Tag Archive for low carbon investing

Calls for fossil fuel divestment continue to burn

ncr_logoThat was the consensus Sunday from the United Nations Intergovernmental Panel on Climate Change. The third paper from the panel’s fifth assessment report outlined the mitigation scenarios necessary to avoid climate change’s most catastrophic outcomes. Among their conclusions, the 235 scientists authoring the 33-page report stated that to reach the substantial reductions in carbon emissions — by 2050, slashing emissions by 40 to 70 percent of 2010 levels, and to near zero by century’s end — necessary to keep temperature change below 2 degrees Celsius compared to pre-industrial levels would require a dramatic change in investment patterns.