progressX

reprint Investors who have dumped holdings in fossil fuel companies have outperformed those that remain invested in coal, oil and gas over the past five years according to analysis by the world’s leading stock market index company, MSCI, which runs global indices used by more than 6,000 pension and hedge funds, found that investors who divested from fossil fuel companies would have earned an average return of 13% a year since 2010, compared to the 11.8%-a-year return earned by conventional investors. _progress | M replaces _kt75 | mirror. visit: http://progress-m.blogspot.com . ready: 01.07.2015. close ✕ The figures indicate that if a major charitable institution or foundation with £100m in funds had divested from fossil fuels in November 2010 they would be around £7m better off today than if they had maintained their holdings in coal, oil and gas companies. In total, a portfolio of shares with fossil fuel companies included has grown in value by 62.2% since 2010, but this comp...

reprint Investors who have dumped holdings in fossil fuel companies have outperformed those that remain invested in coal, oil and gas over the past five years according to analysis by the world’s leading stock market index company, MSCI, which runs global indices used by more than 6,000 pension and hedge funds, found that investors who divested from fossil fuel companies would have earned an average return of 13% a year since 2010, compared to the 11.8%-a-year return earned by conventional investors. The figures indicate that if a major charitable institution or foundation with £100m in funds had divested from fossil fuels in November 2010 they would be around £7m better off today than if they had maintained their holdings in coal, oil and gas companies. In total, a portfolio of shares with fossil fuel companies included has grown in value by 62.2% since 2010, but this compares to the 69.9% growth of a fund without fossil fuel investments . The data will challenge the widespread belie...

_NEW: follow the development of the new web-presence wolframscharnhorst.blogspot.com reprint The so-called “carbon bubble” is no longer a concept, it’s a reality, according to UN climate chief Christiana Figueres, who will oversee the crucial UN climate conferencein Paris in December. Investors who sunk their money into the fossil fuel sector are going to come up losers, she suggested, as plummeting oil prices have made new extraction projects too costly to continue to pursue and concerns about global warming have made them too risky. “A lot of the stranded asset conversations we’ve been having for a long time are now coming true,” she told RTCC, speaking from the World Future Energy Summit in Abu Dhabi. “Those expensive oil projects —deep sea, Arctic, tar sands—those are actually beginning to be taken off the table because of the low oil prices.” That’s good news for the environmental groups that have long warned about “stranded assets”—coal, oil and gas that would have to be left ...

-- a _kt75 | reprint _NEW: explore all _kt75 | publications via the news db... and leave your comments here The American West has a long tradition of conflict over water . But after fifteen years of drought across the region, it is no longer simply conflict: it is crisis. In the face of unprecedented declines in reservoir storage and groundwater reserves throughout the West, we focus in this discussion paper on a set of policies that could contribute to a lasting solution: using market forces to facilitate the movement of water resources and to mitigate the risk of water shortages.  We begin by reviewing key dimensions of this problem: the challenges of population and economic growth, the environmental stresses from overuse of common water resources, the risk of increasing water-supply volatility, and the historical disjunction that has developed between and among rural and urban water users regarding the amount we cons...

-- a _kt75 | double reprint: EN/DE Download: Quarterly Notes on Sustainable Water Management - Q02/2014 . The environmental resources situation is shaped by changes in climatic conditions, coupled with pressures exerted by a rapidly growing global population, its increasing demands and the subsequent impacts on the environment. Current practices across the economy sectors are still not sufficiently ambitious in terms of sustainability ; they fail to ameliorate the stress conditions of vital resources like water. In recent years, the need has been highlighted for governance and management schemes that allocate resources appropriately among users (including the environment) and that promote the efficient use of such resources. The very nature of these needs calls for adequate policy responses. One of these policy responses — applied either separately or in combination with other economic or regulatory instruments — is water pricing . The use of such instruments brings additional soci...

-- a _kt75 | reprint Download: Quarterly Notes on Sustainable Water Management - Q01/2014 IEA World Energy Outlook special report sees rising role of governments in shaping investment decisions. Meeting the world’s growing need for energy will require more than $48 trillion in investment over the period to 2035, according to a special report on investment released today by the International Energy Agency (IEA) as part of the World Energy Outlook series. Today’s annual investment in energy supply of $1.6 trillion needs to rise steadily over the coming decades towards $2 trillion. Annual spending on energy efficiency, measured against a 2012 baseline, needs to rise from $130 billion today to more than $550 billion by 2035. “The reliability and sustainability of our future energy system depends on investment,” said IEA Executive Director Maria van der Hoeven. “But this won’t materialise unless there are credible policy frameworks in place as well as stable acc...

-- a _kt75 | reprint   Tweet Investment in low carbon technologies fell 11 per cent in 2012, according to a new report by market analysts Bloomberg New Energy Finance, which also shows China has overtaken the US as the world's largest contributor to renewable energy. The report [ 1 ] shows that investment in low carbon technologies is actually holding up pretty well after warnings from the report's authors last January that 2012 would be a "challenging year" for the sector. We took a look at some of the figures to find out how tough economic conditions and investor uncertainty over renewable energy policies in the UK have changed the investment landscape. Overall investment drops The report [ 1 ] shows that overall global investment in low carbon energy dropped by about $30 billion in the space of a year. Comparing investment last year to 2011 may be unfair, as 2011 saw the highest ever rate of investment in the sector. But it is only the second time in almost ...

-- a note from _kt75 In continuation of the recent article on prospective water prices [ 1 ] this article provides a brief and overall impression of how sustainable water management might be affected by environmental, technical, economic and geo-political conditions in the future. In principle, water shouldn't be considered as an commercial entity (subject to speculation) rather as a global and (preferably) commonly available good. The reality however, looks different: increasingly, but not yet recognized by the broad public, water has become a strong, almost unique issue. It is already today the 'blue gold' with a rather limited access [ 2 ]-[ 5 ]. The latter aspect will accentuate in the future and the situations to come can be formulated as follows: Schematic sketch of the global water conditions and their likely development in the future. Regions with stable water conditions (blue line regions, low risk regions), regions with rather stable water conditions (green line ...