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Disinvestment
Disinvestment refers to the use of a concerted economic boycott to pressure a government, industry, or company towards a change in policy, or in the case of governments, even regime change. The term was first used in the 1980s, most commonly in the United States, to refer to the use of a concerted economic boycott designed to pressure the government of South Africa into abolishing its apartheid regime. The term has also been applied to actions targeting Iran, Sudan, Northern Ireland, Myanmar, Israel, China and Russia. Examples Industries * Global Climate Coalition – Ford, General Motors, Texaco, Southern Company, Exxon, and other corporate members of the Global Climate Coalition – an industry group opposing the Kyoto Protocol – were the target of a national disinvestment campaign run by Ozone Action in 2000. According to ''The New York Times'', when Ford Motor Company left the coalition, it was "the latest sign of divisions within heavy industry over how to respond to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Disinvest
In finance and economics, divestment or divestiture is the reduction of some kind of asset for financial, ethical, or political objectives or sale of an existing business by a firm. A divestment is the opposite of an investment. Divestiture is an adaptive change and adjustment of a company's ownership and business portfolio made to confront with internal and external changes. Motives Firms may have several motives for divestitures: # a firm may divest (sell) businesses that are not part of its core operations so that it can focus on what it does best. For example, Eastman Kodak, Ford Motor Company, Future Group and many other firms have sold various businesses that were not closely related to their core businesses. # to obtain funds. Divestitures generate funds for the firm because it is selling one of its businesses in exchange for cash. For example, CSX Corporation made divestitures to focus on its core railroad business and also to obtain funds so that it could pay off som ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Africa
South Africa, officially the Republic of South Africa (RSA), is the Southern Africa, southernmost country in Africa. Its Provinces of South Africa, nine provinces are bounded to the south by of coastline that stretches along the Atlantic Ocean, South Atlantic and Indian Ocean; to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; to the east and northeast by Mozambique and Eswatini; and it encloses Lesotho. Covering an area of , the country has Demographics of South Africa, a population of over 64 million people. Pretoria is the administrative capital, while Cape Town, as the seat of Parliament of South Africa, Parliament, is the legislative capital, and Bloemfontein is regarded as the judicial capital. The largest, most populous city is Johannesburg, followed by Cape Town and Durban. Cradle of Humankind, Archaeological findings suggest that various hominid species existed in South Africa about 2.5 million years ago, and modern humans inhabited the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Endowment
A financial endowment is a legal structure for managing, and in many cases indefinitely perpetuating, a pool of Financial instrument, financial, real estate, or other investments for a specific purpose according to Donor intent, the will of its founders and donors. Endowments are often structured so that the inflation-adjusted principal (finance), principal or "corpus" value is kept intact, while a portion of the fund can be (and in some cases must be) spent each year, utilizing a prudent spending policy. Endowments are often governed and managed either as a Nonprofit organization, nonprofit corporation, a charitable foundation, or a private foundation that, while serving a good cause, might not qualify as a public charity. In some jurisdictions, it is common for endowed funds to be established as a trust (law), trust independent of the organizations and the causes the endowment is meant to serve. Institutions that commonly manage endowments include academic institutions (e.g., co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Apartheid
Apartheid ( , especially South African English: , ; , ) was a system of institutionalised racial segregation that existed in South Africa and South West Africa (now Namibia) from 1948 to the early 1990s. It was characterised by an authoritarian political culture based on ''baasskap'' ( 'boss-ship' or 'boss-hood'), which ensured that South Africa was dominated politically, socially, and economically by the nation's minority White South Africans, white population. Under this minoritarianism, minoritarian system, white citizens held the highest status, followed by Indian South Africans, Indians, Coloureds and Ethnic groups in South Africa#Black South Africans, black Africans, in that order. The economic legacy and social effects of apartheid continue to the present day, particularly Inequality in post-apartheid South Africa, inequality. Broadly speaking, apartheid was delineated into ''petty apartheid'', which entailed the segregation of public facilities and social ev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fossil Fuel Divestment
