oil and gas
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New York State Just Set a New Standard for Fossil Fuel Divestment
After an eight-year fight to get New York to divest its $US226 ($305) billion pension fund from fossil fuels, activists have won a major victory. On Wednesday, New York Comptroller Tom DiNapoli announced the state will take a systematic approach to ensure the third-largest pension fund in the U.S. divests from fossil fuels by 2025.
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Climate Scientists Debunk ‘Point of No Return’ Paper Everyone’s Freaking Out About
On Thursday, a new study came out warning that even if we stopped emitting carbon dioxide, the world has reached the “point of no return” for climate change. The paper claims that’s because Arctic permafrost — carbon-rich, permanently frozen earth made of rocks, water, and dead wildlife — is melting irreversibly, and it could continue…
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Fracking Is Elevating Levels of Radioactivity Downwind
Hydraulic fracturing has been a big topic of the upcoming presidential election. Biden has refused to ban it, Trump has said he’ll expand it hugely. Well, a new Harvard study suggests that the drilling practice is even more dangerous than we previously thought.
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The Beginning of the End of the Plastic Era Is Here
While the trend for investing in oil and gas industry has been downward for years, the pandemic has established it as a pretty garbage investment. The industry has set its hopes on plastic to turn the tide, but new research shows that’s a losing bet, too.