Day: February 3, 2014

Climate Change and Civil Society Coal Fossil Fuels Global Warming News New Energy Economy

17 Foundations Divest from Fossil Fuels

Seventeen U.S. nonprofit grantmaking charities have announced they are divesting from fossil fuel investments.  For those new to this world, foundations are typically funded by endowments created by a benefactor or family legacy.  These funds are invested, usually in a combination of mutual funds, stocks, hedge funds and bonds.  The foundations distribute a portion of […]Read More