Fossil fuel divestment or fossil fuel divestment and investment in climate solutions is an attempt to reduce climate change by exerting social, political, and economic pressure for the institutional divestment of assets including stocks, bonds, and other financial instruments connected to companies involved in extracting fossil fuels. Fossil fuel divestment campaigns emerged on college and university campuses in the United States in 2011 with students urging their administrations to turn Financial endowment, endowment investments in the fossil fuel#industry, fossil fuel industry into investments in clean energy and communities Climate change vulnerability, most impacted by climate change. In 2012, Unity Environmental University, Unity College in Maine became the first institution of higher learning to divest its endowment from fossil fuels. By 2015, fossil fuel divestment was reportedly the fastest growing Financial endowment#Divestment campaigns, divestment movement in history ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boycott
A boycott is an act of nonviolent resistance, nonviolent, voluntary abstention from a product, person, organisation, or country as an expression of protest. It is usually for Morality, moral, society, social, politics, political, or Environmentalism, environmental reasons. The purpose of a boycott is to inflict some economic loss on the target, or to indicate a moral outrage, usually to try to compel the target to alter an objectionable behavior. The word is named after Captain Charles Boycott, agent of an absentee landlord in Ireland, against whom the tactic was successfully employed after a suggestion by Irish nationalist leader Charles Stewart Parnell and his Irish Land League in 1880. Sometimes, a boycott can be a form of consumer activism, sometimes called moral purchasing. When a similar practice is legislated by a national government, it is known as a Economic sanctions, sanction. Frequently, however, the threat of boycotting a business is an empty threat, with no signifi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Talisman Energy
Talisman Energy Inc. was a Canadian independent petroleum company that existed between 1993 and 2015. The company was created from the assets of BP Canada after British Petroleum divested its 57 percent stake in June 1992. It was one of Canada's largest independent oil and gas companies, and operated globally, with operations in Canada (B.C., Alberta, Ontario, Saskatchewan, Quebec) and the United States of America (Pennsylvania, New York, Texas ) in North America; Colombia, South America; Algeria in North Africa; United Kingdom and Norway in Europe; Indonesia, Malaysia, Vietnam, Papua New Guinea, East Timor and Australia in the Far East; and Kurdistan in the Middle East. Talisman Energy has also built the offshore Beatrice Wind Farm in the North Sea off the coast of Scotland. The company was acquired by Repsol in 2015 and in January 2016 was renamed to Repsol Oil & Gas Canada Inc. The company initially grew quickly through a number of mergers and acquisitions, which reflects i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bill McKibben
William Ernest McKibben (born December 8, 1960)"Bill Ernest McKibben." ''Environmental Encyclopedia''. Edited by Deirdre S. Blanchfield. Farmington Hills, Mich.: Gale, 2009. Retrieved via ''Biography in Context'' database, December 31, 2017. is an American environmentalist, author, and journalist who has written extensively on the impact of global warming. He is the Schumann Distinguished Scholar at Middlebury College and leader of the climate campaign group 350.org. He has authored a dozen books about the environment, including his first, ''The End of Nature'' (1989), about climate change, and ''Falter: Has the Human Game Begun to Play Itself Out?'' (2019), about the state of the environmental challenges facing humanity and future prospects. In 2009, he led 350.org's organization of 5,200 simultaneous demonstrations in 181 countries. In 2010, McKibben and 350.org conceived the 350.org#Global Work Party, 10/10/10 Global Work Party, which convened more than 7,000 events in 188 coun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Climate Change Mitigation
Climate change mitigation (or decarbonisation) is action to limit the greenhouse gases in the atmosphere that cause climate change. Climate change mitigation actions include energy conservation, conserving energy and Fossil fuel phase-out, replacing fossil fuels with sustainable energy, clean energy sources. Secondary mitigation strategies include changes to land use and carbon sequestration, removing carbon dioxide (CO2) from the atmosphere. Current climate change mitigation policies are insufficient as they would still result in global warming of about 2.7 °C by 2100, significantly above the 2015 Paris Agreement's goal of limiting global warming to below 2 °C. Solar energy and wind power can replace fossil fuels at the lowest cost compared to other renewable energy options.IPCC (2022Summary for policy makersiClimate Change 2022: Mitigation of Climate Change. Contribution of Working Group III to the Sixth Assessment Report of the Intergovernmental Panel on Climate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Power Shift
Power Shift is an annual youth summit which has been held in New Zealand, Australia, Canada, the United Kingdom and the United States. Other Power Shift Conferences are also being organised by members of the International Youth Climate Movement including Africa, Japan and India. The focus of the events is on climate change policy. History The first Power Shift conference was held from November 2 to 5, 2007 in Washington D.C., Washington, D.C., and was organised by the Energy Action Coalition. The second United States, American conference occurred two years later on February 27 to March 2, 2009. Following on from the success of the American format, the Australian Youth Climate Coalition organised a Power Shift event in Sydney, Australia, on July 11 to July 13, 2009. Similarly, the UK Youth Climate Coalition has scheduled the first British version of the event to run from October 9 to October 12, 2009. The first New Zealand Power Shift will be run between the 7th and 9 Decembe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
