Fossil Fuel Divestment: A $5 Trillion Challenge
Bloomberg New Energy Finance has posted a white paper on fossil fuel divestment, “a concept that can reflect various societal or practical considerations. Environmental concerns, moral and ethical stances, concerns about asset stranding, and portfolio diversification are all potential rationales.”
On its website, Bloomberg New Energy Finance says the white paper “explores the motivations behind fossil fuel divestment, the scale of existing fossil fuel investments, and potential alternatives for investment re-allocated from oil, gas, and coal stocks.”
Divesting from fossil fuels does not equate to investing in renewables, according to the white paper. “Clean energy will attract $5.5trn in investment between now and 2030, according to Bloomberg New Energy Finance, but not every dollar will be suitable for every institution. Projects, public equities, YieldCos and green bonds offer stability, growth, and yield, but not all in one package,” it says.
EY will present an analysis of U.S. midterm elections as the results may affect the nation’s energy policy. The webinar will be Thursday, Nov. 6, at 11 a.m. Eastern time.
What if you had to return all the revenue you received from every customer in California for the last several years? A class action litigation alert from DLA Piper discusses the California Automatic Renewal Law, which applies to most individual consumer contracts that include an automatic renewal feature and for which the consumer authorizes a recurring automatic charge to the consumer’s credit card or bank account for the purchase of services, memberships, subscriptions or other products.



Susan Hatmaker and Aimee Rainwater of Hatmaker Law Group will present a free employment law webinar discussing the latest updates for employee handbooks.








