April 28, 2022
Climate Finance Media Round-Up — April 28 2022
Shareholder season (AGM):
- National Observer: Canada’s biggest banks shoot down climate resolutions at annual meetings
- Reuters: NYC pension leaders to urge fossil fuel lending curbs, late boost for activists
- Grist: Will Big Oil and major banks face another reckoning from investors this year?
- Reuters: Banks enter AGM season wearing green bullseyes
- Bloomberg: Climate Votes Fought by Major Oil Companies Get Key Backing
- Bloomberg: Investors Crank Up Pressure on Companies With Record Climate, Race Proxy Proposals
- DeSmog: ‘Existential Threat’: Indigenous Leaders Urge Citigroup to Stop Backing Amazon Oil
- The New Republic: Bank of America, Citigroup, and Wells Fargo Vote to Keep Financing Fossil Fuels
Earth Day:
- Atmos: Of the Earth
- NY Nurses: April 2022 by New York State Nurses Association
- Gizmodo: 7 Bonkers Corporate Earth Day Campaigns
- WSJ: Man Behind Earth Day Says There’s Too Much Greenwashing
Fossil fuel divestment:
- AP: Report: Oregon has $5.3b invested in fossil fuel companies
- Reuters: Society Watch: How employees are taking their companies to task over climate change
- Daily Northwestern: Divestment across campus: Activist groups discuss status of current demands and future plans
- The Cavalier Daily: DivestUVA rally calls for U.Va. to fully divest from fossil fuel industry
Russia/Ukraine war:
- Washington Post: War in Ukraine poses environmental risk now and in the future, advocates say
- BBC News: Ukraine war: Russia halts gas exports to Poland and Bulgaria
- NPR: To fight climate change, and now Russia, too, Zurich turns off natural gas
- Yale E360: How US Gas Exports to Europe Could Lock in Future Emissions
- The Guardian: US gas prices are over $4 a gallon. These oil CEOs took home over $20m
Climate impacts:
- Yahoo! News: India’s heatwave compared to start of climate disaster novel
- AP: Wildfires tear across several states, driven by high winds
- Yale Climate Connections: People of color disproportionately lost power during 2021 Texas freeze
- Yale Climate Connections: Nearly two years after Hurricane Laura, Louisiana Gulf Coast is still recovering
- CNN: As the world experiences rising sea levels, Iceland’s waters are falling — and flowing to the other side of the planet
- ABC News: Video Catastrophic flooding in South Africa kills nearly 450
Direct action:
- The New York Times: Climate Rallies Planned for White House and Across US
- MSNBC: How an activist’s self-immolation exposed the dark reality of ‘climate grief’
- SFist: Climate Activists Chain Themselves to Wells Fargo Wagon in Downtown SF to Protest Fossil Fuel Investment
- Yahoo! News: How youth-led protests are shifting the climate change conversation
- Des Moines Register: ‘Mother Earth is in deep trouble:’ Rally at MidAmerican headquarters demands end to fossil fuels
- WTOP News: 1 arrested after scaling Wilson Building in DC climate protest
Solutions & renewables:
- Ebony: 10 Black Environmentalists Addressing Climate Injustice
- High Country News: Indigenous leaders convene at U.N. to push for human rights protections
- The Weather Channel: Wind Energy Tops Coal, Nuclear Power for First Time in US
- Gizmodo: Renewable Energy Has Been Kicking Ass in the U.S. This Spring
- CNN: ‘The sound of money’: Wind energy is booming in deep-red Republican states
Op-eds:
- Rolling Stone: Coastal GasLink Pipeline: Banks Must Divest or Lose Hollywood’s Funds
- The Toronto Star: Canada’s big banks must walk their talk on climate
- Washington Post: More oil is not the answer now, nor will it ever be
- SF Examiner: What the gas industry doesn’t want you to know about your appliances
- The Guardian: Should we feel joy or despair that we’re on track to keep global heating to 2C?
- The Sacramento Bee: Pension funds CalPERS, CalSTRS must divest from fossil fuels
Accountability
- PBS: The Power of Big Oil | Watch S2022 E15
- The Toronto Star: Group asks competition watchdog to investigate alleged ‘greenwashing’ by RBC
- POLITICO: Email shows Biden’s infrastructure focus on fix-it-first, consumer EV rebates — and a new ‘ARPA-I’
- BusinessGreen News: Glasgow Financial Alliance for Net Zero: Campaigners voice fears group is becoming a ‘smokescreen’
- Chief Investment Officer: Net-Zero Pledges Aren’t as Green as You Think, Says New Study
Biden, US Congress & Finance Agencies:
- Bloomberg: President Biden’s Climate Ambitions Are All But Dead
- POLITICO: SEC shift fuels surge in climate-linked proxy proposals
- The New York Times: Biden Restores Climate to Environmental Law, Reversing Trump
- The Washington Post: Congress is back. Will it act on climate?
- FTAdviser.com: Treasury launches climate transition plan taskforce