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Major Investments Are Key To Preventing Climate Displacement, Says UN

Submerged houses after floods on August 25, 2024 in Feni, Bangladesh. (Photo by Parvez Ahmad ... Rony/Drik/Getty Images)Getty Images The latest major United Nations report on climate change is out, and the results are just as grim as all the previous ones, with climate change-related extreme weather events causing ever more people to flee their homes, as well as destroying critical infrastructure. The report, while playing into some of the misunderstandings over climate-related migration, also highlights the need for a large amount of funds to go towards helping vulnerable communities...
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California pension fund labels Chevron and Saudi Aramco as climate-friendly investments – East Bay Times

By Eliyahu Kamisher | BloombergThe US’s largest pension fund has classified more than $3 billion of holdings in oil drillers, coal miners, and other major greenhouse gas producers as climate-friendly investments, according to a new analysis of public records.Stakes in Saudi Aramco, Chevron Corp. and Chinese coal company Inner Mongolia Dian Tou Energy are among the holdings that California Public Employees’ Retirement System labeled as  “climate solutions.”RELATED: More than 7,000 gallons of hydrocarbon materials were released in Martinez refinery blazeThe findings are part of a report from California Common Good, a...
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