough energy to power thousands of homes. Since then, nothing has come easy ...

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Renewable power on par with gas…for now

A sunflower blooms in front of the solar array at Sterling College, in Craftsbury, Vermont. Photo by Sterling College via flickr

Zachary Toliver | Shale Plays Media The International Energy Agency (IEA) released their third annual Medium-Term Renewable Energy Market Report today, giving praise and caution for the domain of renewable power. According to the report, a little more than one-fifth of all energy generated on earth comes from a renewable source. Thanks to a surge in wind, solar and hydroelectricity ...

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Energy News Roundup: German LNG push, DiCaprio advocates carbon tax & renewables provide all new US capacity

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Jared Anderson | Breaking Energy The German government is providing the country’s largest utility E.ON loans to help competitively bid for global LNG supply as Berlin seeks to diversify gas import sources away from Russia. The loans strengthen E.ON’s credit rating and help the company compete with government-backed companies that LNG suppliers favor. “Those guarantees have in the past been ...

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U.S. Energy Dept finalizes overhaul of natural gas export reviews

Sabine Pass LNG

Ayesha Rascoe | Reuters WASHINGTON –  The U.S. Energy Department has finalized a plan to revamp its process for approving liquefied natural gas exports, and as originally proposed the changes eliminate conditional approvals for LNG projects. Beginning Thursday, the department will only issue final rulings on whether exports are in the public interest after the Federal Energy Regulatory Commission, or ...

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Solar vs coal. Which industry has more jobs in America?

Power plant using renewable solar energy and Coal-fired power plants. Getty image via NewsCred

Zachary Toliver | Shale Plays Media Sheldon Whitehouse, a U.S. Senator from Rhode Island, has made no mistake about where he stands on climate change and the necessity of renewable energy to help solve the climate crisis. The senator made comments a few months back that many scoffed at. In the Providence journal, Sen. Whitehouse noted that “there is more ...

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